Transense Technologies TRT.Will deliver first revenue streams shortly. Absolutley enormous tecnonlogy spread across automotive industry. Sensors will be used from Tyre pressure monitoring to engine checking by individual piston. Only Major licencees including Michelin, Honeywell and Lear corp. Company has also just announced licence extension for Honeywell to cover non-automotive applications. Company cash burn is minimal with licencees taking all the burden of product manufacture.
Biggest attraction is that revenues will go back to shareholders via dividends that should be significant when compared to current SP. Company valued appr 7 times current value several years ago just on hope. Reality however, dictated the story would take much longer to unfold than first thought. That time has now come.
A ten bagger in a year well that's a tough call but maybe a thirty or forty bagger in six years, how's that.
DYO (carefull and extensive) R.
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