Replies to post #38056 on Secure Point Technologies Inc (fka IMSCQ)

[Imgoinhungry]

And bleeding money at every turn.

I'm just hoping an announcement is made where they indicate they are paying off a chunk of the debt and getting a better interest rate.

Could someone conceiveably give them an 6p million dollar loan at say 6 percent interest? Doesnt solve the debt issue buy makes it a hell of a lot more manageable. Like some one taking out a 10k loan to pay off 10k in credit card debt. But at 5% instead of 18%.

[islandchief]

They do not have to sell, but they have to meet their obligations, which are due today. To act as if IMSC controls their destiny is a mistake I think. The Board is toothless, DMRJ calls the shots. What is in their best interest is all one needs to know.