Patriot One Technologies – A Shimmering Gem with Low Market Cap in a Market Worth $117 Billion

Here you’ll find all of my articles on Patriot One Technologies.

An Investment in A Safer World with a Concept Easily Taken to The Heart

We have probably all been in one way or another affected by developments in the world in recent years. Almost daily we can read in the media about tragic events that affect innocent people. There is a wide range of both attacks and motives. Religious, political, economic and/or purely personal motives are most often behind these terrible attacks.

Personally, I feel melancholic and disheartened at times and I cannot imagine how it feels for those personally affected. It is hard not to be encumbered and overwhelmed by almost daily media reports on the many attacks that take place around the world. We ourselves, in Scandinavia, have even been hit. A place that was long spared of terror. Stockholm, Copenhagen, Oslo and Helsinki have all suffered. In the United States, mass shootings are unfortunately quite common, where Las Vegas was last hit. This violence is indiscriminate and affects children as adults. We have seen several school shootings. We have seen armed perpetrators shooting their way in to concerts. The list is far too long and I do not want to mention more examples because I think you all know what is taking place in the world. But most of these attacks have one thing in common: weapons. Without weapons it is difficult to execute them. One question I often discuss with my friends is: why can we not detect weapons and have security controls in more places in our societies than we have today? I will not engage in any political discussion. We can only state that we live in open and free societies and want to continue to do so.

So, is there really no way to avoid metal detectors, security controls, body searches, etc. without sacrificing our open and free societies? And without causing practical concerns such as long queues, delays, frustration and integrity restrictions?

I would personally wish that I could help reduce the risk of attacks. And I know I am not alone. Because I’m an investor and not a politician, I think I’ve found a way to contribute. The way is spelled Patriot One Technologies Inc.

About Patriot One Technologies Inc.

As an introduction, I think we should take a look at these videos – interviews with CEO Martin Cronin and news reports on Patriot One Technologies. They provide a good picture of the company and its products, strategy, production, sales, logistics, and then some.

  1. Interview with CEO Martin Cronin
  2. Presentation and demonstration of the product. Discovery Channels feature on Patriot One Technologies.
  3. Another interview with CEO Martin Cronin
  4. Equity Report

Background

Patriot One Technologies was formed with the purpose of commercializing the technology originally developed for NATO by a research team at McMaster University, Canada. The technology was developed to solve the problem of detecting hidden weapons on individuals in public places in time, to allow the authorities to act before criminal acts take place.

The research team, led by Dr. Natalia Nikolova, developed the technology with a $ 2.5 million grant from NATO and the NSERC (National Science and Engineering Research Council of Canada) to protect military troops from previously undetectable threats.

Exclusive license agreement

Patriots One Technologies has an exclusive license agreement to develop, license, manufacture and commercialize this technology globally.

Patriot One Technologies Product System PATSCAN CMRTM

Patriot One Technologies is the first company in the world to deliver a product system that scans an individual for hidden weapons. Everything happens without the knowledge of the person being examined. This is done without limiting privacy and is fully compatible with legislation around the world. The technology enables us to live our lives as usual and maintain our freedom and transparency.

There are currently no other products on the market that can scan a person for a hidden weapon without that person knowing about it. All the technologies currently available on the market require human intervention who need to process and analyze information. In addition, the current technologies require intrusive measures, such as halting and body search individuals. Measures that not only take time but also create queues and make intrusions in our daily lives. Most of us probably share these experiences. In addition, these technologies often have a relatively high number of false warnings. Security controls at airports are a typical example.

Obviously, it is a clear advantage if you can avoid all of the above-mentioned downsides. But I would say that the biggest competitive advantage of Patriot One Technologies’ product system is as follows. I guess most people, just like me, one time or another have reflected on the lack of controls in several places in our societies? Especially after the many terror attacks and mass shootings that has taken place in recent years. How many of us have not been to football games, concerts, universities, underground stations, train stations, government buildings, shopping centers, tourist attractions, places of worship, museums, hotels – the list is almost endless – where we have not been scanned for weapons or explosives?

