LMO, CDEX is little different from a drug company whos drug needs to undergo tens of millions of dollars, or more, in trials. If it spells out what it has and what it needs it can build a prospectus that attracts investors.
I don't know that ValiMed will sell ten, ten thousand, or ten million units in its current form, but I do know it's a device that could be utilized in tens of millions of places throughout the world. When you consider the number of pharmacies, hospitals, etc. that handle, and occasionally mishandle drugs, you can see the need. When you hear about things like talc being used as a forgery of a real drug you realize people are probably dying so that a few people can make huge profits, you can see the need.
I've known people who buy drugs in Mexico, they're convinced that they are the real thing. Wouldn't it be nice to have a stand on the U.S. side of the border and charge even a dollar for each drug you verify. I think you'd do a lot of business.
The same if probably true of liquor, cologne, etc. though the fakes are not deadly like some fake drugs may be. The point is the manufacturers and the government would like to find the fakes, the manufacturers because it costs them the sales, and the govt. because fake liquor usually has fake tax stamps as well. I know, this device hasn't been marketed yet, but I gather it's close.
Does anyone here believe the scanners at airports, etc. aren't going to change substantially in the next decade, and probably at least once a decade thereafter. I believe such devices are practically in their infancy when compared with what they'll be in twenty years or so. The point is, we still have all sorts of potential here, as well as in finding explosives in the field, like mines, etc.
Gary
