ANY company can be investigated. Many Fortune 500 companies have even been!
This company has nothing to hide except their trade secrets (obviously!). Posts like the original post can be used to sway opinion by omitting facts, not unlike reality TV drama. I invested in Emcov because I believe in the product and its potential. They've built prototypes and have demonstrated the technology. They have patents. And yes, they have investors because these things need capital.
On top of that, they're working with several companies and government agencies worldwide and they're doing a great job. My understanding is that, when they demonstrate their technology to those involved with ID security, ALL are impressed with it. I mean, it's advanced enough for the US military and governments around the world to take a serious look.
I DO understand fraud and its various facades; I've seen American Greed, good show. :) BUT when I see proofs of concept develop into prototypes, joint ventures and industry partnerships, how much more REAL does it need to be?
Is investing risky? Always! Just ask my friends with their devalued 401k's. Especially considering the state of our economy, we should be promoting growth of business, not taking away from legitimate, hard-working people.
- Al
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