Replies to post #5488 on Value Microcaps Zip Code Changers

[10 bagger]

ITSI.. Sure I did and I think it's a huge deal if not a new company maker for ITSI,, But because ITSI has been dormant so long there is a strong possibility that we will see stock starting to appear at this level.. Those that buy will prob, be ok in the long run but once this news is bought on by the few that follow ITSI a more normal trading pattern will appear.. If the volume slows the bias will be to supply ,, rather than the bid.. That is unless someone that is a big player gets aboard and creates a fire wall bid that asorbs all.. This story has the ability to attract such a buyer but will he step up.. I have been making a two sided market in ITSI for over 6 Mo's now and it until today seemed to need an appointment to trade.. hank

[zenvesting]

ITSI.ob: Here's more of the back story that I've been watching evolve over the past couple of months (news from Peuto Rican press....translations from Google Chrome):

http://www.primerahora.com/elppdacusaacontydeamanarvotoelectronico-577419.html

The DPP accuses of rigging electronic voting Conty

The EEC has $ 27 million available for the project of electronic scrutiny. (Archive)

Thursday, November 10, 2011
Maritza Diaz Alcaide / First Time

Approving the electronic ballot voting for the president of the State Election Commission, Hector Conty, but the Popular Party is opposed to it, because it understands that there is enough time to prove that the system works.

The PPD also thundered against Conty.

Eder popular Senators Ortiz and Jorge Suarez said the president of the EEC is "fudging" the process because it seems to favor one of the companies that own EEC and dismissed as bidders for the project.

Companies interested in the electronic count is Dominion-Voting, Hart InterCivic, Smarmatic International Holding BV and Unisyn Voting Solution.

Unisyn Voting Solution, according to Ortiz, "curiously presented a proposal for $ 26,593,000 million."

The EEC has $ 27 million available for the transaction, but it is assumed that none of the companies knew that information.

"In this company we will take the eye. How to get to that number, do not know, "said Suarez, who explained that the Legislature approved $ 20 million electronic scrutiny and the remainder was obtained from federal funds and an item that comes from the General Fund.

Conty, in written statements, categorically denied that the introduction of electronic counting is carried out in an improvised way.

"Nothing is further from the truth," he said, while clarifying that the EEC has been working on the implementation of this project more than two years.

The president of the EEC confirmed to be renegotiated with the same companies previously disqualified.

According to the PPD, they were dismissed for not having the financial capacity to advance the project or not having the "ability to deal with such a complicated process."

The electronic screening project had the endorsement of election commissioners of the New Progressive Party and the Puerto Rican Independence Party.

Yesterday, Conty said electronic voting machines will be on the island in summer.

He also announced that they will be tested during the consultation status and Law Reform August. They could also take out other drivers.


Second article:
http://www.primerahora.com/levantasospechasenlegisladorespopularescontratoparaconteodevotoselectronicos-577245.html


Popular legislators raises suspicions contract for electronic vote counting
Wednesday, November 9, 2011
1:08 pm
Maritza Diaz Alcaide / First Time

Popular Senators Ortiz and Jorge Suarez Eder today accused the president of the State Election Commission (EC), Hector Conty, of trying to "fix" the selection of the company that carried out the electronic counting process of the election votes 2012, again calling on the same auction companies and disqualified by the Election Commission itself.

Ortiz and Suarez fear Conty favor one of these companies in particular.

Companies interested in the electronic count is Dominion-Voting, Hart InterCivic, Smarmatic International Holding BV and Unisyn Voting Solution.

Unisyn Voting Solution, Ortiz said, curiously presented a proposal for $ 26,593,000 million.
The EEC has $ 27 million available for that transaction, but it is assumed that firms do not know that was the maximum amount available to the Commission.

"In this company we will take the eye. How to get to that number does not know, "said Suarez, who explained that the Legislature approved $ 20 million for screening mail, and the rest was obtained from federal funds and an additional General Fund information is not supposed to be of the public domain.
The bids from other companies barely reached $ 13 million and $ 17 million.

"The hastily improvised and it has been decided to give way to electronic scrutiny, raises serious suspicions," he said Suarez.

The DPP questioned insist that electronic voting without first being given the opportunity to test how the counting system is selected.

For the primary and the electronic count is dismissed, and consultation on status would not be a good practice exercise, because this vote is simpler than a general election.

"Our party has supported the electronic ballot and until yesterday all agreements were unanimous," Eder said Ortiz, who announced that the PPD Conty asks to reconsider its decision to continue with the electronic counting process.
The Popular Party, he warned, could go to court to seek a final solution to the problem.

