One would be looking pretty smart if they bought this security at .25 or less. With 10 million in the float it could still move. I'm thinking that the stock is artificially supressed by the MM action over the past couple months and could shoot up to the 1 to 2 buck range in a hurry. Just my thoughts and do not listen to me.
TA and FG have both come away from SEVU in the recent past with comments that the industrial /commercial application for Secureview could be big. IMO, there will be a huge demand for mobile security cameras in factories, wharehouses, stores, and parking lots.
It is very cost prohibitive to set up a security system in a parking lot using conventional wiring and cameras. It is not the cameras that cost a lot but the wiring. A store or shopping mall would have to tear up the blacktop or concrete to lay the wiring down into the ground in most circumstances due to city commercial codes. That is why they are not in every shopping parking lot across the country. The cost does not justify the benefit which is a hard to define saftey issue. You can bet that if one big retailer buys a system the rest will follow suit as no one wants to be labeled as not caring for the saftey of the customer. Even if wiring above ground is allowed in some circumstances, it would still be more cost effective to buy a Secureview system, IMO. Heck, all they would have to do is drill a hole into the metal pole to get to the wiring, splice the wiring, attach the wiring to the Secureview camera, and latch the camera onto the pole. You could outfit a Walmart parking lot in a day. Just how long do you think it would take to run all those seperate wires for each camera in the parking lot? A long time for sure and very expensive.
I see SEVU selling Secureview in massive quantity to the business world. I also smell huge profit margins for each job, but I'll save this for another day.
