Digital Armor (DGTL: OTC:BB) is a dynamic, progressive company that has registered world-wide patents for a revolutionary scratch protection system for music CDs. The product, CD Armor, is a unique, low-cost, proprietary Compact Disk ("CD") protection system for use with audio CDs, with the protective shields remaining on the CD in storage and during play.
The PROCESS:
After a controlled pre-launch and direct response TV campaign, manufacturing capacity is now in place and sales and marketing programs have been initiated. Interest from both domestic and international distributors is strong and has led to the execution of several distribution contracts.
The People:
Ian Tweedie is President and CFO and has comprehensive experience managing public and private companies. Danny Lowe is CEO and inventor of "Q-Sound", a successful high tech company. Mark Nussbaum is a director and former Chief Operating Officer for London Drugs. David Reid is Executive VP and was the driving force behind the success of Advanced Gravis Computer Technologies, a $50 million company. In all, the company has the operations and marketing savvy that will ensure its success.
The Market:
With an existing worldwide base of 12 Billion CD's, and estimated sales of 4 Billion CDs per year, Digital Armor is strategically poised to exploit the Accessories Market - which is estimated to be the fastest growing segment in the music, computer and computer game industry.
THE PARTNERSHIP:
Digital Armor is supporting its growth through a comprehensive corporate finance and consulting agreement with Inc. Magazine Financial Resource Group, LLC. By adopting Inc's proprietary REAL PROFIT MANAGEMENT SYSTEM, Digital Armor will enable the interest of shareholders and management to be aligned, as well as accessing growth capital and corporate advisory services. The relationship with Inc. Magazine FRG allows Digital Armor to draw on the resources and expertise of 20 years of Inc's experience helping grow companies. Inc. Magazine has been the first to cover such successful companies as Microsoft (MSFT), FedEx (FDX), Intuit (INTU), and Gateway 2000 (GTW).
The FUTURE:
The annual average growth rate of other CD formats such as CD-ROM, Sony Play Station, CD-R, CD-RW and DVD is projected at 12% to 15% per annum for the next five years from a 1998 base of over 2 Billion. The Company will focus its research and development efforts on developing products that address these lucrative market segments.
The CAPITAL STRUCTURE:
The company currently has 10,698,944 shares issued and outstanding, with a fully diluted total of 12,823,944 shares. The company has engaged a prominent US securities attorney to complete a full registration document. Upon completion, the Company will seek to upgrade its listing to small cap NASDAQ status.
Technically the stock has made a nice base around $1 and the sporadic volume of late indicates that good things are about to come IMO. Insiders control most of the stock so it will take very little to push this thing up substantially. From what I understand FRG will likely finance the company at which point there should be major market support.
The group behind this company knows how to promote extremely well so liquidity will not be a problem at higher prices.
Contact number is (604)-331-8772 and the website address is digitalarmor.com |
