Mondays DPP Alert is ADCF!
Advanced Defense Technologies, Inc.
ADCF is currently a technical play, It was sitting at .045 mid February and is extremely oversold... ADCF is coming off a Triple bottom at .0050 The float here should be right around 30 million or less according to the latest info from the TA.
ADCF is showing an increase in volume and the MACD has turned up... We also have the white line of the ADX turning down away from the green line of the PPO which is very bullish... All signs are pointing to a run imo!
ADCF has already started the reversal and volume has picked up... Remember volume before price and the avg volume is around 675k... Friday we had a couple million Plus, this is huge since I would estimate the float to be right around 30 million...If you look at the chart most of the voume and trading action occured above .015 which would lead me to believe almost half is probably locked up above .015 which would leave a mere 15 million trading! This has the potential to run 300%+ IMO!
*BONUS*
I am hearing buzz of a few BIG organizations liking ADCF's trading action Friday and their oversold chart... Look for possible HUGE gains to come in Monday, I have a feeling this will be our biggest gainer yet
Advanced Defense Technologies
Issued and Outstanding: 114,780,990
Restricted: 80,391,000
Float: O/S-Restricted=Float around 34 million
Fundamentals:
On May 8th, 2013, ADCF released their 104 page Q4 filing along with their Annual Report with financials for the Year ending December 31st, 2012. The Annual Report has NOT been pr'd!!!
In the filings, they disclose several key points:
· "The Company develops systems and breakthrough technologies for the military defense and homeland security industry. The Company's technology/products have been developed under several SBIR Programs with government agencies including the US military (USAF, ARMY, NAVY and MDA), NASA, DARPA and a prestigious defense contractor (Phillips Labs)."
· They have joint ventures with both Halberd Corporation and Aerospy that are in active research and development stage.
OTCMarkets still has a yield sign on the play and yet, the information was released to them and published on Wednesday.
· "The new technology/products have potential for dual use applications in both the defense and commercial sectors. The expected customers for ADTI technology/products will include both defense and public sectors.
· The anticipated customers will include:
US Air Force
US Navy
US Army
Boeing
Raytheon
TECOM Industries
Lockheed Martin
Northrop Grumman
General Dynamics
Harris
SATCOM Industry
UAV Industry
Wireless wideband communications companies
Antenna companies"
The company’s financials show a 59% DECREASE in liabilities for 2012 and 685,474 in company assets, which is a 35% increase from 2011!
