Take this for what its worth, but I thought it was encouraging. Its from a FB PAT Group I was turfed out of for daring to ask questions. Had to get my wife to cut and paste it for me:
On Friday of last week, one of our 8000 members had a tour of the Kelowna office while they were out there on vacation. This member has been a shareholder for a while and asked that their name be withheld from the post.
I spoke with this person after the tour and was very encouraged by what they had seen and heard. At the end of it, I asked the person if they were not a shareholder at present, would you buy into the company knowing what you had just witnessed and without hesitation, it was an emphatic yes.
Here is a recap that they wrote for me to share with the group:
As a shareholder who has been with the company for nearly 3 years now and who has nearly 50,000 shares I was very excited and eager to meet with Phil Lancaster at the Pat office in Kelowna. Upon my visiting I was warmly welcomed by a few staff and then met with Phil in the showroom. He had taken me through the evolution of the product from the large planters that we used to see to the new MSG we see now. Through the process we discussed how the initial CMR product was developed and the various trials they had at the westgate such as having it within the floor as well as the front desk. You can tell Phil has had his frustrations with the FCC as he said anytime an engineer wanted to get something changed they had to go through FCC approval and how much of a headache it was. We discsused the various trails through the UND, Westgate, etc... and the data they had collected. We finally reached the current product that we have today that is the MSG. I had a live demo done for me by Russel LaMountain and I must say I was impressed. I walked through the system and nothing had gone off and then when I had a weapon it identified me as a threat. They demonstrated the VRS as well as the MSG and I had confirmed that it is the TMS that is within the MSG platform that is sold.
I must state that the current machine is passive technology. I was told that the city of Cinicinatii was a sale and so was Mt. Healthy and that they are busy now that they have a saleable product. Also, the 17,000 sales leads are contacts that they have within salesforce that have inquired about the technology in the past. Johnson controls is a reseller and partner as PAT will be available for their client base to purchase.
You can tell that Phil was very relieved that the company is now experiencing sales and is active. He emphasized that there are some serious fortune 500 companies that are intersted in the technologies but unlike the Cincinnantii Reds they dont wish to have their name shared. He mentioned that the Canadian Navy has the MSG in the shipyards and that the product has been shipped.
We met for an hour and the meeting went by very quickly and cant recall everything we went through but what was encouraging to me is when he stated that the company is in full sales mode now.
Overall as a longterm shareholder I was pleased with the presentation of the product and can tell they are excited to be selling, finally. Although I wish that the “saleable product” was available years ago, I am happy that we are here now. I will be holding to see what happens into the fall as now I have an expectation of further sales. If I wasnt a shareholder and went through the presentation i would certainly have the same excitment and eagerness to invest in this company as I do today.