Replies to post #10017 on Secure Point Technologies Inc (fka IMSCQ)

[zamochit]

Yeah, its just going to take some patience. I am glad I dabbled a bit with penny stocks to stop watching the price every 5 minutes; up >400% on NTEK, so not in too much of a loss at this price.

[Giovanni]

Way to many shares out, not to mention tax loss selling as everybody who bought it since July on 2012 is a loser.
Fiddy cents is what I see.

Gio

[fred500]

I agree Andy. I guess some of us have a longer time frame and more patience than others, which is fine. For me I think the company has made great strides since even early January 2010, when all they had was the QS-H150 and NO certifications/approvals. The sales trend is on the increase, and it is unfortunate the $3.5 million order got delayed and didn't book any revenue last quarter, but it will book that revenue in future quarters. I think sales to shippers will increase as the end of the year nears, and also there was a strong hint about an order related to STAC in negotiation and being closed before year end. They also seemed to be pretty confident about passenger cert and of course we all know how difficult it is to estimate timelines with the TSA.

That's my opinion on it, and I get that others may not share it. For me I still feel confident in my investment, but it is an individual decision for each to make as to how they view the company's future prospects.