Intrusion Inc (INTZ) News

INTZ new 52 week low

INTZ new 52 week low

Wash trade robot has appeared

INTZ: effective March 25,2024 a one for 20 reverse split:

https://hedgefollow.com/upcoming-stock-splits.php

Rentry yesterday on new bottom

INTZ...HERE WE GO...60C BREAK TO 73C

INTZ...HEE WE GO..73C UP AHEAD

INTZ...BUILDING STEAM

Triple bottom formed. Will watch for breakout

Triple bottom formed. Will watch for breakout

Triple bottom formed. Will watch for breakout

Relax are kidding, this stock has been trading like a total piece of toxic trash, the scm bags used the news last week that they piggy backed on, as a tool to toxic unload as much as they could, and sincr get cut it in half, not until that BS ends, will it go any where but where it's currently stuck in a dead zone.

Relax

It's sell off total manipulation by the criminal machine manipulators.

Squeeze cmon

No offering time to skyrocket

uh-hum.

INTZ: SEC Charges Dallas Area Cybersecurity Company with Fraud
The Securities and Exchange Commission today filed a complaint against Intrusion Inc. ("Intrusion") for making false and misleading statements in 2020 and 2021, primarily through its former CEO, regarding the company's purported success in marketing a cybersecurity product, the terms of multiple contracts, and the background and experience of its former CEO. Intrusion has agreed to settle the SEC's charges.

The SEC's complaint alleges that from May 2020 through May 2021, Intrusion made materially false and misleading statements in press releases, earnings calls, interviews, and other public statements. As alleged in the complaint, Intrusion overstated its success in marketing Intrusion Shield, a new cybersecurity product, by falsely representing that most or nearly all beta-testing participants had converted to paying customers, when in fact less than half of such participants became paying customers. In addition, the SEC alleges that Intrusion misled investors about three customer relationships by omitting material information about the economic terms of one contract, prematurely claiming that a second contract had been executed, and falsely claiming that a third customer had signed a contract when it had not. Finally, the complaint alleges that Intrusion made misleading statements about the qualifications, experience, and accomplishments of its former CEO.

The SEC's complaint, filed in U.S. District Court for the Eastern District of Texas, charges Intrusion with violating the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 10b-5 thereunder and Section 17(a) of the Securities Act of 1933, and the current reporting and disclosure controls and procedures provisions of Section 13(a) of the Exchange Act and Rules 13a-11 and 13a-15(a) thereunder. The SEC seeks permanent injunctions against Intrusion. Without admitting or denying the SEC's allegations, Intrusion has agreed to settle the matter by consenting to the entry of a final judgment that addresses all charges and relief sought by the SEC. The settlement is subject to court approval.

The SEC's investigation was conducted by staff of the SEC's Fort Worth Regional Office, including Melvin Warren, and supervised by Nikolay V. Vydashenko and Eric R. Werner. The SEC's litigation is being conducted by Jason Rose and supervised by B. David Fraser. The investigation is ongoing.

https://www.sec.gov/litigation/litreleases/lr-25854

SEC Complaint:

https://www.sec.gov/files/litigation/complaints/2023/comp25854.pdf

INTZ new 52 week low

INTZ new 52 week low

INTZ new 52 week low

INTZ new 52 week low

INTZ new 52 week low

Try again in 2022

“4:17p ET 11/11/2021 - Benzinga
Intrusion Q3 EPS $(0.34) Misses $(0.25) Estimate, Sales $1.80M Miss $2.30M Estimate
Mentioned: INTZ
Intrusion (NASDAQ:INTZ) reported quarterly losses of $(0.34) per share which missed the analyst consensus estimate of $(0.25) by 36 percent. This is a 240 percent decrease over losses of $(0.10) per share from the same period last year. The company reported quarterly sales of $1.80 million which missed the analyst consensus estimate of $2.30 million by 21.74 percent. This is a 13.35 percent increase over sales of $1.59 million the same period last year.“

The market decided that the appointment of a new CEO negates the above numbers.

“ Revenues are expected to be $2.31 million, up 45.3% from the year-ago quarter.” Eps doesn’t matter on a stock down 95%, it’s sales for the turnaround, trading at 8 x (annual revenue/OS), all imo.

This officially a buy! INTZ is going to make a huge move soon

Held up well today

We get another green day and another round of huge short exempts this puppy is going to run

It was in defense of the stock- its all a pump and dump. Nothing more nothing less. Its about being on the right side.

See what tomorrow brings before we make that assumption

The entire market has become a P&D casino.

INTZ - Pump & Dump Warning

Nice little pop today. But it's quickly being pulled down.

Watching this one for a possible bounce. So much news today, hoping to see over night things calm down. Best to all here.

Why A Cybersecurity Expert Who Calls Intrusion And Its New Shield Product “Garbage” - $4 Price Target (INTZ)



Here are the summary points:



Intrusion (INTZ) hired a promotional CEO last year, launched a new product called Shield, and its stock has risen 800%+.
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.


