IDTA is unchanged today. In the past 6 months, IDTA is in a trading range with an average daily volume of 1.71 million shares. IDTA is an illiquid penny stock, may not be suitable for frequent trading. Recently it was going up. Now Tradetrek thinks IDTA is oversold. IDTA has a Market Beta of 3.20. Each 100 shares of IDTA has a Value-At-Risk (VAR) of $0.
IDTA Identa Corp (OTHER OTC) 2/8/2005 12:00:00 AM ET
Realtime Quote $0.00 UNCH UNCH Refresh Quote
Press Release for Identa Corp
Mexico -- Yet Another Link in Identa's Chain of Success 1/24/2005 1:29:39 PM JERUSALEM, Jan 24, 2005 (PRIMEZONE via COMTEX) -- Identa Corp. (Pink Sheets:IDTA) is happy to announce that Auto Line S.A. de C.V. DagStar de Mexico, a Mexico company, will represent Identa in the Mexico police market. The contractual relationship with the Mexican company began about 7 months ago.
During this time the Mexican federal police have tested Identa products.
The tests have proven very successful, and Mr. Miguel Schapiro, the CEO and owner of the Mexican company, Auto Line S.A. de C.V.DagStar de Mexico, informed Identa, today, Monday, January 24, 2005 that Mr. Aguilar the forensic director, decided to start to use Identa kits in a short time.
Mr. Aquilar also informed Mr. Schapiro that the purchasing orders will be issued before March 2005.
Identa Corp. develops, manufactures, and distributes proprietary on-site drugs-of-abuse testing products (chemical kit) for the professional and civil markets. The Company's products include rapid test kits (substance only) for the detection of Marijuana/Hashish, Ecstasy, Cocaine/Crack, and Heroin.
Posts: 3727 | Registered: Jul 2004
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This is one of my favorites.......I loved the last two runs.... Was waiting for it to drop to .0025 as a buy in but.....Took it now.... I'm ready!
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run... Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004
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up 14 %......Lookin' good.....gonna close at the HOD today.... Sunny, thanks for the DD and the heads up....
I liked this part.....
"During this time the Mexican federal police have tested Identa products.
The tests have proven very successful, and Mr. Miguel Schapiro, the CEO and owner of the Mexican company, Auto Line S.A. de C.V.DagStar de Mexico, informed Identa, today, Monday, January 24, 2005 that Mr. Aguilar the forensic director, decided to start to use Identa kits in a short time. "
Sweet....
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run... Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004
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I've been in since .0018. Now on free parking! Let it rip!
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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A little old but, a great read....AND WE'RE OFF!!
check this from IDTA board on OTHER BOARD !
By: teo_olsen 26 Jan 2005, 12:26 PM EST Msg. 11944 of 11944 (This msg. is a reply to 11942 by anthonyb93.) Jump to msg. # My 2 cents ,
I'm doing DD on IDTA for almost a year now ! as you all understand the company debt is very small ! O/S and A/S is 2B shares (the float is around 400-500M IMHO) ! Market Cap is 3.6M $ according today PPS! According "that" article on the israeli site 2004 sales is almost 1M $ ! (check my previous posts from 2 or 3 months ago, I dont know is that resource is very reliable so take it FWIW).
Check the previous PR's since early 2003 ! The company have a lot of connections all over the world - Greece, Brazil, Romania, Germany, Italy, Austria, Switzerland, Chile, USA, Israel ,Australia, Ecuador, New Zealand and many others ( check the PR's).
according March 2004 PR ( http://biz.ya hoo . com/pz/040302/53531.html) "Identa recently received the first purchase order from the Romanian Ministry of the Interior for about $50,000. It should be noted that this is the first in a series of orders promised for 2004."
You can guess that just Romania purchased 150000 $ at 2004!
PR stated that the major police departments NYPD and LAPD evaluating the products - they didnt ordered yet - This could be very interesting when they start to order !
IMHO profit margin could be at least 30% - I'm guessing that manufacturing costs per unit is less than 1 $, the retails pays at least 4 $ per unit ( although polices and customs pays for other kits it is the same ratio IMO ).
Other Expenses 250000 $ * ---------------------------------------------- Operating Income 350000 $
Interest, tax and the other staff 100000 $ * ---------------------------------------------- Net Income 250000 $
* my guesses based on 2002 Income Statement adding rational growth .
so Profit Margin is 250000/800000 = ~ 31%
EPS (earning per share) will be 250000/2B shares = 0.000125
and P/E ratio ( price / EPS ) will be 0.0018/0.000125 = ~ 14.5
This is far undervalued in any term ! This is ridiculous, even GE and Wal-Mart P/E is around 24 , other startup and tech companies P/E ratio is more than 50 ( check YHOO, AMZN , EBAY , LEXR and others )
Conclusion:
Based on previous PR's and a lot of estimates, guesses and reasonable speculations I build the above estimated income statement.
lets take 50 as "reasonable" P/E ratio for IDTA ( based on other tech and other "developing companies" ( like ebay, amazon etc.. ) LOL ...
Yes IDTA share worth at least 0.00625 IMHO (on 800K sales )!
IMHO sales will be much more than 800K in 2005 based on previous PR's ( Romania 100-200K, Germany 200-300K and etc..) so IDTA will be back in the pennies !
IMHO the PPS will bounce very soon, when investors will realize that and the MM too!
I will appreciate your thoughts and comments, Teo
BTW I dont think IDTA going to be listed in the near future (this is very expensive processes ) maybe in 2 years, after we grow a little !
Disclaimer: All of the above are my opinions and speculations so take it FWIW, This isn't in any way a recommendation to buy/sell or hold any stock ! Do your own DD and ask your broker for advice !
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run... Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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Going up.......Get it now!!!! I thought I was the only one here....Got it at .0018 myself Will, sold some and back in....I love this stock.....LOL Whew! Thought I was the only one left seeing this.. Get in at the bottom of this candle......NOW IS THE TIME!!!!! BEFORE THE RUN!!!!!!
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run... Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004
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This was weird this morning before the open. Ask went from .0028, to .003, to .004, to .0035, back to .0028. Still can't figure what that was all about ???
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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I don't know if it worth the chase, I only know, can't get mine at .0035.
quote:Originally posted by striper: had a order in at .0031 and never filled now it's at .0035 is it worth the chase?
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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quote:Originally posted by lilpennypincher: The run started just an hour ago WIll......But, make your own decisions......
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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Love it when they have to move that bid..they been real stubborn about doing that with this one. That .0034 was a hard nut to crack, glad to see it in the rearview mirror.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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