I personally have experienced exactly this as I was attending two concerts in Copenhagen last summer. Metallica inaugurated the newly built Royal Arena and Guns N ‘Roses played at the Park (I suppose my music taste may not be the most modern). As you recall, one of the terrorist attacks in Paris in November 2015 was directed at a rock band and the people coming to see them play where gunmen carried out a mass shooting and took hostages. The Royal Arena has a capacity of 16,000 and the Park has a capacity of +50,000. What struck me on both occasions was that we never actually passed any kind of metal detector. Instead, on both occasions, a young man was ashamed to carry out the body search and was stressed out by the large number of people who wanted to pass the control. This resulted in a very fast and loose “search” where he felt along my arms and in my armpits. On both occasions I had a bag with me. Security at the Park did not want to look inside my bag nor did they want to search it or feel it. I had to ask them myself to check my bag (I simply wanted to make a point and make them realize that this was something that they should be doing).

What makes the Patriot One Technologies’ product system PATSCAN CMRTM unique?

Smart System with No Human Operator

The systems that exist today, such as metal detectors that people have to go through, use a technology that has been around for a long time. These systems are fixed and large installations visible to potential perpetrators. The perpetrators know very well where the surveillance takes place.

Such installations always require human operators.

One thing that stands out with these systems, and which we’ve all been through and which causes frustration, queues and delays, is that they have many so-called “false positives”. They simply often warn for items that are not dangerous.

Patriot One Technologies PATSCAN CMRTM can be hidden and takes up very little space (510.5mm x 363.2mm x 93.9mm or 20.1” x 14.3” x 3.7mm). See below. It can be hidden behind walls, cabinets, receptions, ceilings.

One obvious advantage of PATSCAN CMRTM is that it moves the location of the threat detection further away from the place where the perpetrators can cause the greatest damage.

The system also does not require consent from individuals. This is usually a limitation and is part of the explanation as to why so many sites lack systems that can detect hidden weapons.

 

How Does PATSCAN CMRTM Detect Hidden Weapons?

The product system PATSCAN CMRTM is based on a technology that is called Cognitive Microwave Radar, CMR. This is the very latest technology for scanning individuals for hidden weapons. The system can scan individuals both openly and covertly, that is, without the individual being aware of it. For example, PATSCAN CMRTM can scan an individual who is entering a building and discover if he/she is wearing a hidden weapon. Without the person even knowing about it. Whether the weapon is a gun, a knife, a hand grenade, an explosive vest and/or belt, etc.

Patriot One Technologies product system PATSCAN CMRTM thus uses a “smart” radar to detect hidden weapons. Everything happens automatically by a smart computer – PATSCAN CMRTM – in real time and is completely computer-controlled. People are not needed when scanning.

This is how it works technically. PATSCAN CMRTM transmits radar waves which bounce back. The radar waves are then analyzed by the cognitive software. But what is analyzed by the software and how does it work? Everything happens in real time and fast. The software receives and processes the incoming radar waves. It automatically transforms them into an image of the detected threat/weapon. The image is thus simply created by the rebounding radar waves. The software then makes a quick run of the drawing in a large database of well-known weapons of various kinds and can with great certainty determine whether anyone is wearing a gun, a rifle, an explosive vest and/or belt, knives etc. The whole system is controlled by advanced mathematical algorithms.

But as if this was not enough, the product system even detects hidden irregular objects. This means that even new unknown potential weapons will be identified.

Unlike existing systems on the market, PATSCAN CMRTM is not only significantly cheaper. The system only needs one scan and can be used covertly. The product system can also be used from all different angles, such as front, rear, side and bottom.

 

PATSCAN CMRTM Data Sheet

 

Source: https://patriot1tech.com/solutions/patscan-data-sheet/

The Size of PATSCAN CMRTM

Antenna Housing: 305mm x 305mm x 57mm (12” x 12” x 2.25”).

