heCopperWire
TCW currently has CHES as it's only long term holding.
Outstanding share roughly 90 million. Float roughly 40 million.
CHES not too long ago was a shell company with little or no debt. Then
CHES announced that intended to become active once more, with it's
checkered past behind it. CHES has since then acquired 2 companies:
PharmaOnline and the latest edition, Probity International. O'Shea also
expressed his desire and goal to take CHES to a Nasdaq listing.
Keep in mind that CHES is currently in the DD process with Growth Fund
Partnership (GFP). GFP currently holds $3.79 Billion in assets. (yes that
is a B and not a mistype). TCW feels that the potential for CHES
dramaticaly outweighs the risk. We continue to accumulate.
TCW also expects to hear of SEC compliance shortly from CHES, along with
news of GFP and Probity International and possibly PharmaOnline.
The latest PR resulted in what seemed, under-excitement. Possibly due to
the lack of knowledge about the latest acquisition Probity International.
Though as news filtered around and more and more research was done,
investors may have started to realize the value of what Probity
International adds to CHES. Probity International becomes a tremendous
asset of CHES.
Below is a description of Probity International. Take note that the
technology is cutting edge and will be the future of internet and intranet
security. And is now just busting into the commercial sector, as it was
mainly used by DOD due to expense. Now advancements in technology are
making it more cost effective.
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DCS Licenses Probity Gradient(TM) for DoD Information Security
Applications
DCS has become the Department of Defense licensee of the Probity
Gradient(TM) methodology for analyzing, measuring and managing Network
Security and Integrity. The Probity Gradient(TM) methodology identifies
and measures network vulnerabilities and risks and aids in the development
of practical security policies and secure network architectures. Based on
this new capability, the company is adding a comprehensive Trusted Network
Security practice to its Integrated Information Technology Capability
Center.
Probity International of Reston, VA is a Network Security/Risk Management
consulting company serving Fortune 1000 Corporations, Government Agencies
and Institutions. Creators of the Probity Gradient(TM) methodology, the
company provides security training and assessments and develops policies,
procedures and architectures that protect companies that process highly
sensitive information or conduct business transactions over the Internet
and through corporate LANs and Intranets.
DCS Corporation, located in Alexandria, VA, has been successfully serving
the Defense and Aerospace Community for over 20 years. The company
addresses Mission Critical Technologies for Airborne, Ground Mobile and
Naval Applications. DCS Corporation is a competitive leader in Navigation
and Avionics Systems and Integration, Electro-Optics Development,
Engineering, Acquisition, Logistics, Test and Evaluation Management, and
Integrated Information Technology Systems.
Probity members are recognized for managing the development of NSA
evaluated Trusted Network products and accredited Classified Network
Systems, used in over 25 DOD and NATO applications.
Managed the development of the first B2 evaluated network product - VSLAN
(1990/95)
Designed and implemented a Trusted Network to secure the new trading
system at The Philadelphia Stock Exchange
Probity Laboratories
The Incubator for new methods, processes and seminars
Evaluation facility for "Trusted" solutions
Custom solution design and Tools development
The Probity Methodology
Trusted Networks were developed by the Defense Department for classified
data.
They offer tamper-proof security to protect against inside and outside
information attacks.
They were too costly, too complex and too restrictive for commercial
use...until now!
Probity has re-applied Trusted technology to a practical methodology that
addresses the two fundamental requirements for containing Network Computer
Crime.
Know your system's vulnerabilities
Only use Classified-StrengthTM Solutions.
Integration is executed with scrupulous objectivity and without vested
interest in any component. |