Third article:

http://www.primerahora.com/negociarancontratodeescrutinioelectronico-579532.html

Negotiation of electronic scrutiny
Tuesday, November 15, 2011
Maritza Diaz Alcaide / First Time

Despite the "thousand" objections Popular Democratic Party (PDP) president of the State Election Commission, Hector Conty (EEC) decided to make way for the selection of the company that will implement the electronic ballot in the elections of 2012.

The DPP had said that there was no time to implement the project even came to ask you to open the negotiation process to companies that did not participate in the original auction, but he rejected both arguments Conty.

In a resolution, the former judge held that the EEC "has to deal only with companies that tendered in the formal bid."

Conty said the Auction Rules dictates "that when he had received quotes will assess the possibilities for negotiation with the bidder who best meets the standards set." He added that the contract negotiated and signed in November and December, respectively, which in March was carried out tests to determine that the equipment conforms to the electoral law of the Island

Conty said that there will be two pilots, one in May and another in July.

Fourth article:


http://www.elnuevodia.com/anegociacionelconteoelectronico-1121528.html


A point of candy to choose a company that counting the votes

In December the company selected could be announced

For Yaritza Santiago Caraballo / [e-mail]

The State Commission on Elections (EEC) could announce in December the company that will be responsible for implementing the electronic voting system which will debut in the 2012 general election.

Hector Conty, president of the EEC, said that in the remainder of November will choose the company or companies with which the EEC negotiated and then select the winner.

This past Monday, Conty, election commissioners and the New Progressive Party of Puerto Rican Independence Party (PIP) and the bargaining representative of the Popular Democratic Party (PDP) met separately with the four companies interested in the contract of $ 27 million.

They answer questions about their economic, certifications and experience in electronic voting ballots.

These companies, Dominion Voting Systems, Unisyn Voting Solutions, Hart Intercivic-Matic Inc., Smart had been dismissed by the Board of Awards of the EEC because they did not meet the requirements, but the agency gave them the opportunity to compete again.

"At the meeting we asked questions to determine who we will negotiate," Conty said, adding that the EC requested further information from several different companies.

The PPD has objected to this process to understand that there is no time to implement the project. In fact, PDP Electoral Commissioner, Liza Garcia called for the negotiation process open to companies that did not participate in the original auction, but his application was unsuccessful.

"I voted against the continuation of electronic scrutiny. If these companies did not meet for auction why you can not see other companies. The answer is no time to do that, "Garcia said.

He added that one of his concerns is that the EEC does not have a security protocol to ensure the purity of the new system of scrutiny.

Garcia said that although the PPD does not favor this project, will participate in the process.

Roberto Aponte, PIP Electoral Commissioner, for his part said that Monday's meeting was productive.

"We could share information with the companies. It was a good exercise to make a determination soon. "

A fifth article here, sorry, lost the link:

December 21, 2011

Eder Ortiz complaint process in the EEC irregular on the electronic ballot
Eder Ortiz alleged "favoritism" in the draft electronic scrutiny


Ortiz said, according to reports from the EEC, the company has the required certifications Unisyn, but has no financial soundness. (The New Day / J. FERNANDEZ ISMAEL REYES)
For Yaritza Santiago Caraballo / [e-mail]

The State Election Commission (EC) considers granting Unisyn Voting System a $ 27 million to implement the system of scrutiny mail without the company have the financial ability or the necessary experience, denounced the appointed election commissioner Popular Democratic Party (PPD) , Eder Ortiz.

Unisyn A few months ago, Dominion Voting, Smartmatic and Hart Intercivic were dismissed by the Board of Awards of the EEC for not complying with the technical and financial resources to carry out the project of scrutiny.

Unisyn Ortiz said, according to reports from the EEC, is the only one that meets the certification requirements, but has no financial soundness.

However, the EEC gave the opportunity for these companies to compete again, which according to Ortiz raises a "red flag".

"The company Unisyn is being given greater participation and consideration. Unisyn is in the business of horse betting and lottery, has never worked an election, and has financial problems. Hiring an inexperienced company is irresponsible, "said Senator yet.

Further alleged that Unisyn is the most expensive of the four bidders, with a proposed $ 26.5 million.

Meanwhile, Hector Conty, president of the EEC, denied that the company have chosen to take the contract as still in the process of assessing and collecting information. "The process is not yet complete," he said.