Electronic Housing: 510.5mm x 363.2mm x 93.9mm (20.1” x 14.3” x 3.7”).

 

Source: https://patriot1tech.com/solutions/patscan-data-sheet/

Numerous areas of usage

Because the fact that the PATSCAN CMRTM is portable and very small, it provides almost endless possibilities of placement. It can simply be placed in a whole lot of places and offers the customer a great level of flexibility. In small spaces like behind a desk, one detector is sufficient. For larger spaces, several detectors can be used. Each detector has a range of 2 meters and by using several detectors, the scanning area can in principle be as wide area as the customer wishes.

The product is usually placed in access points, i.e. in entrances, passages, receptions or places where people have to pass. Thanks to the unlimited number of scanners that can be placed, PATSCAN CMRTM can cover larger crowds and areas where many people pass. This not only saves time and human resources. It also avoids giving up on our open and free societies. And avoids causing practical concerns such as long queues, delays and frustration. All in a safe, discreet and secure manner. You simply will not notice it. PATSCAN CMRTM sensors regularly scan the individuals who pass and can discreetly identify an individual wearing a hidden weapon and warn security personnel and / or law enforcement agencies such as police, security services and other authorities.

PATSCAN CMRTM can thus be placed already at airport entrances for example, unlike the metal detectors that currently are located far into the airport at the security checkpoints where more people are located.

Patriot One Technologies has a product that can be used in a wide range of sites, places and areas.

The product system is connected to computers, mobile phones and / or to a local alarm. Personnel can thus at a distance receive warnings if weapons were detected.

A place of special interest to install the PATSCAN CMRTM is at entrances to school buildings, where it could identify a potential perpetrator before he or she actually enters the premises and warn the authorities before the threat can enter the school and carry out the attack.

The PATSCAN CMRTM brings the opportunity to covertly lessen threat exposure and increase the safety perimeter.

Patriot One Technologies is also developing the PATSCAN CMRTM to make it handheld. This would increase the already numerous areas of usage even further. For example, it would bring the opportunity to attach the device to police cars or even to police officers themselves to scan the vicinity and reveal whether a person is carrying a weapon.

 

A Unique Ability to Learn – Machine Learning and Artificial Intelligence (AI)

Patriot One Technologies innovative radar system has a unique cognitive ability. The system is of course prepared and fully operational on delivery. But what makes the product stand out even more is the system’s artificial intelligence (AI) and ability to learn (Machine Learning Algorithms). PATSCAN CMRTM continues to learn on-site when installed. It simply becomes smarter on-the-job. That way, it improves on its own. Just as people do by gaining experience. PATSCAN CMRTM simply becomes even better and smarter on detecting hidden weapons for every scan it performs. PATSCAN CMRTM learns from its previous measurements and thus continuously develops its ability to detect weapons as well as irregular objects.

And If the customer has multiple PATSCANS at separate locations, each scanner’s learning is shared to the system’s all devices. All new weapons and warnings are also sent to the central weapon database. Thus, all of the company’s customers will benefit from the new information.

Here is what CEO Martin Cronin has to say about what makes Patriot One Technologies unique.

Q.) There are no shortage of security companies in today’s world. As your site correctly suggests, there is a rise in domestic active shooting incidents. How is your technology unique compared to other detection companies? Is it the ability to learn over time?

A.) That’s the key feature of it. It’s the fact it is using machine learning to make very accurate determinations for concealed weapons. But there are a number of aspects to it. The current technology space is occupied by technology we’ve seen for a very long time: hand held wands, metal detector arches, etc. These tend to be fixed and highly visible pieces of equipment that require human operators. And they have a lot of false positives. Our equipme nt can be deployed covertly and has a very small space profile; it can be behind a wall. It allows you to push your security parameter way out, beyond the point people are expected to be searched. It doesn’t require subject compliance. It doesn’t require a human operator. We can network alarms and signals, and you can use your personal much more efficiently with that technology.

