|
PRODUCTS
zNose® PRODUCT LINE
The zNose® currently have three models in production and
is testing new software and calibration tools among other developments:
Model 4200 Portable zNose® - Vapor Detector/Analyzer designed
for applications requiring mobility. Model 4200 can operate outdoor with rapid and accurate vapor screening capability.
Model 4300 Portable zNose® - Vapor Detector/Analyzer designed
for applications requiring portability. Model 4300 can operate outdoor with the same functionality of the Model
4200 without the need for an external power source. For applications in which full portability is paramount.
Model 7100 Benchtop zNose® - a bench top unit that is designed
for laboratory users, and is ideal for quality control and other chemical analysis applications
The patented zNose® technology is the only
“electronic nose” to have received validation from the .S.Environmental Protection Agency (EPA) and the White House
Office of National Drug Control Policy. It has been chosen by NASA for their Space Laboratory to assist
in the search for life on other planets and by the US Homeland Security Task Force as a major tool in fighting
against world terrorism and crime.
Click here to learn more about the products
Recent Developments
May 5, 2008
EST Announces Election of Directors and Chairman
Electronic Sensor Technology
(EST) (OTCBB:ESNR),
a leading provider of innovative homeland security and environmental solutions, announced today that it has elected
Mr. William Wittmeyer and Ms. Maggie Tham to its Board of Directors. In addition, Dr. Teong Lim, Founder and Director,
has been elected Chairman of the Board. Mr. Wittmeyer and Ms. Tham replace Mr. James Frey and Mr. Francis Chang,
who have retired from the Board.
March 31, 2008
- EST Announces Completion of Recapitalization Transactions
Electronic Sensor Technology (EST)
(OTCBB:ESNR),
a leading provider of innovative homeland security and environmental solutions, announced today that it has closed
the previously announced transactions to provide additional capital and to extinguish the company's existing convertible
debentures.
Feb 25, 2008
- EST Receives 2 Orders for zNose® from Universities
Electronic Sensor Technology, Inc. announced that it has received orders from two different universities for use
in plant biology research projects. Read more.
Feb 8, 2008
- Electronic Sensor Technology Awarded Security Order and Provides
Business Update
Electronic Sensor Technology, Inc.
announced that it has been awarded an order for 4 zNose® Model 4300’s to be used for security applications
in the Middle East. The order was placed through our distributor in Kuwait, Petroleum Services Company W.L.L. Read
more.
Click here to read the
complete news announcements.
In My Opinion
ESNR seems to offer
one of those rare opportunities to invest in a company with a "strong" product and a "built-in" market covering the planet. The big difference in the ESNR products is they are
"needed & necessary". The market for things that can smell odors is exploding and no let up in sight.
It just so happens that ESNR has the best of the litter with the zNose®.
I first introduced
you to ESNR
about a year ago, and at a higher price than the stock is currently trading. The lower price today is because the
company had a limited cash flow, while bringing a new product to the market, due to the company's then existing
convertible debentures. But, the reason I introduced ESNR in the first place, is still the same reason, a great
product. Now, recent moves by the company has turned things around and I believe we can take a harder look at ESNR
now.
A few things
we need to know that makes an investment in ESNR a "NOW" the thing to do:
- The stock price is near the all-time low;
- The stock price seems to have found support here and is over due for
a bounce;
- The high debt has gone away;
- The public float is still low enough to be able to manage, since all
the new shares belong to a company in for the long haul;
- The 3 month average daily volume is approximately 80,000 daily (3m),
offering liquidity;
- The "NEW" management is very capable, plus will be expected
to perform immediately;
Probably, the biggest
thing that has happened, in my opinion, is the "changing
of the guard", so to speak. Dr. Teong Lim, a Founder, and a big reason the company
was able to obtain the needed financial package announced recently, has been elected as the new Chairman of the Board. By "changing
the guard" and "eliminating the large debt" the company will now be able to concentrate on increasing
sales.
