OT Reid - SEHO I wouldn't normally post this here as I don't usually promote. But this one is one I've followed for a long time and I don't believe this news has hit the wires yet as it's not on Yahoo or Ameritrade streaming news. I've left them a message to do some promoting and get it on a wire today or tomorrow.
I'm not recommending it and it may have already run its course as it's not the type of play you see here. However, you mentioned that you play micros once in a while so I thought I'd post here.
I'm still holding and the way these things go, it wouldn't surprise me to see it double again or more.
SEHO - really moving on 12.8 milliion shares. I've talked a few times to management and they have lots of things in the fire. They tend to buy or license stuff cheaply and then wait for the right time to develop. Take a look at their prior filings.
businessweek.com
Smoke Signals for Explosives
A new technology that catches tiny particles of bomb materials in the air and blows them up may lead to cheaper, smaller detectors
. . .
INTERNAL AFFAIRS. Thundat and his team have licensed the technology to two companies. The first, privately held Protoveris, has been developing it for medical use since 2001. With the proper coatings, it can detect specific proteins in the body, which will help doctors measure the effects of some drugs on patients. This week, Protoveris begins beta-testing the device for the first time at the Lombardi Cancer Center at Georgetown University.
The other business, SENSE Holdings, licensed the technology in 2003 for bomb-detection wands. SENSE execs say they're looking for development partnerships with major security-device manufacturers and say their wand will be ready for commercialization in 12 months.
In addition to saving costs for airports, "we really hope to put it into many more places that can't afford [explosive-detection] technologies right now." says Dore Perler, CEO and president of SENSE. "We think the potential is enormous." If he's right, detecting bombs will become a whole lot easier. |
