EXCLUSIVE: MetAlert Breaks Ground with First Commercial Order of GunAlert from Range USA
Portfolio Pulse from Anusuya Lahiri
MetAlert, Inc (OTC:MLRT) has received and delivered its first commercial order for the GunAlert firearm recovery device from Range USA. The device, developed by MetAlert's subsidiary Level 2 Security, uses motion detection and GPS technology to monitor unauthorized use and movement of firearms. The company plans to work with law enforcement and media to promote the technology.
October 09, 2023 | 12:00 pm
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MetAlert's first commercial order for its GunAlert device could potentially boost its revenues and market presence. However, the company's shares closed lower by 4.11% at $0.07 on Friday.
The news of MetAlert's first commercial order for its GunAlert device is a positive development for the company as it could potentially increase its revenues and market presence. However, the impact on the company's stock price is uncertain as it recently closed lower. The company's future performance will depend on the market's reception of the GunAlert device and the company's ability to secure more orders.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100