Ajx is holder of a patent of nano tech, researched in the labs of the US DoD. The tech changes the material making it stronger and resistant to chemicals without changing the structure or wear of the material. It is adaptive to paint and many other uses.
It has 4 tenders in the DoD system the biggest for 130 mil where they where asked to by the dod to partner the other members of the JV. Success here would give them at least 10 mil profit per year. There are others but will not go into it.
The have commercial MoU with some big companies
Drivers, tender results due in 3 to 4 months
Broker reports RM milestone out of the US has done 2 reports and has a price target of 35 cents
Downside, if they don't get tenders, and lack of information due to confidentiality agreements that companies don't want anyone knowing what they are doing.
For me if they land the big tender 60 cents plus the smaller ones 30 cents
