Also interesting, this was a response of mine to a poster on the NIZ board....
it says they increased the A/S to
500,000,000. So you are correct, they could dilute this thing if they want to. They had 125,000,000 shares o/s and did an r/s to get to 2,500,000. Thats not massive dilution. It seems to me that they have been making some pretty good acquisitions. All of their products which are the fire door retrofit kit, filters, CROSSLOGIX and now the ATMS are quite unique and would face little competition in my opinion.
Just to explain this latest product ATMS, THIS IS FROM THE PR DATED MAY 28TH 2003....
ARS's procurement of this new technology will establish an unparalleled opportunity for ARS to expand on the Automated Transportation Management System (ATMS) technology existing unit sales and reoccurring revenues. This innovative technology is new to the market and already has major customers lining up to subscribe.
Sydney Harland, President and Chief Executive Officer of ARS, stated, " The Timing could not be better to embark on this new technology. ARS is excited to offer an affordable wireless technology solution for tracking freight trailer movements along America's highways and railways. The Integration of our new ATMS technology with our Crosslogix technology will move the Company forward to the completion of Crosslogix. We are confident that ARS will achieve substantial revenue for the company and its investors with our acquisition."
ARS's ATMS technology operates on the NBPCS Two-Way paging network using proprietary protocols and algorithms to achieve up to 90% compression of transmitted data, the device maintains the lowest wireless cost possible while delivering near real time data transmission performance. Trimble the leading innovator of Global Positioning System (GPS) provides GPS functionality to the system with the latest OEM integration available. www.arsnetworks.com
