InvestorsHub Logo
Followers 16
Posts 1406
Boards Moderated 0
Alias Born 04/24/2012

Re: None

Friday, 07/18/2014 9:43:35 PM

Friday, July 18, 2014 9:43:35 PM

Post# of 32544
"the company is still making progress with its business plan. On March 28 they entered into an agreement with UTC Aerospace Systems to support a contract for the U.S. Department of Defense. The deal should be performed between April and September and with a total value of $841 thousand it is finally going to turn the company into a revenue generating entity. PSID have issued a revenue guidance of $4 to $10 million for 2014 and 2015 combined. Back in 2012 they were also able to enter into a license agreement with The Boeing Company."

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.