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  4. Geltech Solutions (GLTC) Message Board

GLTC could become huge as it's product FireIce bec

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Post# of 48
Posted On: 08/16/2012 2:47:25 PM
Posted By: DOGMA3

GLTC could become huge as it's product FireIce becomes the industry standard in firefighting. There has been a lot of news about it being used in combating the recent fires in the southwest. FireIce is also currently in use fighting other fires in the west.


They also recently signed a massive contract in the amount of $87,900,000 with a Chinese distributor that included minimum order requirements over the next ten years. The first year of the contract will bring in $6,000,000.


The o/s for GLTC is about 22 million with the market cap of around 17 million dollars. the current float is 12,500,000 and the pps is hovering around .75.


This stock is definitely worth a look. It does not get a lot of exposure, which can be good for us bargain hunters. It is also not widely followed by day traders, which is also good.


Take a look at their website and watch their videos.


http://www.geltechsolutions.com/





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