Replies to post #3214 on Identa Corp (IDTA)

[urka]

Mike------If Yaacov contends that he is unaware of what is going on, then I believe that he could easily uncover the mystery. Does he not have access to Identa's stock transaction ledger?

[ChartTrader]

It's economics 101 - The Law of Supply and Demand.

In this case there is too much supply.

The price has been going down since Oct. 2005 and is still in a downtrend.

Since that time 934 million shares have traded which is almost double the float that is on pinksheets and what Yaaacov said in the CC.

My question to him would be, and as I asked him during the CC, "where are these shares coming from".

Either from disgruntled shareholders, toxic financing, management, the company, short sellers? Remember, we are talking about twice the float!!!

And remember all this selling has been into good/great news.

IMHO, any CEO worth his salt, can find out or should find out and does know exactly where all shares are. I've been there. Done that.

As I've said before, the price is not going UP until the seller(s) have been dealt with.

and that is a management issue.

so, in summary, Yaacov, let's get with the program.

[urka]

Mike---If Yaacov contends that "we the insiders including Alliance we are not active in the sale side", then he has a fiduciary duty to the shareholders, by virtue of such voluntarily-given assertions, to deal fairly with the shareholders and to inform just who is active in the sale side. If he were to claim that he does not know, then he is obligated to so determine to the extent of the authority resident in his position as President.