Market cap at 0.2c = $6m Cash $300k so low Has 3 Billion shares and about 3 Billion 0.125c options the good thing about those options is the price will have to be north 0f 0.2c before people will exercise
Claims to have some revolutionary infrastructure pipe repair technology in a market where in the US alone they will need to invest $4.8 Trillion to upgrade their piping
Thats Trillion with a T
The opportunity is mind boggling but it will all come down to really how good is this technology at doing what they claim to be able to do heres some info on how it all works
"ShieldLiner is a unique trenchless pipe relining technology developed for the rehabilitation of existing pipes insitu. ShieldLiner’s unique system involves the insertion of a tool that travels along the pipe being rehabilitated, delivering and compacting resin to fill and repair cracks and holes whilst at the same time wetting out an inverting liner.
Apart from the simplest and most obvious advantage –eliminating the need to dig up and repair underground pipes, which normally involves significant cost as well as substantial disruption, access issues, social impacts and potentially environmental concerns –the ShieldLiner System has a number of other benefits: ? Has the capacity to repair both small and large diameter pipes. ? Suitable for both pressure (eg. water mains) and gravity (eg. sewer) pipes. ? The liner binds with the pipe with no gap (or annulus) between it and the outer casing of the pipe, because the resin and catalyst are introduced to the liner package by the tool inside the pipe under controlled conditions. The result is a composite of old pipe reinforced and repaired with the new liner. ? Range of materials and combinations is possible for the relining package –epoxies, ceramics, industrial coatings and cements. ? Very long runs of pipe are expected to be repaired in one run. ? Cost savings over costs of replacement are expected to be substantial in suitable applications."
Open trench pipe repair seems like a cave man solution in todays modern world of hi tech wizardy and old fogeys like Endless whipping around on Gyroscopic Seagways ROFL
So the real question is who else is already doing or trying to do what Vortex claims to be able to do and can Vortex actually do it better
