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Re: Jcrulzhere post# 169

Friday, 07/30/2010 5:11:56 PM

Friday, July 30, 2010 5:11:56 PM

Post# of 197
The Livermore release was real good news, even if it was rather timid. I'd guess that the GOVT's lawyers limited what could be said becasue of national security concerns.

The most pertinent part of the most recent press release
http://www.vlyf.com/about/press-releases/000053/

is: "Orders to date for 2010 exceed $12,700,000. The cash generated by these sales provides the capital for the company to apply towards the commercialization of its ODIN and THOR-LVX next generation detection systems."

As I previously speculated, they are financing the development of their products internally. That is real good for us long term holders.

I expect to see more and bigger announcements in the next 1-2 months.

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