ABI ambri limited

qrsciences- one to watch

  1. 723 Posts.
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    [not an abi post, but HC wont accept QRS for some reason].
    I'm betting the share price of this Peth based company is set to sky rocket. In the next few months the company is due to announce separate deals with US airport screening giants L3 communications, Rapiscan, and Lockheed Martin. If QRS's technology is selected by these companies (QRS has only one competitor), its Quadrupole Resenance (QR) technology (for detecting plastic explosives) will be retro-fitted on thousands of airport screen devices around the world. It will also be installed on the next generation screeners. QR technology also has applications in the earth sciences and pharmacological industries. The company presently has a market cap of only $25m, yet its revenue next year could exceed $100m according to a published interview with its CEO. The company spent 10 years and $20m developing the technology. It now has $6m in cash and a burn rate of only $300k per month. Strong Buy IMO, but please do your own research.
 
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Currently unlisted public company.

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