Replies to post #28056 on Secure Point Technologies Inc (fka IMSCQ)

[kidneybeans]

So what's next zeynoc? What is your best guess as what happened in the massacre? Was it the shorts? Does dmrj say enough, let's capitalize now?

[kidneybeans]

I know they are not considered insiders but is it legal for them to actively trade the stock? Hard to believe that it is.

[crony]

The fact is DMRJ can pull the plug at any time they please by not providing any more extensions. Then they convert all the debt into shares at 8 cents resulting in them owing 95%+ of the company. The worst part is they can do it after the company is profitable (but still in huge debt). So as soon as they convert all the debt at the lowest possible price - they will enjoy owing a profitable company with a clean balance sheet.
There is no point holding this stock until that happens.