Replies to post #16460 on Identa Corp (IDTA)

[RichieBoy]

While Identa.biz continues to befuddle betwixt & between

identaglobal.com pops up unannounced to my knowledge? Seems I stumbled on it before but not in a PR to memory. Guess that's why marketing cost billions of shares...what a bargain.

[Johnnyvits]

From the 12/19/11 PR

The financial report for 2011 (still two weeks to go) will be released as soon we have the audited report after the beginning of 2012.
It will be released no later than the period requested by the stock market.

In 2010 IDenta has sold products (income) for a total of 466,017 Israel shekels.
(posters note: I believe that would be approx $126K US)

In 2011 (with two weeks remaining until the end of the year) IDenta has already sold products for a total of 775,235 Israeli shekels, a 66% increase from the previous year.

Result: TBD

[Johnnyvits]

Fuzzy Math Check

So if we are now told that the first 2 months of sales revenue in 2012 ($180,750) equals 90% of all the the revenue received in 2011, than sales for 2011 were $162,675.

$180,750 x .90 = $162,675

This differs from what we ( or I) previously estimated 2011 sales to be at $206,000.(IMO) We were previously told that 2011 sales exceeded 2010 sales by 66%, which I believe we were told or guesstimated to be about $125,000 in sales for 2010.

$125,000 x 1.66 = $207,500

So which is correct ?

If we were given actual sales results by year instead of this scavenger hunt stuff, we would know. (IMO)

On the bright side, if sales continue to keep pace at the present rate, IDTA should make over $1 million this year.

$180,750 / 2 months x 12 months = $1,084,500

Things are looking better this year, provided the momentum keeps up, and we are receiving good information. IMO

Vits