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Identillect Technologies Corp V.ID

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).


TSXV:ID - Post by User

Post by GreenReturns1on May 07, 2018 5:39pm
99 Views
Post# 27993980

Radio Silence

Radio Silence

Hey guys, further to my last post I want to add that the lack of NRs could be a good sign?

It's not as if this company stopped making deals, or the resellers have stopped selling Delivery Trust. We have been tracking this company through a period of exponential growth and the product has gained a lot of attention in the last few months.

It's very likely something much larger is in the works, compared to the doctors offices and small businesses that have recently signed on. 

As was stated during the call, this is a real company, they aren't on vacation or waiting for the phone to ring. Deals like the First Majestic contract take a long time to sign, the longer in between contracts could mean that we are working with much larger organizations. 

Lots of "ifs" here and forward looking statements but again, it's a real company with strong leadership and an attractive business proposition considering the economic and political climate surrounding data security. The share structure is terrific too, so holding shares of ID is as safe as it gets on the Venture. It's just a matter of time.

I asked IR on Friday if there was any concern regarding companies like google and microsoft creating similar products (as was recently announced for gmail) I was advised that the fine print states that the encryption only works between gmail to gmail accounts and is not as sophisticated as Delivery Trust. These companies won't spend money protecting accounts outside of their own networks - consider how in the past you could buy a laptop and antivirus was an option - now it's rare that we even turn on a new computer without pre-loaded anti-virus software or without an activation code in-hand. Email encryption will evolve the same way and if we have even half of the success as Norton or Kapersky we will all be very pleased with our investments. 

This board seems quiet - but it is because I have ignored so many accounts - i don't see their replies either. I may be on a few ignore lists myself, but ultimately I'm hoping to get this board back to a place where the serious investors can share thoughts and ideas without all the noise. 

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