Doug Casey recommends Aura Systems ...
After visiting the offices in Los Angeles Doug says, "I was
as impressed as I've ever been with any company I've
ever seen".
o Aura Sound - a patented method to shape speaker magnets
so that the magnetic flux is contained. The sound system can
be a fraction the size and weight, use a fraction of the power,
made more cheaply while offering crisper, cleaner sound.
Excellent for autos, televisions and computers.
o Aura Gen - somewhat larger and heavier than a car's alternator,
capable of generating 5kw at slightly over engine idle. Ideal for
pickups, RV's and SUV's. This device just received Chrysler's
Design Excellence Award.
oEVA (Electro-magnetic Valve Actuator) - Say goodbye to cam
shafts, valve springs and the entire valve train. Valve timing can
be adjusted to the millisecond, improving performance, economy
and emissions. "...this is a bigger breakthrough than fuel injection...",
says Doug.
oTelevision/CRT Displays - A patented technology called Actuated
Mirror Array (AMA). The size of a 3x5 card, it contains 300,000 micro-
scopic mirrors capable of moving several hundred times a second.
This technology eliminates the cathode ray tube and can be made
larger, cheaper, brighter and with no radiation.
*** Hidden Klinkers ***
A runin with the SEC over accounting principles. Discount this because
it is only the SEC. (Dougy doesn't like bureaucrats).
One lawsuit from investors who lost money. Sounds like a lawyer trying
to shake-down the company
Doug wraps it up saying ...
"What is this stock worth? A ten bagger over the next couple of years,
and a 100-1 shot over the next decade. Of course anything can go
wrong in high tech, and anything can go wrong with the stock market".
Is anybody still interested? This monkey will keep an eye open, buy
on dips (or crashes) and hold on for the ride.
Cheers.
|
