Replies to post #31267 on Secure Point Technologies Inc (fka IMSCQ)

[Buzzlityr]

Buffalo-

Don't doubt that they are listening as BM thanked them every CC, just as YOU would if you owed them 60M$ and they could end your career with one letter.

But you bring up ODDS of this or that and you place"continuing with DM at 3%".

Actually think its more like this:

30% chance a partner invests into ISC to pay DM out ( best outcome for shareholders, positive for mgt.)

30% chance that DM provides another loan at better than 12.5% interest with NO convert provision ( worst outcome for shareholders, neutral for mgt.)

30% chance the company refi's all debt at a less than 12% and pays DM out. ( second best outcome for shareholders and positive for mgt., extremely positive for BM or DJ if they are responsible for bringing in the NEW loan(s))

10% chance the company is acquired. ( no comment until terms are known, but mgt. is covered via 11% of buy out price per CIC payments but have little skin in the game in terms of shares unless the per share payout is far above $1.40/share where they can convert)

HAPPY NEW YEAR TO ALL IMSC LONGS!!!

[int10a]

No one's going to issue a PR this week. It is a dead week as far as wall street goes, in between Christmas and New Year. And show me a transcript where McGann said he expected the stock to be at $2 now. You can't because he never said that, and you don't know what he thought the stock price would be by now. Sure he thought it would be higher than the current price, but doubt he thought it would be $2 at this point.