Identillect Technologies Corp V.ID

Technology Software - Infrastructure

Identillect Technologies Corp. operates through its wholly owned subsidiary, Identillect Technologies Inc. is a software development company that has developed an email encryption software solution. Its activities include research, design, and development of an email encryption solution for use by business and individuals in their day-to-day communication. Its software Delivery Trust is a proprietary email encryption technology targets organizations of all sizes, as well as individuals medical professionals, insurance companies, accountants, lawyers, real estate agents, and educators on a monthly subscription basis. Delivery Trust can be accessed by professionals on a range of electronic communication devices. Delivery Trust integrates multi-factor authentication (MFA) for account login as well as recipient verification. MFA combines two or more independent credentials: what the user knows (password), what the user possesses (token) or what the user is like (biometric verification).

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Identillect Technologies Corp

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Comment by GreenReturns1on Dec 06, 2017 11:50am

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Post# 27101456

RE:RE:Only one explanation for this trading

I would be suprised if financing was in the cards again this early.

This movement is just based on a face metling run over the last 10-15 trading days.. it's healthy for the stock to consolidate within this range.

We've already agreed that the company has enough cash after the last PP to get through to Q3, 2018 at the current rate of cash-burn... and that's excluding the additional revenue being generated from the last 3 contracts.

Profitability is around the corner - based on the financials and the projected revenue between now and Spring, 2018 I don't think we will be faced with further dilution.

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