Replies to post #42540 on Secure Point Technologies Inc (fka IMSCQ)

[int10a]

Not only that, but revenues were 4X the previous year's revenues. Losses while high, were half the previous year's. And they exceeded their revenue projections for the year. There has to be legal fees in the last quarter associated with the possible sale of the company.

[poker face]

Yes it was. And I don't know about you, but I strongly believe the erosion in prices per unit has nothing to do with market forces driving the prices down. I think it is a orchestrated effort by the competition to drive us out of business and garner everything for themselves. They could not do that by making a much superior product so they chose to drive the price so low on their competitive bids, forcing us to play that game and effecting our bottom line. For sure they know what our interest expense is and the effect it has on our ability to carry on .

You watch, as soon as someone,with no debt constrictions, buys us out ....the price per product will dramatically rise.It will no longer serve them to play this game.