InvestorsHub Logo
icon url

luckydd

07/09/09 1:51 AM

#2421 RE: MagShoe #2420

As much as I would like to see a PR with all the interest in IDOI I respect the company for not just throwing out some stale news to hype the stock.I felt a firming at the close in the .0022-.0023 area.and expect to see a price above todays high of .003.If you are new here and can pick up some shares under .0025 tomorrow --might not be a bad idea!!--IMO--I bought more today at .0023 to get to 500000.May double up if a major dip occurs(not expecting it) Hold Em Lucky
icon url

Byron00

07/09/09 2:14 AM

#2422 RE: MagShoe #2420

That article is old news, and the MagShoe it describes is not good enough. We know it's not good enough from the fact that it has not been more widely adopted.

The MagShoe needs to detect not only metal objects, which it does, but also chemical bomb components, which it doesn't. As long as it does not detect bomb/detonator chemicals it will still be necessary for people to remove their shoes for visual inspection. If people have to take off their shoes anyway, then there is no reason to have the MagShoe. That is overall the judgment of the market, which is why this remains a sub-penny stock.

The company is surely completely aware of this, and I'm hoping that they have developed an enhanced model that has both metal detector and chemical sniffer. If they have developed a new model like that, and if word of it has leaked, that would explain the sudden spike in the share price.

If the company comes out with a PR that announces such a new model, the stock price is going to skyrocket.