(Oct 3, 2008) VeriChip Corporation, the company known as the creator of the first implantable microchip identification device which people have implanted in their hands or arms in order to identify them wherever they go, has been targeted by a national privacy watchdog organization with hopes of putting them out of business.

"VeriChip's stock is down to less than fifty cents a share. A year ago it was over nine dollars, and hopefully in a few months it will be worth less than toilet paper," explains Mark Dice, spokesperson for The Resistance, a privacy watchdog group based in San Diego.

Dice is hoping to push the company into bankruptcy by exposing the dangers and invasions of privacy that using such technology entails. He is calling for a nation-wide boycott of the device that consists of a tiny computer chip, which is implanted into people's bodies. The VeriChip is currently being used at bars and businesses to identify customers and employees, and many fear they will become mandatory in many sectors of society.