Coda Octopus Group Inc (CODA)

[megazoo]

US military defense is increasing. I have witnessed two microcap companies become multi billion dollar companies in mkt cap in as little as three years.

Both were companies that had A product the military really wanted. Just one product. When they want it, they will go out of their way, and their budget.

Ceradyne was a microcap before Iraq War. The military started buying their Kevlar vest, and in a few years it turned into almost billion dollar valuation.

Same thing with flir night vision camera.

Don't know how much USM likes echoscope. But if they like it as much as the other two, this is extremely cheap now.

Another positive when investing in defense stocks is that the downside will be much less when the market corrects.