PharmChem Laboratories Inc (PCHM)

[yakyakyak]

Could a buyout of PCHM be on TRCK's shopping list after TRCK announced today they doubled their authorized shares?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102986005

The Track Group (formerly Secure Alert, ticker SCRA) makes tamper resistant ankle straps so offenders could be tracked and monitored electronically combining GPS technologies. The solutions are used by law enforcement agencies.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11111390

"This increase will enable us to respond quickly to opportunities to raise capital in public or private offerings, as well as enable our Board of Directors to act with flexibility to issue shares of Common Stock in connection with, strategic acquisitions ...."


TRCK trades at 2.8 times sales.

PCHM trades at .7 times sales (est 2015)