Ipsidy Inc (OTCMKTS:IDTY) CEO Philip D. Beck bought 500,000 shares of the company’s stock in a transaction on Thursday, November 29th. The stock was bought at an average cost of $0.11 per share, with a total value of $55,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Shares of Ipsidy stock opened at $0.11 on Friday. Ipsidy Inc has a 12-month low of $0.08 and a 12-month high of $0.37.
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Ipsidy Inc develops secure biometric identity management and electronic transaction solutions for government and public sector organizations in the United States, South Africa, and internationally. The company offers identity management solutions, which include multi-modal and biometric matching software comprising front-end application software for desktop fingerprint capture and image processing, as well as a back-end fingerprint matching software solution; multi-factor authentication platform, which is designed to provide the private and public sector a secure and convenient application for universal identity verification and transaction authentication before or as part of various types of electronic transactions; VERIFIED that allows an enterprise to enroll customers using the Ipsidy portal without any integration; ACCESS, which offers an immediate solution for biometric authentication of individuals seeking entry into a building or controlled area using Bluetooth beacons to trigger the identity event; and secure plastic identity credentials and loyalty card products.
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