BNET Industries

Market Cap:$35.4M
  • Public
  • US
Dow Jones Description

Valley Forge Composite Technologies, Inc. is a public company trading on the OTC BB under the symbol VLYF. The events of September 11, 2001 have ushered us into what promises to be a generational struggle against international terrorism. The screening technology in use today to ensure bombs, drugs, guns and biological weapons are not brought into our ports or onto our airplanes is largely based on X-ray images. Questionable or fuzzy images mean containers or bags must be taken aside and unloaded by hand in the quest to find something amiss. Plagued by a high "False Positive" rate and subject to operator interpretation, X-ray technology allows for the screening of only a fraction of the 16 million cargo containers arriving in the US by ship. Additionally, recent FAA testing of airport luggage has again shown a high false positive and negative failure rate due to the ineffective penetration of shielding and excessive demand for operator interpretation. On August 11, 2006 congressional representatives united to call for advanced screening technology to be deployed at U.S. airports. According to House Chairman James Clyburn of South Carolina "It's time for a new direction in homeland security which includes next generation technologies at our airport screening checkpoints ..." ...

Number of Employees 34
Contact Information

River Center I

50 E River Center Blvd, Suite 820

Covington, Kentucky 41011

www.vfct.com

859-581-5111

NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220

News & Analysis

valley forge composite technologies inc. - All News and Analysis

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     VLYF $0.65 +0.07 (13.04% )
Average Volume 46,473
Shares Outstanding 54.57M
Market Cap 35.5M
Year High 0.7
Year Low 0.08
Earnings Per Share -0.05
P/E Ratio -13.00
Dividend N/A
Yield N/A
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