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21.03.2019
Plymouth Rock Technologies Featured on MicroCap.com Blog

Plymouth Rock Technologies Featured on MicroCap.com Blog

 

Vancouver, BC – March 21, 2019 – Plymouth Rock Technologies Inc. (CSE: PRT) (FRE:4XA WKN# A2N8RH) (OTC: AXDRF) (“Plymouth” or the “Company”) is pleased to announce that it has been featured on MicroCap.com. Founder and Publisher of MicroCap.com is Danny Deadlock, a Canadian based full-time microcap equity analyst.

 

Please read the full article (in English) below:

 

PRT Market Cap $17 Million. Closest Comparable (PAT.V) $380 Million

https://blog.microcap.com/wp-content/uploads/2019/03/PRT-somedia-678x381.jpg

Plymouth Rock Technologies (PRT:CSE .54)

https://www.plyrotech.com/en/

 

“Plymouth Rock Technologies Inc. is committed to the development of technologies related to the remote detection of assault firearms and suicide bombs concealed on the person or a carry bag. Plymouth Rock focuses on detection methods without the need for a checkpoint or the compliance of the suspect who is being screened. Plymouth Rock’s technologies encompass the very latest radar techniques for quickly detecting, locating and identifying the presence of threats.”

 

 

https://blog.microcap.com/wp-content/uploads/2019/03/PRT1.jpg

 

Market Cap Comparison:

 

-                      Patriot One - $310 Million (after removing $70 Million in cash)

-                      Plymouth Rock - $17 Million (based upon 32M shares outstanding)

 

Patriot One (PAT:TSXV $2.70) has a market cap of $380 Million. They had negligible revenue in 2018 but they do have approx. $70 Million in the bank after raising $46 Million in November at $2.50. The valuation is abnormally high when they have no revenue, but investors are willing to pay a significant premium for (potential) future revenue. Patriot has a covert weapons detection system that uses microwave technology from a wall or ceiling mounted box to scan within a few metres for concealed weapons. It was very well marketed / promoted so they managed to get a lot of traction and a very high valuation.

 

By comparison, PRT is VERY unknown as they are an American based company and to date (although this will begin to change), they have been non-promotional. But fundamentally when compared against PAT, PRT is very impressive.

 

 

 

Plymouth Rock went public through a reverse takeover mid 2018 and started trading November 1st. The market has ignored them, and I had also never heard of them - until this past week when they issued news that they had locked down new shoe-scan technology.

 

https://www.plyrotech.com/en/investors/press-releases (in German: https://www.plyrotech.com/de/investoren/pressemitteilung)

 

There is no doubt, this is impressive technology with enormous market potential. And it piggybacks on further security technology they announced mid February.

 

The folks running this are equally impressive. Very strong tech backgrounds and their advisory board includes:

 

1)     Jason Elwood - 37 years with Raytheon and retired as Global VP of Operations for Raytheon Integrated Defense (2013 to 2018)

2)     Douglas Smith - Former Assistant Secretary for the U.S. Department of Homeland Security. He has tremendous experience in national security, artificial intelligence, and public speaking. Not to mention his contacts in Washington.

 

Liquidity is good in the 0.50’s where the market cap is below $20 Million CDN - 1/18th that of Patriot One.

 

I was an early investor in Patriot near 25 cents (unfortunately sold too early) and I followed them through MicroCap.com in 2016. Although, I missed the big run - lack of patience on my part (plus I didn't understand the high valuation).

 

So, I am very familiar with Patriot's technology and I can tell you that what I see with Plymouth is equally impressive. They just don't have the audience (yet).

 

Plymouth’s strategy is to have several “irons in the fire” (cutting edge security technology) and advance them to a point where they can be integrated with, or licensed to, a large International company that has significant market penetration.

 

This cuts down on the huge amount of capital required for marketing (and the stock dilution that occurs when you finance that growth), while providing the potential for a long-term income stream or the outright buyout of the technology – or the company as a whole.

 

Go through their website for due diligence and here is their latest corporate presentation:

https://www.plyrotech.com/images/CorpPresentation/PRT_Corp_Presentation.pdf (in English) or https://www.plyrotech.com/images/CorpPresentationGerman/PRTCorporatePresentation-German.pdf (in German)

 

Published by:

Danny Deadlock / MicroCap.com

www.linkedin.com/in/dannydeadlock

 

Social Media:

www.twitter.com/microcap_com

www.facebook.com/microcap

 

 

For the MicroCap.com disclaimer information, please visit: https://blog.microcap.com/prt-cse/

 

 

About Plymouth Rock Technologies Inc.

 

Plymouth Rock Technologies is developing the next generation of threat detection solutions, with state-of-the-art technological advancements. Our advanced threat detection methods fuse artificial intelligence with augmented reality interfaces to eliminate human error. Plymouth Rock products, both airborne and land-based, will scan for threat items at greater “stand-off” distances than current existing technologies. Our unique radar imaging and signal processing technology creates new opportunities for remotely operated, none intrusive screening of crowds in real time.

 

Plymouth Rock’s core technologies include: (1) A Millimeter Remote Imaging from Airborne Drone (“MIRIAD”); (2) A compact microwave radar system for scanning shoe’s (“Shoe-Scanner”); and (3) Wi-Fi radar techniques for threat detection screening in Wi-Fi enabled zones in buildings and places, such as airports, shopping malls, schools and sports venues (“Wi-Ti”).

 

www.plyrotech.com

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

Dana Wheeler

President and CEO

+1-603-300-7933

 

Investor Information:

Tasso Baras

+1-778-477-6990

 

(Not for dissemination in the United States of America)

 

Forward-Looking Statements

 

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.



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