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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 noelstrifeon Dec 04, 2018 5:41pm
66 Views
Post# 29064443

The reason this stock has low valuation:

The reason this stock has low valuation:has nothing to do with the companies decreasing debts or the fact it is slowly inching toward profitablilty but it has everything to do with the fact they cannot RETAIN their earnings and liabilities. For instance: 

5 year trend

2013 retained earnings: - 9.95M
2014 retained earnings: - 9.53M
2015 retained earnings: - 9.67M
2016 retained earnings: - 9.17M
2017 retained earnings: - 11.05M


Since 2017 retained earnings looks worse.. (will have figure soon) 

So this is why this stock has such a low market cap and sits at current sp. Only reason this went up to begin with was because of the crypto hype. Lots of pumpers on this board creating more bagholders to hold their flag, but do a little DD and you'll see that this company is worth no more than .12 cents. 

bye 4 now
Bullboard Posts