Applied Energetics Inc AERG

Support your forces

[amy89]

Ionatron, Inc. develops and markets directed energy weapon productsand other products incorporating its Laser Induced Plasma Channel(LIPC) and related technologies. Ionatron has entered into severalcontracts with the government for products and services, as well asco-operative research and development agreements for joint researchon LIPC-based Directed Energy Weapons and Counter-Weapon Systems.The Company is engaged in research and development, and businessdevelopment activities.

Most importantly it is contracted with the American government over military equipment and technology. With the recurrent engagement of the war on terrorist, it will a suitable company with decent amount of revenue. However I do not see this company going anywhere fast. Even in a long term point of view, I see the same amount of income as buying into bonds. Still if it ever goes back to the 6 dollar range from its current position, then it would seem to be worth it. I do not see it goes much lower.