Machine Learning AI

Source: https://patriot1tech.com/solutions/how-it-works/

Can Be Integrated into Existing Security Systems

PATSCAN can also be integrated into other existing security systems, for example a locking system for doors. This way, the system can simply ensure that doors, passages, entrances – either in close proximity to the scan or further into the building where more people may stay or where sensitive data is stored – are locked when a threat is identified by the PATSCAN CMRTM. This ensures that the perpetrators cannot cause the damage they intended and prevents them from entering an area.

It simply comes down to what the customers wants. Camera surveillance is another type of security that many customers already use that can be integrated into PATSCAN CMRTM.

Here is what CEO Martin Cronin says on the subject:

”I think our technology allows for the more efficient deployment of human resources. We can get real time information on the presence of threats. They can be monitored or tracked if that’s what the client wants to do by integrating with CCTV and other systems. Or you can have that real-time information at the point of detection. By deploying smart technology like ours, police departments and security professionals can be much more efficient deploying human resources.”

Weapons Database

Patriot One Technologies has a comprehensive and exclusive network of law enforcement agencies that provide the company with regulated access to global weapon collections. This means that the product’s system software, in addition to being cognitive and self-learning, is constantly updated as to which weapons it will recognize and identify. The weapon comparison database used by the system is continuously updated.

Accuracy

The Patriot One Technologies’ system has undergone extensive testing in reality. Over an extended field trial period, the system successfully and consistently detected concealed weapons with zero false negatives and a false positive rate of less than 5 per cent.

Zero false negatives mean that the system detected all weapons. False positive rate is used to tell how often the system flagged for non-weapons as a threat. These results are far superior to existing security systems.

Awards

Patriot One Technologies was awarded the Security Industry Association’s prestigious award for best new product in the field of counter terrorism / force protection in 2017. The winner is appointed by security managers for some of the world’s largest security organizations. The award was presented during the International Security Conference & Exposition, which is the largest security conference in the United States.

Awards.png

Customers and Agreements

Here is a list of agreements that Patriot One Technologies has signed in a very short time period, which strengthens the company’s and product system’s attractiveness in the market.

  • 13 mars 2017 — Patriot One partners with prominent Jewish Community Center to deploy concealed weapons detection system.
  • 20 mars 2017 — Entry into its first overseas distributor agreement with Kinetic Six Ltd. (“Kinetic Six”) of Hereford, UK.
  • March 23, 2017 — Patriot One announces evaluation and purchase agreement with iconic Las Vegas property, Westgate Las Vegas Resort & Casino, to install concealed weapons detection system.
  • March 29, 2017 — Patriot One signs reseller agreement and purchase order with South African security firm, Mutual Safe and Security Group, to become latest reseller of concealed weapons detection system.
  • April 13, 2017 — Patriot One Announces Canadian Research Partnership Grant to advance concealed weapons detection PATSCAN 2.0. NSERC’s Idea to Innovation grant supports technological evolution.
  • April 26, 2017 — Entry into an agreement with a strategic industry partner aimed at significantly broadening its ongoing product commercialization activities. Patriot One explores strategic relationship with Tier 1 Integrator and advances concealed weapons detection opportunity with global partner.
  • May 10, 2017 — Entry into a reseller agreement with information technology communications contracting firm JJB Federal LLC and its specialty sales division UnitedEye Inc., based in the Washington, DC area.
  • May 25, 2017 — Entered into a reseller agreement with systems integration experts SENGEX of McLean, Virginia. Patriot One and SENGEX accelerate PATSCAN delivery to U.S. Government agencies.
  • June 29, 2017 — Entered into a reseller agreement with accredited national systems integration experts, Aotea Security (NZ) Ltd. of Dunedin, New Zealand.
  • September 6, 2017 — Gains Industry Canada Approval and initiates September installations of weapons detection system to law enforcement customers. Deployments to commence at covert urban locations in Canada.
  • October 2, 2017 — Patriot One Receives FCC Approval for PATSCAN CMRTM Paving Way for Commercial Roll-Out. Major Milestone Achieved in Less than a Year by Concealed Weapons Detection System Developer.

