Pennstreet:
I do not care if ESNR is on the pinks, blues or yellows. You conveniently ignore how ESNR compares to CDEX, where it matters the most.
First, you fail to take into account the shares outstanding re each company.
ESNR-Outstanding Shares- Shares Outstanding: 161.92M (source: Yahoo finance)
CEXI-Outstanding Shares- 65.24M (source: Yahoo finance)
Adjusting for the difference in shares outstanding, ESNR closed today at 3.9 cents by 4.5 cents-a CDEX equivalent of app. 10 cents by 12 cents!!!!!!!!!!!!!!!!!!!!!!!!!!!
Next, you cite some crapola from 1999 regarding ESNR and strangely (actually not so strangely) fail to recognize ESNR's last 3 PR's in the last 4 months, each of which exceed in accomplishment that of any CDEX PR. In case your memory has failed you, here they are:
PR #1:
Macedonia Purchases Six ZNOSE Model 4500 Portable Instruments
EmailPrint..Companies:Electronic Sensor Technology, Inc..Related
NEWBURY PARK, CA--(Marketwire - 05/25/10) - Electronic Sensor Technology Inc. (Pinksheets:ESNR - News), a leading provider of ultra-fast vapor analyzers, announced today that it had received an order for six instruments from the Government of Macedonia. Electronic Sensor Technology ZNOSE® model 4500 was selected over the competition in an open tender. This purchase was part of an ongoing program by the government of Macedonia to strengthen customs enforcement and border security.
The ZNOSE is a very versatile, ultra-fast Gas Chromatograph (GC). It is used to detect a variety of explosives including: TNT, RTX, C4 and TATP and nerve agents such as Sarin and Mustard Gas. The ZNOSE is flexible and easy to use; a change of software enables it to detect illegal drugs including cocaine, heroin, morphine and ecstasy. Similarly the same instrument can detect the adulteration of food products such as milk contaminated by melamine. The ZNOSE is currently being used for environmental, food/beverage, petro-chemical, life science and Homeland Security applications. For more information, please visit our website at www.estcal.com.
PR #:2
California Testing Authority LLC to Use zNOSE for Medical Cannabis Testing and Certification
NEWBURY PARK, Calif., Sept. 30, 2010 (GLOBE NEWSWIRE) -- Electronic Sensor Technology Inc. (Pink Sheets:ESNR - News) (EST) a leading provider of ultra-fast vapor analyzers, and California Testing Authority LLC, (CTA) an innovative leader in certification of cannabis for medical use, announced today that CTA will be EST's exclusive customer in California for the testing and certification of medical cannabis.
Using EST's zNOSE, CTA will conduct on-site testing of medical marijuana to insure the product is free from excessive molds, spores, insecticides and other pathogens. In addition, CTA will test the concentration of the three primary cannabinoids found in marijuana and provide the clinic with labels containing information on the strength and character of the marijuana being dispensed.
Cannabis or medical marijuana has been shown to have several well-documented beneficial effects. Among these are: the amelioration of nausea and vomiting, stimulation of hunger in chemotherapy and AIDS patients, lowered intraocular eye pressure (shown to be effective for treating glaucoma), as well as general analgesic effects (pain relief).
About Electronic Sensor Technology:
Founded in 1995, Electronic Sensor Technology has developed and patented a chemical vapor analysis process. EST's product provides near real-time analysis of gasses detecting volatile organic compounds in amounts as low as one part per trillion. EST's product has been shown to detect salmonella and e-coli contamination of food sources; chemical warfare agents such as Sarin and Agent Orange and Chemical pollutants in the environment.
About California Testing Authority
California Testing Authority LLC, (CTA) is a mobile certification and pre-screening service with a focus on the medical marijuana industry. The company offers mobile solutions for medical marijuana collectives to help meet and exceed local and state ordinance requirements. CTA provides mobile testing for potency levels of three primary cannabinoids found in marijuana: tetrohydrocannabiniol (THC), cannabidiol (CBD), and cannabiniol (CBN). In addition, safety testing is provided to detect above-average levels of molds and pathogens commonly found in medical marijuana. Our clients receive the benefit of detailed medicine bottle labels with on-the-spot printed results so collective owners can feel confident that patients are informed and public safety issues are addressed. These certified labels are rapidly becoming the standard for purchasing medical marijuana and we believe will soon become mandatory by law.
PR #3:
EST Announces Follow On Order From Menssana Research Inc.
NEWBURY PARK, Calif., Oct. 6, 2010 (GLOBE NEWSWIRE) -- Electronic Sensor Technology Inc. (Pink Sheets:ESNR - News), a leading provider of ultra-fast vapor analyzers, announced today that it had received an order for ten model 4200 instruments from Menssana Research Inc. Fort Lee New Jersey, the leading research company in the area of breath analysis.
"We are pleased to strengthen our association with Dr. Michael Philips and Menssana Research Inc. Dr. Philips is a pioneer in breath analysis and is the leading developer of advanced new breath tests for detection of diseases including: lung cancer, breast cancer, heart transplant rejection, ischemic heart disease, kidney disease, tuberculosis and diabetes mellitus," said William Wittmeyer, COO of EST, Inc.
The zNOSE is a very versatile, ultra-fast Gas Chromatograph (GC). It is used in medical research to detect trace amounts of volatile organic compounds found in human breath that are associated with specific diseases and the patients state of health. The zNOSE is also used to identify volatile organic compounds in trace amounts for detection of explosives, chemical warfare agents, illegal drugs and adulterants in foods. For more information, please visit our website at www.estcal.com.
About Electronic Sensor Technology:
Founded in 1995, Electronic Sensor Technology has developed and patented a chemical vapor analysis process. EST's product provides near real time analysis of gasses detecting volatile organic compounds in amounts as low as one part per trillion. EST's product has been shown to detect salmonella and e-coli contamination of food sources; chemical warfare agents such as Sarin and Agent Orange and Chemical pollutants in the environment.
•EST Announces Follow On Order From Menssana Research Inc.GlobeNewswire(Wed, Oct 6)
•California Testing Authority LLC to Use zNOSE for Medical Cannabis Testing and CertificationGlobeNewswire(Thu, Sep 30)
•Macedonia Purchases Six ZNOSE Model 4500 Portable InstrumentsMarketwire(Tue, May 25)
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