Choose a different title name

[TheRaveninexile]

There is a stock I have been following for a little over a year now called eCrypt Technologies. (E C R Y). Basically I've owned 1000 shares for about that long. The reason I bought it was specifically because of who/what was on their BOD. The company makes supposedly encryption software for cell phones, laptops etc. When I bought it, all they had developed was a program for Blackberry encryption, they have more tricks int he bag now and what they have apparently has been approved as adequate by the NSA for security purposes. Until now they've made no money. Basically they're making about $400 in revenue a quarter and burning close to $90K in the same time. However the reason I was interested in them was who was involved with the company on their BOD which is stacked with a retired Rear Admiral, Jay Cohen who graduated from MIT and the Naval Academy, Curt Weldon a former US Congressman and retired Vice Chairman of the Armed Services Committee and Vice Chairman of the Homeland Security Committee. and there is another guy with military, DARPA and McAffee experience. The advisory board is some creepy former military/UN spook and a uber hacker that's worked for the government in the past.

About 8 weeks ago I read an article somewhere, damned if I can find it again though, about how the NSA and the US military are chomping at the bit to use cell phones. All the government agencies are still stuck with land lines apparently because there's been no way to adequately secure them until now. The article talked about there being programs now approved by the NSA for such purposes and that they were moving toward actually using them. So after I read that I started watching to see if anything happened with E C R Y and sure enough....... a few weeks afterward it started to move on no news. I was skeptical at first but it's been going up and up and up now for 4 weeks and no one is even talking about it anywhere. I am now semi-convinced that something is up.

How much you think an encryption program for all government agencies would be worth?



http://www.ecryptinc.com/board-of-directors/