Former Head of Department of Homeland Security as Strategic Advisor

The fact that the company has appointed the former Homeland Security Chief Tom Ridge as strategic advisor entails as a direct channel into the US government as you can get. The knowledge, the influence and the network that he carries with him is indispensable in terms of signing new customers on the US market in general.

Here is how the company’s CEO Martin Cronin sees it:

“This is a very proud day for our entire team at Patriot One Technologies. Gov. Ridge’s remarkable career has provided him with an extraordinary perspective into the many complex issues in the security industry today. His strategic insight and access throughout the sector are an immense asset to our efforts both at home and abroad. Without reserve, I am confident in stating that today’s appointment is a major milestone in our corporate growth, strategic planning ability, and depth of leadership. On behalf of our entire team I wish to welcome Gov. Ridge onboard, and personally look forward to working together to make Patriot One the leader in weapons detection technology around the globe.”

Parntered With Rigde Global

Business Model

Revenues are mainly generated through the sale of:

  • The hardware (PATSCAN CMRTM)
  • Monthly subscription for access to updated software and weapon database

Through the monthly subscriptions, Patriot One Technologies ensures regular revenues during the entire period of time the customers use PATSCAN CMRTM. This is a proven method and smart source of income. Customers will be charged a fixed price for the hardware, but in order to access the necessary software, buyers must also subscribe to the software through a monthly subscription.

Patriot One Technologies’ strategy is to use large, established and reputable retail partners to handle sales. See the list above om entered agreements and partners. In the long term, these partners will also be responsible for the installation. This is to give Patriot One Technologies the opportunity to focus on the core area and to scale up the business.

Here is what CEO Martin Cronin says about the importance of partnerships:

“Working with major commercial partners exactly aligns with our business model, as it offers extraordinarily attractive opportunities to propel our product roll-out and holds the potential to drive significant awareness of our product’s ability to decrease the menace of random public violence. We are benefitting from a period of intensifying interest and have greatly appreciated inquiries from a number of leading integrators, major potential distributors and resellers from literally around the globe.”

Price and Margins

  • Retail price/unit PATSCAN CMRTM: $10 000.
  • Cost of Goods Sold: $3 000. This cost will decrease even more as production volumes increase.
  • Monthly subscription/unit: $500

Source: http://levfive.com/assets/P1T_Reportfinal.pdf

Business Model

Revenues are mainly generated through the sale of:

  • The hardware (PATSCAN CMRTM)
  • Monthly subscription for access to updated software and weapon database

Through the monthly subscriptions, Patriot One Technologies ensures regular revenues during the entire period of time the customers use PATSCAN CMRTM. This is a proven method and smart source of income. Customers will be charged a fixed price for the hardware, but in order to access the necessary software, buyers must also subscribe to the software through a monthly subscription.

Patriot One Technologies’ strategy is to use large, established and reputable retail partners to handle sales. See the list above om entered agreements and partners. In the long term, these partners will also be responsible for the installation. This is to give Patriot One Technologies the opportunity to focus on the core area and to scale up the business.

Here is what CEO Martin Cronin says about the importance of partnerships:

“Working with major commercial partners exactly aligns with our business model, as it offers extraordinarily attractive opportunities to propel our product roll-out and holds the potential to drive significant awareness of our product’s ability to decrease the menace of random public violence. We are benefitting from a period of intensifying interest and have greatly appreciated inquiries from a number of leading integrators, major potential distributors and resellers from literally around the globe.”

Cash

Patriot One Technologies has recently received more than $10 million through issue. The company already generates revenue through sales and has already sold 300 units. With a margin of 70 percent this has generated $ 2.1 million. Note that sales are now entering an intensified stage and will therefore increase. The company has already received orders for 2018. See more below.

