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GoldenEgg88

03/14/11 7:06 PM

#181273 RE: skyking4130 #181271

You have to understand that CSIdentity would be way to easy of an option. If it was them as the merging company they wouldn't be putting those kind of statements in the customer service calls until after the official merger is announced. Everyone needs to understand the bigger picture of things there could easily be multiple parties involved in this deal and CSI may only be a small aspect of it. Whether it is a large private company or a small private company we'll all find out soon and hope for the best. But i would put money on it that CS is not the merging company just My Opinion of course. GLTA and lets hope this runs.
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trader guy

03/14/11 9:52 PM

#181289 RE: skyking4130 #181271

That's the way I look at it. Guard Dog's client base is it's bread and butter. It's what Watson has been working to build; the sole purpose of all the tech upgrades and partnerships was to build that client base. If he has given it up to CSID he had better have gotten a damn good deal. Like CSID assuming all of GD's outstanding debt for starters.

Investcorp investors have $35M invested in CSID and what have they seen for a return so far? Nada. So what's the quickest way for them to see a return? Sell out to a larger suitor or go public. Going public through a reverse split with a reputable though small id theft prevention company they already have a partnership with and whose clients they already service makes the most sense cost wise and expediency wise, IMO.