Replies to post #37366 on Secure Point Technologies Inc (fka IMSCQ)

[kidneybeans]

How much is due by end of June?

[Buzzlityr]

Cat and Mouse but who is the cat? So L3 says they will bolt on an acquisition for 300M to have a competitor bid 350M so the final L3 bid is 375M.

The key verbiage that has remained un-parsed is: we (l3) are going to be very cost conscious with our purchases. Meaning, whatever we pay will be a good price for real value.

We could easily see the deadline slide to July to accommodate a Canadian award to ISC- that PR would be on the top of the stack but packaged in with TSA, other EURO sales PRs that when the owners of L3 review the purchase they will instantly understand the value in current sales contracts/orders and that magic "accretive" word that gets pasted on to the deal.

I still think end of month is the time. But nobody knows anything for sure about ISC because that is the way everybody wants it. And it keeps strategic interference out of the SP movements.