Business
Ludlow Research Opinion
Ludlow Research Opinion.
About this update from Defense Technologies International Corp.
[{"type":"text","content":" Defense Technologies International Corp.OTCQB - DTII\nReleased June 22, 2016 \nLudlow Research Initiates Opinion on DTII Based on Metal Detector Market Outlook\nLas Vegas NV - Canyon Gold Corp. (OTCQB ‘CGCC’) (The Company), a developer of security technologies, announced a research report on the company is now available for review.In the report, Ludlow Research made note that the recent attacks in Orlando, FL, and other mass shootings, have shed new light on the need to rethink venue security where large public crowds gather, such as nightclubs, convention halls, sports arenas, and of course schools. Since the attack in Orlando demand for metal detectors has risen sharply, and this could position DTII and their next generation passive metal scanning units in the right spot as Company anticipates rollout through 2016.The Company is planning to initially install 5 units in a demonstration school, and at a major sport stadium, at a basic cost to value-justified the safety, security and personal privacy affects that their scanners will bring to the venues. \nThe Company’s ‘Offender Alert Passive Scan™ is a 'next generation' walk-through detector scanning unit. Its special value comes from its passive and emits nothing through the subjects, while security scanner systems currently in utilization effectively use X-ray in some form. This patented and trademarked passive scanning system allows for detecting and identifying concealed threats, such as guns and knives etc, while offering no X-ray exposure to subjects scanned by the system.\nConclusion: Valuation Target of $1.00+Based on the DTII exceptional board and advisory team, low market cap valuation with 22.4 million common shares issued and outstanding, and potential for large and rapid purchase order based on increasing demand for metal detector systems for venue security, Ludlow Research has issued a 'speculative' valuation target on DTII of $1.00 to $1.25 per share, or $20 to $25 million market cap based upon potential market demand.\nTo download the full report, risks, and disclosures on this company please visit http://www.wallstreetnewscast.com/profile/dtii.html About Ludlo...