posted
President of CGM Applied Security Technologies Derails Dept. of Homeland Security Plan to Use RFID Technology to Track Foreigners
By PrimeZone Last Update: 7/29/2005 1:16:58 PM Data provided by
SEA GIRT, N.J., Jul 29, 2005 (PRIMEZONE via COMTEX) -- Erik Hoffer, president of CGM Applied Security Technologies, a subsidiary of Digital Descriptor Systems, Inc. (DDSI) (Pink Sheets:DDSI), and renowned expert in protective security technology for global supply chain, stated that the Department of Homeland Security's decision to use radio frequency technology (RFID) to help monitor possible terrorist and criminal activity will not protect U.S. citizens from terrorist activity. Department of Homeland Security announced this week that wireless chips for vehicles will become mandatory at five border posts with Canada and Mexico to track foreigners driving in and out of North America.
"Installing an RFID chip is in effect taking the chip and throwing it in the garbage - aside from believing that you are actually making the country safer," Hoffer remarked. "Terrorists need only have access to the country once - they come for a purpose and rarely - if ever - commute."
September 11th and the London bombings demonstrate that terrorists have a one-way mission, and the best that citizens can do is to keep terrorists out of the country or try to keep them out of attractive terrorist sites. Terrorists must first be identified, and using RFID does not do anything to meet those goals.
DDSI develops and markets a suite of imaging identification products for law enforcement agencies. "Terrorists do not want their faces attached to documents or on file - creating a database of who is entering the country helps ensure that once someone has been identified as a potential risk, we can use image technology to alert local and federal law enforcement agencies."
About CGM Applied Security Technologies, Inc.
CGM is a leading manufacturer and distributor of Homeland Security products including indicative and barrier security seals, security tapes and related packaging security systems, protective security products for palletized cargo, physical security systems for tractors, trailers and containers as well as a number of highly specialized authentication products. A complete description of our anti-theft and tamper-evident products can be found on the web at www.cgmsecuritysolutions.com.
About Digital Descriptor Systems, Inc.
Headquartered in Sea Girt, New Jersey, DDSI develops and markets integrated enterprise-wide image applications designed especially for criminal justice organizations. Customers include states, cities, counties, corrections, justice, and public safety agencies. More information is available at www.ddsi-cpc.com.
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Can someone tell me how many O/S there are. Seems like an exciting co. Kinda surprised the pps is so low and has stayed low for such a long time with the good PR's they've had. This really looks good to me and I was thinking on getting in Monday. Any info would be great.
-------------------- It's only money..We'll make more tomorrow!
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posted
O/S seems to be around 400 mil., not sure though but the last move it made ,a couple weeks ago seemed to confirm that..if i remember right around 50 mil were traded and it got to .001; it is due for a breakout next week seeing what the MM's did today Had the bid at .0003 and were buying at .0004. JMHO Monday they may try to scare out more investors
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Been reading everything I can find the past hour or so. Based on the pps I was thinking it was over 1 billion o/s but I'm a novice at this stuff. Anyway it seems like their products are GREAT and you would think it would be in high demand. I'll get 1 mill at least Monday if not more. Sure would'nt break my heart to see it do 1/3 of hisc. Thanks for the help and good luck to all.
-------------------- It's only money..We'll make more tomorrow!
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How could you not like this for next week. I realize I am new, but this stock has had a consistant low of 0.0005 and now it has dipped to 0.0004. Seems like a great buying price. I have trouble believing it won't at least get back to 0.0005, and probably 0.0006 or more.
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QUESTION??? I bought 1 mill. this morning. Last Fridays news wasn't anything big. Why is the volume and pps up so much? Is there more news on the way I don't know about or what? Thanks.
-------------------- It's only money..We'll make more tomorrow!
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quote:Originally posted by DQ.: QUESTION??? I bought 1 mill. this morning. Last Fridays news wasn't anything big. Why is the volume and pps up so much? Is there more news on the way I don't know about or what? Thanks.
MOMO? dont know much about the CO. I am just playing the momo.................
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I like it...If we get same volume as today we'll surpass .001, unless bring it down first,,,which they may to get people to sell who bought in today
Then again that might not happen till Wed. I'm still in 3 mil. till at least Tom.
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