Valley Forge Composite Technologies, Inc.(fka VLYFQ)

[John83134]

Here's the kicker for me:

“…Valley Forge Composites Technology, Inc., an accelerator-based device to detect hidden explosives in luggage and cargo. The explosives-detection system is based on a small-scale electron accelerator developed by Lebedev. The potential market for this technology is huge; the U.S. market demand alone is approximately $2 billion per year for hardware and $2.5 billion for maintenance and support services.”

Lawrence Livermore National Laboratories
2005 Annual Report

I really like the "huge" part from a bunch of PhD nuclear physicists. I wonder how "huge" huge would be in 2011 dollars?

I think I have a reference from 2002 somewhere. In any case, Livermore is the driver and while they have been quiet since that 2005 statement they've all been working on bringing this technology to market for quite some time. Given VLYF's recent press statements, they are now close and I believe an announcement is imminent.

Since you are in the area, can you go to their annual shareholder's meeting, whenever, and give us a first hand report on this rather secretive company?