The shares of ITLI – Intelligentias, Inc. moved up sharply today – Up 20.59% or Up $0.21 on very high volume. Today, 285,200 shares were traded.
Today’s price surge, comes on the heels of breaking news late last week. A Bill was introducted into the US House for consideration. Named “The Safety Act”, the Bill is similar in nature to a Directive passed by the European Union Parliament last year.
The Bills call for an increased record keeping requirement on the part of ISP’s and Telco’s. Specifically, we are talking about traffic data records, which can become critical for law enforcement in intercepting terrorists, and other criminal activity.
The proposed legislation in the US, and the enacted legislation in Europe will provide business opportunities for firms such at Retentia, Inc., a unit of ITLI. Retentia currently has available a robust Product Suite to provide full legal compliance with these Bills.
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