Read the full report here

https://whitediamondresearch.com/research/why-we-agree-with-a-cybersecurity-expert-who-calls-intrusion-and-its-new-shield-product-garbage-4-price-target/

If there was ever a time for their software, it is now. Lets see more posts!
https://www.nytimes.com/2020/09/27/technology/2020-election-security-threats.html?action=click&module=Top%20Stories&pgtype=Homepage

What an embarrassing call

OMG! Really? Who in their right mind is buying this here? Wait until next Quarter when they Miss their numbers by 90% LOOK OUT BELOW!! I need to Short this because it's going back Below $1.00 Dollar!! IMO

Wow! They MISSED their Numbers! What a shock! Just wait for the next Quarter when they Miss 90% Just like the rest of the Pandemic world!! Why anyone trying to support this is beyond any Normal Thinking! You know what they say; " This is a good buy here!" Yeah Good bye car, Good Bye House, Good bye to everything if you Buy this pig!! IMO

ANY NEWS THAT COMES OUT AT ALL ESPECIALLY IF POSITVE IS A TREMANDOUS OPPORTUNITY TO SELL SELL SELL!!!!

I cant Believe with Everyone owning Millions of Shares, Hoping & Praying for it to go Higher! With No new $$ Money for contracts in this Pandemic Complete Shutdown! I bet if you try to sell more than 10,000 shares this will be right back to $1.00 No real buying just the Market Maker trying to keep it afloat!! Too Bad It's not Shortable for the Public unless You do it Illegally naked shorting! I sell the Crap out of it right Now! Plus coming into so many People who Bought under $1.00 Why wouldn't you SELL!! Very Lucky to take Profits Here1 IMO

Not a SINGLE contract at all ANYWHERE!!! Plenty of debt and PLENTY of shares to be had.
Enjoy the losses, or enjoy the imaginary poop paper you have piled up buying this worthless INTZ paper

Intrusion Inc. Reports Net Income of $1.5 Million and Revenue of $3.9 Million in the Third Quarter of 2019
Press Release | 11/11/2019
RICHARDSON, Texas, Nov. 11, 2019 (GLOBE NEWSWIRE) -- Intrusion Inc. (OTCQB: INTZ), (“Intrusion”) announced today financial results for the three and nine months ended September 30, 2019.

Intrusion’s net income was $1.5 million in the third quarter 2019 compared to a net income of $0.62 million in the third quarter 2018.

Intrusion’s revenue for the third quarter 2019 was $3.9 million compared to $2.7 million in the third quarter 2018.

Gross profit was $2.4 million or 62 percent of revenue in the third quarter of 2019 compared to $1.7 million or 64 percent of revenue in the third quarter 2018.

Intrusion’s third quarter 2019 operating expenses were $0.9 million compared to $1.0 million for the third quarter 2018.

As of September 30, 2019, Intrusion reported cash and cash equivalents of $2.1 million and working capital of $2.9 million.

Intrusion’s management will host its regularly scheduled quarterly conference call to discuss the Company’s financial and operational progress at 4:00 P.M., CST today. Interested investors can access the call at 1-877-258-4925 (if outside the United States, 1-973-500-2152). For those unable to participate in the live conference call, a replay will be accessible beginning today at 7:00 P.M., CST until November 18, 2019 by calling 1-855-859-2056 (if outside the United States, 1-404-537-3406). At the replay prompt, enter conference identification number 2177277. Additionally, a live and archived audio webcast of the conference call will be available at www.intrusion.com.

About Intrusion Inc.

Intrusion Inc. is a global provider of entity identification, high speed data mining, cybercrime and advanced persistent threat detection products. Intrusion’s product families include TraceCop™ for identity discovery and disclosure, and Savant™ for network data mining and advanced persistent threat detection. Intrusion’s products help protect critical information assets by quickly detecting, protecting, analyzing and reporting attacks or misuse of classified, private and regulated information for government and enterprise networks. For more information, please visit www.intrusion.com.

This release may contain certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties. Such statements include, without limitations, statements regarding future revenue growth and profitability, the difficulties in forecasting future sales caused by current economic and market conditions, the difficulties in producing timely renewals of contracts, the effects of sales and implementation cycles for our products on our quarterly results, and difficulties in accurately estimating market growth, the effect of military actions on government and corporate spending on information security products, spending patterns of, and appropriations to, U.S. government departments, as well as other statements. These statements are made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements. The factors that could cause actual results to differ materially from expectations are detailed in the Company's most recent reports on Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.”

Financial Contact
Michael L. Paxton
972.301.3658, mpaxton@intrusion.com

checked

Very Easily Everyone owns Millions of Shares, Hoping & Praying for it to go Higher but if you try to sell more than 10,000 shares this will be right back to $1.00 No real buying just the Market Maker trying to keep it afloat!! Too Bad It's not Shortable for the Public unless You do it Illegally naked shorting! I sell the Crap out of it right Now! Plus coming into year end People who Bought under $1.00 Why wouldn't you SELL!! Very Lucky to take Profits!!

how can this co lose steam

Weekly Fib/50% = $1.60.

Yep next level. New 52 week high :)

Looks to be going higher here! Hello? Anyone?