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Why A Cybersecurity Expert Who Calls Intrusion And Its New Shield Product “Garbage” - $4 Price Target (INTZ)
Here are the summary points:
Shield has no patents, certifications, or insurance, which are all essential for a new cybersecurity product.
Shield is based on open-source data already available to the public.
The datasheets and white papers on INTZ’s website don’t show details on what their products do, they just have empty buzzwords.
The companies that took part in Shield’s beta test case study are associated parties.
INTZ’s new chairman of the board, Tony LeVecchio, was also the chairman of the board for UniPixel (UNXLQ), which was a touch screen technology pump and dump scam that went bankrupt and faced SEC charges.
INTZ’s own investor relations rep said the former CFO, who was with the company for 34 years, resigned because he’s “scared to death”.
The Paxton family sold hundreds of thousands of INTZ at $8 apiece in October of last year, and are continually selling shares today, with millions more shares to go.
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