By law, SBA Service Disabled, Veteran Owned Small Businesses (SDVOSB) are entitled to get not less than 3% of that $28 billion from the Federal Government that is going to be allocated from President Obama’s program to support disabled veteran-owned small businesses on a yearly basis as indicated in the link below: http://www.sba.gov/aboutsba/sbaprograms/goals/SBGR_2006_GOALING_OVERVIEW.html
3% of $28 billion = $840,000,000 DOD Funds Allocated to SDVOSB
From doing my DD, EVRM has the only iris biometric and defense contracting company that has SDVOSB status. This means that EVRM/STS has the exclusive rights for their contracts.
Something that is even larger that I think investors still are not aware of is that under Section 308 of Public Law under the Veteran's Benefit Act of 2003, a Contracting Officer may award sole source contracts to a Service Disabled, Veteran Owned Small Business: http://www.asdv.org/PNOL/pnolfed.cfm?AutoNum=88
That news today is huge and has a lot to say in a very positive manner about the direction I believe EVRM/STS will be heading. This will be proven to the market in my opinion. I think it’s just a matter of time before other investors see what those who are ”pro” EVRM sees in EVRM.