This is the
real reason I feel the stock is quite undervalued and it should start moving up from the current "at, or near, the bottom" price. When I first introduced you to Electronic
Sensor Technology, Inc., it was because of the management and
the product. Dr. Lim
was the CEO a year ago, but he had stepped down in order to travel in search of new business. Along the way, he
picked up a strong partner, paid off the debt, and I am willing to bet, picked up some sales.
With Dr. Lim on the road, and the
rest of the team working hard here at home, the main problem, cash flow, became a thing of the past. The combined
efforts of the entire team made it possible to obtain the proper method of solving the biggest problem, the costly
debt.
Now, with Dr. Lim back at the helm ( new
Chairman), and the the biggest problem out of the way, along with the increased capability of manufacturing and
delivering larger orders, we might expect a jump in sales soon.
Since the new
funding was achieved mostly by issuing shares, the longer term debt disappears and the newly issued stock is not
trading. We need to know this. When a single entity acquires a huge position, the issued shares do not trade. Therefore,
no big debt and still a low float.
I am expecting
"increasing sales" in the months ahead, and I'm guessing strong news soon. The product is still
the main reason to own shares, but let us not forget, the stock price is setting on the low. If we want to own
a piece of the future of ESNR, expecting to enter any lower may never happen, not with the problems solved.
A machine that
can smell anything seems to be a very important product for the current times. It can smell food, chemicals, perfume
and just about anything. Better yet, it can smell things we cannot and do so in only 10 seconds.
The time is
ripe for picking up some shares of ESNR. Just think! A return to the 52 week high of 0.24 would be a big move.
I believe it is possible, but if it happens, and we don't own it, we will only have ourselves to blame.
Another important
thing I want to mention is that Electronic Sensor Technology,
Inc., has agreed to sponsor a longer term investor awareness
program. I will show the company to millions of investors over the next 90 days and it is my belief that this awareness
program will create the buyers needed to move the stock back up.
Best time to enter, is now! BUY Here!
(QUOTE) (NEWS)
There is much to learn by visiting Electronic Sensor's website.
A link has been provided below for ESNR's Home Page
Click
Here To Visit Electronic Sensor's Web Site
at http://www.estcal.com/company.htm
Clicking
here will take you back to other
"FEATURED"
Spotlight stocks
J.R. Budke had been a stock broker since 1981, an options principle since
1982 and a branch office manager since 1987. He is currently inactive as a stockbroker as of 12/31/99. J.R. writes
most of the articles and opinions for the Stocks in the Spotlight. The
stories and stocks found on this site, or any "Stocks in the Spotlight" written material, are the opinions
of J.R. Budke unless otherwise stated, and should not be considered as advice.
You should not purchase any stocks solely on the opinions found on the "Stocks in the Spotlight's" web
site or in any of its written material. You should also be aware that options are not for everybody and carry a
high degree of risk.
The "Stocks in the Spotlight" provides information only, with all recommendations to buy or sell the
profiled security as opinions of the Spotlight and should not be considered an offer to buy or sell the security.
The publishers of "Stocks in the Spotlight" are not
investment advisors and are not acting in any way to influence the purchase or sale of the security. Before purchasing or selling any security profiled, it is encouraged and recommended
that you consult a stockbroker or a registered financial advisor. The reader must understand that the companies
we select may involve a high degree of investment risk. Potential investors must understand that they may lose
all or a portion of their investment due to the risk involved.
The recommendations and updates in this article may include "forward- looking" statements as that term
is defined in the Private Securities Litigation Reform Act of 1995, & therefore are subject to various risks
& uncertainties. There can be no assurance that actual results, business conditions, business developments,
losses & contingencies, and local & foreign factors will not differ materially from those suggested in
the "forward-looking" statements as a result of various factors, including market conditions, competition,
advances in technology, acquisitions, potential litigation, personnel changes, capital availability, and all sorts
of other factors.
Although the "Stocks in the Spotlight" does not charge a company for a recommendation, Electronic Sensors
Technology, Inc., has agreed to sponsor an investor awareness program. The Stocks in the Spotlight has been compensated
for the cost of the advertising program. It is our belief that a brand awareness program will assist in moving
the stock up in price. Although there are no guarantees that any investor awareness program will work, the idea
and concept is that of JR Budke and no other. |
|
