Wednesday, December 21, 2011 9:02:22 PM
As we all saw today...a new excellent PR released and the clearance of the OTC did absolutely nothing to the share price and IMO future PRs or news that resembles these will continue to do nothing. We are past the days from last year when news of a demo spiked the stock price up by 20-30% in a day...remember those days?...then with all the news of STRATS and everything else made this stock go bonkers all to fall down.
I am not bashing the stock or company...but we need to realize that nothing is going to bring this up IMO until we have announcements of NIJ (which at this point is probably already built into PPS), some type of media attention with testing data, and orders, orders, larger orders and more orders.
Everyone can think what they want and I know many have stated there are LOTS of HUGE orders with MANY 0s behind the number...but I will not believe it until I see it.
On another note, I am happy with the progress this week and with the release of the new ultra thin trauma plate. This plate will be much more marketable with Law Enforcment in general compared to the fatboy plate. Practically every LEO who has a soft kevlar vest uses a trauma plate...or IMO would be stupid not to have one. This will open up a broad market for the plate.
According to the message on their facebook page that they will be obtaining the NIJ cert later, but will sell right away with "compliance" status makes a lot of sense since the plate is not a stand alone plate and will be used in conjunction with a already certified kevlar vest. Also happy the plate is being made in a variety of sizes for different body sizes.
Seems they are on the right path and are getting things done. Hopefully, next on the agenda is the announcment of some ORDERS and PRODUCTION of their products.
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