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How This Tech Company Can Stop Gun Violence Before It Happens

Business 101: the best kind of business to start is one that solves a problem, and the bigger the problem, the bigger the opportunity to make a successful impact.

With weapons violence continuing to happen around the globe, the market for those who want to save lives by lessening the effectiveness of those weapons is huge. According to Zion Market Research, the global cyber weapon security market will reach $524 billion by 2022.

This is what Patriot One (PAT.V) plans to do, and the market has been loving it.

Patriot Stock Analysis

Patriot recently raised $46 million dollars in a bought deal, which brings their current cash position to $80.3 million with liabilities of only $714,789 making their current ratio a staggering 52.06 (1.5 is considered healthy by Warren Buffett’s standards).

Patriot comes with little to no baggage having 0 long term debt, giving them a debt/equity ratio of 0.

 

 

How The Tech Can Save Lives

Patriot One Technologies Inc. aims to directly address the very real and growing Active Threat phenomena which has become a significant force for shaping research in weapons detection. 

Here’s a great investing tip: It’s easier to predict society than it is to predict the market.

Market trends are usually impossible to see coming until it’s too late, and anyone who claims to have a crystal ball should be walked away from slowly. The main thing that makes Patriot One Technologies interesting is it’s not based on a market trend, it’s based on a deeply routed sociological trend that has shown no signs of stopping.

That trend is weapon violence, whether it’s guns, knives, bombs or anything in between.

Patriot has built a radar system along with proprietary software to scan for weapons, those x-ray images are quickly cycled through a database to find a match for a weapon. If a match comes up, alarms will sound and the perpetrator stands a bleak chance at escaping, especially in place like Las Vegas.

Last week Patriot also announced that it was partnering with security giant Cisco (CSCO.Q). The program will provide co-innovation and co-creation efforts for the integration of Patriot One’s PATSCAN threat detection solutions alongside Cisco security and network solutions, including framework architecture, installation, and data management.

The trend I mentioned earlier wasn’t necessarily number of gun deaths, but attention and awareness around gun deaths.

While overall gun deaths have decreased in the US, mass shootings have increased and this has brought a lot more attention to the topic. Sadly, the way the news works is: the more extreme the story, the more coverage it gets. Even though the numbers have dropped, they are still abhorrently high in places like the US.

On the bright side, more people are now aware of the problem and Patriot One is a company who can actually help the situation that so many eyes are on.

To learn more about Patriot check out this article:

https://highenergytrading.com/this-canadian-tech-stock-built-around-minimizing-gun-deaths-is-very-popular-in-scandinavia/

Disclaimer: Patriot One is a paid client of High Energy Trading, click here to read full disclosure.

High Energy Trading is not a licensed broker-dealer, market maker, investment advisor, or underwriter. All information that we provide is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities.

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