Ocean Power Technologies Inc (OPTT)

[ash111]

OPTT special alert.the FY 2016 US Navy budget for the Department is $161.0 billion. The US navy banking on OPPT, a $18m cap Co. beside today's J.V w/HAI leading provider to the US Navy,OPTT also contracted to design sensor buoys for US Navy http://navaltoday.com/2016/09/15/ocean-power-technologies-gets-contract-to-design-sensor-buoys-for-us-navy/

no need to raise cash till at least Jan. 2018 per co.. solid news while PPS near 52.wk.low (Above $13 a year ago) and Balance sheet more solid, cash doubled. Looks like safe holding while trading near Cash on hand and these solid Developments.

http://www.secnav.navy.mil/fmc/fmb/Documents/16pres/Highlights_book.pdf

J.V w/ HAI. "HAI is the leading provider to the US Navy" http://www.hydroacousticsinc.com/index.html

http://stockcharts.com/h-sc/ui?s=optt