That's right, unfortunately the purchase of marks back about eight or 10 years ago as I recall was at the height of the markets and unfortunately costing a lot more money than it should have. Digging out from under the debt but I think they have a tremendous upside potential. The debt down to around $10 million and there's not a lot of shares outstanding of which only 50% of the shares are in the float. Significant insider ownership at around 50%.
There going very have heavily into mobile and wireless for their security products and I would really like to see them add a fingerprint component that would include bio keys technology.
I also see the potential for this company being swallowed up by one of the bigger players in the not-too-distant future. Not trying to spread a rumor but believe it could be a part of Industry consolidation.
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