Oh I didn't miss that trust me LOL!
Many times we have been given preliminary numbers India, Germany eg. then the line goes dead.
Question let's say the plant in India DOES come to fruition, only natural right? Well they chose India because? One poster mentioned labour expenses would be less, absolutely. Also as we're told, Identa is actively procuring significant contracts there.
Well hunky dory so why not use this most perfect opportunity to at least update shareholders on a most anticipated event, namely contract progress in India where we were just informed will be a new plant. Is it because there is no progress? Sadly doesn't matter now because the market already factored that shortfall in.
It could have been as simple as Identa continues to make strides in India's contract negotiations. What was given, NADA. It's called keeping the home fires burning, not burning shareholders! Unbelievable how Identa management consistently fail miserably at rekindling shareholder's faith.
EXACTLY Identa's achilles heel, IDTA is perpetually UNBELIEVABLE. That, after six straight years of SNAFU's is no mistake. Simply not possible sir.
Rich.
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