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Plurilock Security Inc V.PLUR

Alternate Symbol(s):  PLCKF

Plurilock Security Inc. is a Canada-based identity-centric cybersecurity company. The Company secures workforces in the age of AI through its Plurilock AI platform, delivering advanced identity, data safety and guard rails to safely implement AI solutions to commercial and government customers worldwide. The Company operates through two operating divisions: the Technology Division and the Solutions Division. The Technology Division operates under the Plurilock brand, builds and operates its own proprietary product (DEFEND), as well as the acquired product (CloudCodes). The Technology Division is operated by PSI, PL, PLUS and PSP. The Company's corporate overhead expenses associated with PSI are allocated to the Technology Division. The Solutions division is separately operated by ASC and INC. The Solutions division offers services, cybersecurity industry products and technologies other than its own proprietary products (DEFEND).


TSXV:PLUR - Post by User

Post by StockHawk1on Jan 31, 2022 2:19pm
84 Views
Post# 34380004

$PLUR gets 4 big orders from US government in past 2 months

$PLUR gets 4 big orders from US government in past 2 months

Data attacks are getting worse, with huge companies and government bodies being attacked regularly. Therefore private companies and public organizations alike need to ensure cybersecurity now more than ever. 


As we see data attacks and breaches increase we could see the demand for SaaS companies that focus on organizational cybersecurity increase as well. 


One of the companies in this space that I have been interested in is Plurilock Security Inc. ($PLUR.V $PLCKF). 


This identity-focused occupational cyber security company has been pulling in huge government contracts recently: 

- a $308k order from the US Department of Defense

- $239K order from the US Navy 

- $272K from the US Department of the Interior 

- and 285k from the FBI all within the last 2 months


$PLUR is currently trading at only $0.35, which I consider a very good price espically when you account for all of these government contracts that could become reoccurring orders. 


MC is $24.409M

 
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