Sales

  • Already after three months (March 2017), the company had received orders equivalent to 90 percent of the sales target for 2017. Until the approval in Canada (6th September 2017) and the United States (October 2, 2017), Patriot One Technologies was not allowed to commercialize its products. That is simply what the law looks like, nothing strange about it.
  • Patriot One Technologies’ CEO Martin Cronin explains this pedagogically in two separate interviews on August 21, 2017 and September 26, 2017 respectively. He also explains what the company is undertaking right now to launch large-scale sales, which also happens to be the company’s strategy. In short, Patriot One Technologies has been very selective in its choices of initial customers. A small number of early adopters / key customers have been handpicked, who must work with Patriot One Technologies to test and evaluate the product.

“So, we’re having to identify some early adopter clients who we can work with who will be a key point of reference in the market and who have the level of sophistication to work with us to look at how best to deploy, make sure that we can learn any lessons from the field that we haven’t anticipated and that they as a client can really think about how they can deploy it.”

“So, the initial roll out is a relatively small number of sites with early adopter clients, so … they can learn how to implement the system. That will prepare us for a mass market roll out in 2018.”

  • Patriot One Technologies achieved its yearly sales target as early as in May 2017. The 2017 production target of 300 units has also been reached.
  • The company has already started to receive orders for 2018 and is now in the midst of intensifying sales for Q1 2018, one of the company’s milestones. See “mass market roll-out” below.
  • The company has recently communicated that they are currently in talks with the largest security solutions companies and will conduct pilot projects with these companies. The relationship with these companies may look quite different from the relationship with the dealers. There may be sales on a license or even an OEM (Original Equipment Manufacturer -a company that manufactures the final product that can be sold in the open market).
  • Patriot One Technologies’ challenge is, according to CEO Martin Cronin, what customers to choose, not to acquire customers. Interest is simply overwhelming and the company is being approached daily by buyers from around the globe.
  • Patriot One Technologies currently has a production capacity of 300 units per month, but will shortly increase it to between 1000 and 2000 units per month. CEO Martin Cronin communicates that the company’s production needs for the next 12 months are thus covered.
  • In 2018 a mass market roll out will take place.
  • Patriot One Technologies milestones:

Key Milestones Targeted by Patriot One UPDATED.png

  • Here is an excerpt from an interview with CEO Martin Cronin where he describes the company’s strategy and demand for their product.

Q: So, you start with customer installs in the 4th quarter. What sort of customers are you seeing and what sort of customer traction are you getting initially?

Martin Cronin: Our challenge really is who do we choose. We’ve had such overwhelming interest. Clearly this is a technology whose time has come. We’re getting approaches. Literally on a daily basis from right across the world. So, we’re having to identify some early adopter clients who we can work with who will be a key point of reference in the market and who have the level of sophistication to work with us to look at how best to deploy, make sure that we can learn any lessons from the field that we haven’t anticipated and that they as a client can really think about how they can deploy it.

So, the sort of clients that we are talking to is of course in government federal departments, in mass transportation, in tourism & hospitality, casinos, the health sector, higher education, retail… the list is almost endless and we know that we can’t just do it all in a drop of a hat, we can’t turn on the shift and just ship units out tomorrow. That will be a recipe for some failures in the market. We can’t afford to do that. So, we’re picking them very carefully. We’ll have some key reference clients here in Canada, some key clients in the US, we’ll be doing an installation in London, and we’ll likely be doing one in South Africa.

Q: So, you talk about being sold out through the 4th quarter and possibly beyond. Can you talk a little bit about the production site, what the constraints and bottlenecks are and how you’re going at it from that standpoint?

Martin Cronin: Sure. Our supply chain is well locked down. We, in our business plan that we communicated to the market, said that we had a target of 300 units the end of this year. Those are all now pre-committed with clients. Our supply chain – the item with the longest lead time is the signal generator which is produced for us on a contract in the US. They can do currently 300 units a month which additional lead time with retooling. They can ramp that up to 1 000 or 2000 units a month. So, we have supply chain locked down for our immediate demands for the next 12 months and were already working on much higher volumes that we anticipate beyond that period.

