Replies to post #22373 on Secure Point Technologies Inc (fka IMSCQ)

[Entendance]

You're welcome. I like Fred's take on it:

<...BAM agreed to extend the loan 2 years, and for that the interest rate increases 1%. That is a small increase to not have to worry about renegotiating in 12 months.
Morpho's protest helped put us in this position of not showing any revenue from the TSA order before the deadline for the loan renegotiation came up. The anger should be directed at Morpho, who managed to delay things 4 months while they protested the denial of any order from the TSA of their poorly engineered ETD equipment with very high false alarms rates that was not acceptable to the TSA. We would not have been in this position had Morpho not protested the TSA IDIQ award...>
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