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RichieBoy

09/11/11 6:51 AM

#15581 RE: mike302 #15580

That answer is up to the CEO

Only he can speak to the reasoning behind this move. The problem is that is extremely unlikely to happen. The era of email rumoring is over it's time for this BOD to fish or cut bait because another story time PR would be a guaranteed disaster.

If Identa cannot justify this increase adequately and comprehensively the company as a publicly traded asset is finished.

All this pump and dump does is underscore deep fundamental inadequacies with current management stratagem. 99% of us probably hoped for something much better for society as a whole. All I see is shareholder abuse. See it for what this is another pinksheet pump and dump, nothing more IMO.

Emily09

09/12/11 10:19 AM

#15583 RE: mike302 #15580

IMO I think the pumpers don't even care anymore, I think for the most part they're gone. Unless of course some really stunning news comes out and then they'll be like "told you so," but I doubt it, they've been wrong so many times, no one cares about them or this company anymore. Everyone knows Shoham is scamming people.

Like you said Mike, just a matter of time before this company collapses.