Approvals in the United States, Canada and Europe

Patriot One Technologies received approval for its product system by Innovation, Science and Economic Development Canada on September 6, 2017.

The US approval came when the FCC approved the product on October 2, 2017.

In addition, the company has obtained CE-marking for its products by European authorities, which means that the products meet the requirements of the EU and that it can therefore be sold in the EU’s internal market.

Patents

“We have filed patents in multiple jurisdictions and we will vigorously defend them. Nevertheless, there are also significant technical barriers to a competitor emerging in any short time frame. There are many years of highly complex, world class development behind our solutions.”

“With the patents they have in place, Patriot One has a lock on the 500 megahertz to 4.8 gigahertz spectrum for detection. These are the wavelengths deemed, by third parties, to be the most effective in covert weapons detection systems.”

Markets

According to the MarketsandMarkets, the threat detection systems market was valued at $48 billion in 2015 and is estimated to reach $119 billion in 2022 with average annual growth of 13.1 percent. Furthermore, increasing threat of terrorist activities, rising territorial conflicts, and geopolitical instabilities have led to the rise in the demand for threat detection systems. Also, increasing need for large-scale surveillance systems at public and commercial places is driving the demand for threat detection equipment.

The Security Screening Market, which is a submarket to the threat detection systems market (X-Ray & Biometric Screening System, EDT, & Metal Detector at Airport, Government, Border Security, Education, and Private & Public Places) is estimated to $9.1 billion in 2020 with average annual growth rate of 9.5 percent.

Smallcapnetwork estimates the anti-terrorism market to 117 billion CAD.

Triggers

  • Installation of the product system at key customers / early adopters and evaluation under sharp conditions (in the environments for which the product is to be used). The company’s planned annual production of 300 units has already been sold to key customers / early adopters. These have now begun to be installed and will continue to be installed during Q4. The evaluation will set the level for future sales.
  • Ramp up marketing.
  • Production up-scale. Patriot One Technologies has publicly stated that demand for the product is unimaginably high.
  • New partnerships and agreements in the field of resale, distribution, production, installation, etc.
  • New orders. Obviously an extremely strong trigger when orders increase. I reiterate that the company as early as this summer had pre-orders corresponding to the entire yearly planned production.
  • Penetration of markets outside North America.

Further reading available here, including two interviews from CEO Martin Cronin.

Links to DCF-Analysis and ”Fair Price Value”

As a principle, I do not set any fair price value publicly. Since many readers have expressed wishes that I post what I believe to be a fair price value, I will link to a DCF-analysis which is not my own. Please note, therefore, that I’m not the one who calculated this value and I do not take responsibility for how you act on this information.

Final Words

I think that anyone who is the least interested in investing in shares should take a look into Patriot One Technologies. Please do not simply take my word for it. Do your own research and digging and collect all the information you can get. Only then can you make an informed assessment. As always. Only a fool invests blindly. 😉

In conclusion, I quote one of the analyzes which is linked to below.

“The Company has already announced that production for the balance of 2017 is sold out. They are taking orders for 2018 and are also partnering with major security systems integrators like Siemens and Tyco.

In my opinion, 2018 will be a blockbuster year for Patriot, with sales potentially reaching $25,000,000. This is just the tip of the iceberg as the potential areas of application for PATSCAN are too numerous to count. They include all public areas like subways, schools, movies, mall, hotels and casinos.

I believe that, for a disruptive technology like PATSCAN, the market could put a multiple on this of 10X revenue. If that were to happen, Patriot One would be between $4 and $5 per share US. That is the potential upside we are looking at.”

