First-of-its-kind coating product The spread and risk of infection of COVID-19 have been linked to the virus existing on our hands and frequently touched surfaces according to new empirical evidence, further exacerbating the need for a more effective solution to reduce the rate of infection.
Thankfully, FendX Technologies (FNDX.c) has developed RepelWrap, a first-of-its-kind coating product with patent-pending and proprietary technology to repel bacteria and viruses to reduce their spread and stop any contamination after contact.
In preventing the spread of COVID and other diseases, FNDX & RepelWrap have a unique opportunity to take advantage of as the surface coating market is estimated to hit US$3.5 billion by 2025, growing from US$1.3 billion in 2020 at an 18% CAGR.
This strongly positions FNDX for significant revenue generation once in commercial production which is expected in 2024.
With a stacked management team, a strong share structure and tight float FNDX has significant potential and the stock has been performing very well following its IPO at the end of March week and is currently up over 30% since listing.
For more information, check out this deep dive DD packet: https://www.reddit.com/r/PennyStocksCanada/comments/11qhnvo/fendx_technologies_due_diligence_packet_a/
Transmission study https://www.imperial.ac.uk/news/244251/covid-19-spread-households-linked-virus-hands/
Posted on behalf of FendX Technologies Inc