In years past, they appeared to balls up nearly every opportunity, effectively running a promising company into the ground. The piece de resistance last year was suddenly running out of money despite successfully flogging off the legacy Cipherpoint CP software for a tidy sum) then raising at a disgracefully low price to keep the lights on.
Only reason to be back invested is the departure of old CEO, board shake up and the acquisition of Excite IT.
New CEO has big skin in the game from the sale of his business- part payment for Excite being in CPT shares ($1 million worth at $0.01 issue price).
In years past, they appeared to balls up nearly every...
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