Today, we introduce you to a Company that is poised to win a significant share of the port scanning contracts which average 10 years long and $300 Million in revenue
Inspired by terrorism, contraband and loss of revenue, George Bush signed into law the “Safe Port Act” in 2006. The “Safe Port Act” specifies 100% of all containers shipped into U.S. ports, require an electronic scan by 2012 to accomplish Homeland Security and IRS objectives. The law is clear in that it requires Port Scanning and Radiation Detection reports for continued trade with the US after July 1st 2012. The contracts issued, are usually 10 years in length and average $300 Million in revenue. Today, only 2 – 5% of all shipping containers are inspected for Weapons of Mass Destruction, Contraband, and underreported trade receipts. Ports are struggling to install and operate the expensive, high-tech X-Ray and Gamma-Ray scanning equipment required to meet the coming regulation deadline. The featured Company has deep security experience, state of the art equipment, a unique business model, and strong relationships across government and port authority personnel to win additional port scanning contracts.
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The “Safe Port Act” specifies 100% of all containers shipped into U.S. ports, require an electronic scan by 2012 to accomplish Homeland Security and IRS objectives.
Facts:
- That “Safe Port Act” specifies 100% of containers require an electronic scan by 2012 to accomplish Homeland Security and IRS objectives.
- Average length of contract is 10 Years
- Revenue generated per contract averages $300 Million dollars, and generates approximately $15 Million dollars of after tax net income per year.
Ports have struggled to install and operate the expensive, high-tech X-Ray and Gamma-Ray scanning equipment required to meet the coming regulation deadline. The featured Company has installation and operational security experience, a unique business model, and most importantly, excellent relationships with government and port authority personnel to win a significant share of port scanning contracts.
Only 6 of the approximately 700 foreign seaports that deliver goods to the U.S. through containers are currently compliant with the “Safe Port Act” mandate
Marketing:
The Company is initially targeting fifteen of the sixty one Latin American ports based on their high percentage of exports to the U.S. (Caribbean, Central American, and South American are all Latin America. Once firmly positioned the Company will then expand to larger ports in first world countries.
First contract secured and valued at over $300 Million in revenue
Opportunity:
The company is seeking long term financing of $3,500,000. Additional information is available upon request, ” Please email or call me and the Company will respond to your questions or requests for more information.
