Replies to post #23552 on Secure Point Technologies Inc (fka IMSCQ)

[dsully64]

BB. I'd guess it's somewhere in between those two. I'd say they had to discount quite a bit to get their foot in the door, because if that door was shut, I'd hate to see the share price now.

The Qs after this one will definitely be much more pleasing to the eye and hopefully will bring new money and investors to the company. They hopefully have a plan to rid DMRJ of it's 8 cent options when the money roles in. Otherwise, that investor meeting in July is gonna be heated.

I hope the real investors on here stay the course, painful as it is right now. Just realize that a particular poster on here and the nutcases on Yahoo have one desire, for the price to go down. Don't feed into it and concentrate on the story of this great little American company.

And now....a Modelo is calling!

[phinswin]

No your right. POSI pointed me in the right direction. Didn't make sense to me, that was why I asked.
Its 52k a unit. If there is a discount its not much.
And I agree with everything else. 70 cents is a awesome price. Doubt it will be here for me in a couple of weeks but that's okay.
I expect revenue to triple from last year (fiscal).

[Andy3077]

Correct and great post. We've seen this before right?

[zeynoc]

Perhaps the Company gave them a heads up that they will be paying the 3.5mn converts soon so they are trying to take advantage of the 10x or 9x they are making until the payback happens...operational performance, sales and future cash flows due to TSA do not support this valuation. Again, even on a fully diluted basis, this company is significantly undervalued and it can not be a coincidence that someone comes in every last half hour of the trading session and tries to punch it down. It is capitulation time...

[Buzzlityr]

BB- 1170 units for TSA, other sales from branches of DHS. TSA won't dump Smith's ETDs. They like having a second option. I was hopeful they would but I doubt they do it until other branches have purchased thru the IDIQ. Then, if Smith's has not gotten its new ETD cert'd, then maybe they fill in Smith's w/ B-220s.

I peg the ASP of a B-220 to TSA between 37 and 39K. At 20K/unit, they would be selling at/near a loss/unit. ( retail is about 45K, margin is about 50% in vol.)

dsully- agreed on the shareholders meeting IF they have not woken up and paid off Plat.'s first loan.

But Plat. always was and will be a seller. Share count during Plat's loans: 16M to 74M. The exact same time as Plat's move into nat. resources which they did very well with. Only thing that would get Plat. to convert & hold is a real buy out possibility,( apparently they didn't believe the Buffalo show on a buy out either) but even then they are NOT taking any chances. And that is the problem w/monster debt in your house-- you don't get one mistake.

Also, McGann's hands maybe bound during this sort of black out period while machines are deployed. That is a guess.

But every shareholder must know, not much will change except the amount of dumped shares until they erase that first 8 cent loan and pay Plat.'s qtrly interest in cash, not 8 cent shares.

OK, we hit .66 and I missed it. Dang/Not-dang. At this point Implant induced hypothermia sets in...but as we know, even if it gets better, it can be a disappointing stock.