| Date | Analyst | Company | Last | Target | Call | Valuation |
| 02/14/17 | DMG & Partners | IPS Securex | 0.155 | 0.34 | Buy | DCF, PER13x FY18 |
| 09/11/17 | DMG & Partners | IPS Securex | 0.082 | 0.09 | Neutral | DCF |
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