Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Active Control Technology Inc ATIVF



GREY:ATIVF - Post by User

Comment by lr7on Jan 07, 2008 11:33am
466 Views
Post# 14161265

RE: Ease up, guys...

RE: Ease up, guys...Not only is the $20 million in sales based only on West Virginia, it is also based only on the coal mining sector, for which the product is initially being mandated. However, once in the coal mines, it is reasonable to consider that hard rock mines could follow. Also, China, which has an enormous number of coal mines, a very poor safety record in coal mines, and a stated intention to improve in that respect (which has already started), has indicated an interest in these types of products. Why are very high margins reasonable to expect? Relative lack of competition compared to the number of mines that would need to install a system like ACT's. Customers being required to install the product by government. Very large market from the perspective of a relative start-up like ACT, but not large enough to be particularly attractive to the huge wireless players.
Bullboard Posts