RE:myannouncementWhy would I do something silly like that? I do my own research. Asking a company if their business is good is like asking a drug dealer is her drugs are clean. You people are just mentally lazy and your investment strategy relies on believing whatever the company says. Go back to sleep and don't waste my time with dumb questions.
Questions to ask your CEO if PAT ever hosts a conference call:
1) Why they don't have an actual Utility Patent for the technology in any country.
2) Why Michael Rozin was removed from the leadership list then added back again? Why is LinkedIn page doesn't list Patriot One?
3) Why the FCC and IC clearly state that this product may only be used by law enforcement and EMS. Ask the CEO how this will impact their market size.
4) This product will be expensive to implement because each location will require the hiring of law enforcement to operate the unit. Why are they not disclosing this more openly to shareholders?
5) This product is ABSOLUTELY NOT plug & play technology because each location will require custom installers to calibrate the device for the environment (background) and the expect pedestrian traffic (target profiles). Remember the old physics classes on signal detection?
They need to partner with a few of the biggest players in the market if they ever hope to achieve the installed sales they need to justify the current market cap. The price of $10K per unit is just too low for a big Tier 1 to want to participate. A Tier 1 would rather promote a product with a higher profit margin. This is a major stumbling block to PAT's business model. The only thing that will keep this market cap at current levels or higher is retail investor enthusiasm. One year after an official commercial launch the long term retail investor will be disappointed as the market cap trends lower.
There is a reason why Smith Detection didn't pick up this product when Natalie Nikolova was doing the work under a NATO grant. They are one of the biggest in the field and they knew it wasn't going to make them the money they need. Pat's tech is cool but their is a difference between being cool and being an easily scalable product.
6) Why the project's "estimated" commercial release has been push back from Q2 to Q4. Problems with the algorithms?