Identifying Criteria for P2DI Opportunities
1. The Stock has to trade reasonable volume daily - relative to its average
The stock is trading roughly 20% of its outstanding float and is picking up
2. Increasing revenue stream or better yet profitability.
Revenues can only go up once the retail programs are started - like the one announced with CVS to start
3. A strong product base with expansion potential - consumables a big plus
Product base consists of both consumer products and professional medical devices, all serving individual multi-billion dollar markets, nature of technology allows for expansion into many other areas of healthcare such as rolling medical carts X-Ray machines, portable professional EMS field products etc.....
4. Under 200m O/S - The Revenues/Earnings generated should be taken into account.
Only 1.4 million shares outstanding
5. Insiders have to own shares
Insiders own about 80% of all stock, no selling For 4's - only buying, no Form 144's, etc.......
6. No dilution to line pockets - must be accretive)
Only dilution in the form of about $300K in convertible notes that company intends on announcing a plan to retire by end of year -
7. Previous history of success is important
Management team started the consumer biometrics market in 2005, atttacted and partnered with MasterLock, Honeywell, SentrySafe, QuickSet, Overhead Door Company, and sold 10's of thousand of products through retail partnerships with The Home Depot, Lowes, Sears, Brookstone, COSTCO with contracts and sales 1st year of $14M
8. A Prime mover behind it or strong potential for buyout
Strong potential for buy out - you decide
