HotOtc.com - MTCH on Fox News, MSNBC, coming off 52wk low
Watch List for Monday 12-28-2009
My new big pick is MTCH.
MTCH looks very attractive right now since it's at a low and the Transportation Bill is going to pass soon!!!
Getting involved with a needed technology company when it's at a low could be very lucrative.
If you go to the MTCH website you will see that the company has been on a few major News TV shows: http://www.matechcorp.com
It's obvious that MTCH possesses advanced technology to put them on these major News shows!
Even if MTCH didn't test highs made just a few months ago, even a test of half that level could mean big gains from the current level!!
With over 200,000 steel bridges in the U.S. inspected every other year, the need for more cost-effective and reliable methods of determining cracks in bridges is overwhelming. The National Highway Bridge and Reconstruction Act focuses on the use of these technologies, of which MATECH's EFS is a leader.
Bridge collapses is a huge and dangerous problem.
Check out this video of a bridge collapse in Minnesota: http://www.youtube.com/watch?v=nerQhIyOwxM
Video 2: http://www.youtube.com/watch?v=QD20rCe_UAw&NR=1
This could of been prevented with the technology from MTCH!
MTCH expects to benefit significantly from the Federal Transportation Bill which is now expected to become law in early 2010.
The transportation plan, put forth by the Chairman of the House Transportation and Infrastructure Committee, Rep. Jim Oberstar (D-MN), would allocate $500 billion for the country's crumbling infrastructure.
The bill, which passed the House Committee in 2008, calls for the utilization of advanced, cost-effective technologies to determine cracks in bridges which are often missed by traditional methods (i.e. visual inspection). A visual inspection study conducted by Federal Highway Administration (FHWA) concluded that inspectors found cracks less than 10% of the time, proving that visual inspection was critically unreliable. In addition, the study also showed that 80% of the repairs implemented after visual inspection were unnecessary.
MTCH's Electrochemical Fatigue Sensor is currently the only nondestructive method on the market able to detect growing cracks as well as subsurface cracks as small as 0.01 inches in steel bridges, significantly surpassing the sensitivity of other inspection technologies. MATECH's EFS(TM) has proven its efficacy on over 35 bridges in 10 different states across the nation, as well as several railroad bridges.
The MTCH technology does the following:
Accurately detects growing fatigue cracks in metal structures under cyclic loads.
-- Detects remarkably tiny cracks -- as small as 0.01 inches.
-- Reliably identifies both surface and subsurface cracks.
-- Reports data in an easy-to-understand visual format.
-- Eliminates the subjectivity of visual inspections alone.
MTCH's technology is not restricted to America only. They recently announced they are to form a Brazilian Subsidiary to market in South America.
Make sure you do your own research, I think you will conclude that MTCH looks very attractive at these levels with the technology they have in hand and the need for it. Every country is going to need this.
If the safety of our lives is of any importance then cities and Gov. agencies will need MTCH.
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