I do not believe this will be an 8 million dollar sale, or even a 20 million dollar sale. As I indicated previously, Metal Storm has allowed each of the big boys a piece of the pie. Raytheon has patents that describe the same technology, and do not even cite O'Dwyer's patents, BAE Systems has partnered with MST for ammunition (12 gauge, and possibly 40 mm), and Colt has partnered for the MAUL - I think we are likely going to see some significant interest from these parties soon. This is no Ventracor - the potential from the Canadian Small Arms Improvement program is enormous, and so is Force Protection. This has happened for a reason, on the verge of success - the technology must be owned and dominated by US interests. I am sure the likes of Doyle and others recognise this, and they're not in it for peanuts.
MST Price at posting:
0.1¢ Sentiment: None Disclosure: Held