Believing this could be a real business, I think it might be a good buy.
Obviously every police department and every security company badly needs this technology. Personally I would start with the Coast Guard and also Grants.Gov and I could make hundreds of millions of dollars even if I was a total failure and was never able to actually produce the working product...
But what I really wanted to address was the fact that the company just made about 1.3 million dollars or more diluting an additional 20,000,000 or more shares. Not too much by far but then again one has to wonder as to the logic behind such a move. Since I am gullible I often wonder if the company has lawyers doing this to them and they have no clue about it at all....
One of the main reasons might be to avoid too high a share price and thus too much attention...
I wish they would pay more attention to excessive share releases and less attention to share prices above a certain level... then again I suppose they are bankers and kind of rank "Bank Robbery" as a low-class career....
A good exercise, like with "stem cell" stocks, is to find other stocks that do exactly the same job...I guess there may be several public companies that are dedicated to exactly this job and most certainly sport a three-figure stock price....
