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Wednesday, February 10, 2010 8:31:45 PM
This company's performance is subject of great speculation. You're absolutely correct, I haven't seen any shred of outside verified info substantiating any of the press releases (not in terms of sales, units, relationships).
I tried to find out about the contest or competition sponsored by DOD. All I could find was a contest for a specific engineering project and I think that dated to 2008. Nothing on explosives detectors.
The company intrigues me and I see the potential for a good, inexpensive product and will continue to hold my shares for awhile longer. Your points about government contracting are appreciated.
Long story short, most of what I've read so far is almost pure speculation. Only time will tell with this company. And my timeline is very short. The last PR was more informative, but you're spot on in pointing out the company can PR us to death, it's verifiable facts that count.
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