Wireless Matrix Corporation WSMXF

Overview

[locust1]

As mentioned in the Canadian Business, WRX is currently monitoring 200 well sites in Alberta. By next year April, the number of well sites expected to be monitored by WRX is 2,800. That's 14 times more sites. Mmmmm ... WRX should be announcing deals regarding the 2,600 more well sites soon. "WRX already has a roster of clients that includes big players like Talisman Energy, Murphy Oil and Northstar Energy. Companies in the Middle East have heard about IP Anywhere, and they want a piece of Wireless Matrix too." Canada alone has 100,00 sites & USA has several hundred thousand sites. Middle east? I have no idea how many sites they have but they definitely do have a lot more than Canada & USA combined. There is very little competition in what WRX is doing so WRX should have excellent growth over years. Furthermore, oil/gas sector is not the only sector WRX is looking at. It is also looking at transportation (railtrain) sector where it is "missed" (overlooked) by companies. In fact, it had just acquired a large-sized company in USA to expand into the railtrain business. WRX's subsidary deals with wireless fax over satellite network. This has earned WRX an award already last year or the year before already. Investing in WRX is a decision that investors will not regret. My target for WRX is at least $40 range by year end. I think within two years, WRX should be able to distribute dividends to the investors. WRX in my opinon has very good growth & potential to be a blue-chip within two years. I think by 2002, WRX should be able to generate at least $50 million yearly. Cheers!!!