Disclaimer

I want to clarify that this is a post based on information about the aforementioned company and my own theories and findings. Everything that is presented in this post should therefore be seen as my own opinions. I never publish any fair price value in my analyzes or posts because I think everybody should do this for themselves and form their own opinion. Having said that, for reasons already mentioned, I have in this post chosen to post a link to an DCF-analysis not made by myself. I want to emphasize that the post is aggregated information and my own theories about what may happen in the future. This should not be seen as any advice. I own shares in Patriot One Technologies. You alone are responsible for your investments and for making your own analysis before investing. I never get paid to write anything. All thoughts and opinions are my own.

Link Collection

About the Product

https://patriot1tech.com/nforce-cmr1000-product-demonstrat…/

https://www.youtube.com/watch?v=jHH7sSDKVpY

https://www.youtube.com/watch?v=uwpMbxEQ4mE&t=3s

https://patriot1tech.com/company/about-us/

https://patriot1tech.com/solutions/overview/

https://www.youtube.com/watch?v=f2CS6XOofVg

On Sales

https://robertveritas.wordpress.com/2017/10/18/patriot-one-technologies-still-strong-case/

Interviews with the CEO

http://business.financialpost.com/…/podcast-patriot-one-tec…

http://tailwindsresearch.com/2017/08/patriot-one-ceo-interview/

https://investingnews.com/daily/tech-investing/cybersecurity-investing/martin-cronin-patriot-one-technologies-expects-fcc-approved-us-imminently/

https://www.youtube.com/watch?v=mriBdeexVH0

https://www.youtube.com/watch?v=tXZsyYJcusQ

Information and Potential

https://www.wealthdaily.com/…/stop-mass-shootings-with…/8914

https://seekingalpha.com/…/4086132-patriot-one-technologies…

https://www.sourcesecurity.com/…/las-vegas-massacre-demands…

http://tailwindsresearch.com/…/this-patriot-missile-is-in-…/

http://concealednation.org/…/concealed-weapon-detection-sy…/

http://levfive.com/assets/P1T_Reportfinal.pdf

https://www.youtube.com/watch?v=2mwE90JSi_M

The Founder

http://underdog.nyc/dinesh-kandanchatha

Tom Ridge

https://patriot1tech.com/…/patriot-one-welcomes-governor-t…/

https://www.dhs.gov/thomas-j-ridge

Sales and Expansion

https://finance.yahoo.com/…/patriot-one-receives-fcc-approv…

https://patriot1tech.com/…/patriot-one-receives-fcc-approv…/

https://patriot1tech.com/…/patriot-one-marks-3-months-glob…/

Customers, Partnerships and Agreements

https://patriot1tech.com/…/patriot-one-signs-reseller-agre…/

https://patriot1tech.com/…/patriot-one-obtains-purchase-ag…/

https://patriot1tech.com/…/patriot-one-sengex-accelerate-p…/

https://patriot1tech.com/…/patriot-one-initiates-pacific-r…/

https://patriot1tech.com/…/march-networks-patriot-one-anno…/

Analyzes

https://www.youtube.com/watch?v=bJazCdIkkNQ&app=desktop

http://3aqx6p17ro1z1gp14zpeaxdg-wpengine.netdna-ssl.com/…/P…

http://tailwindsresearch.com/…/patriot-one-technologies-in…/

https://insiderfinancial.com/patriot-one-techno-com-npv-otc…

http://www.bnn.ca/…/michael-smedley-discusses-patriot-one-t…

http://www.bnn.ca/…/bruce-campbell-discusses-patriot-one-te…

http://tailwindsresearch.com/…/patriot-one-about-to-break-…/

http://tailwindsresearch.com/wp-content/uploads/2017/06/Patriot-One-Initiation-Report-1.pdf

Newsletter

https://patriot1tech.com/…/nforced-patriot-one-newsletter-…/

Feel Free to Follow Me on my Blog and Social Media

Blog: https://robertveritas.wordpress.com

Twitter: @robertVERITAS: https://twitter.com/robertVERITAS?s=09

Facebook: https://m.facebook.com/RobertVeritas-1698430126848323/

LinkedIn: www.linkedin.com/in/robert-veritas-387309151

Good Luck!

/RobertVERITAS

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