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Hello SPO Traders,

In the last 30 years some of the biggest movers and shakers in the business world have been technology stocks. I could start listing them here, but all you need to do is look around your home. There's no doubt all this technology has made our lives much easier, and GPS gadgets are no exception. They are used by consumers and companies alike...

This is why we are really interested in the moves being made by Southern California company, NavStar Technologies, Inc. In our opinion they are poised for big moves with all the news we've seen lately.

NavStar has successfully penetrated the "asset tracking" industry and is focused on delivering products and services for companies who need to track and monitor the location of vehicles, high value cargo and other valuable company assets. The image shown here is their original flagship vehicle asset tracker.

They are also in a perfect position to take advantage of the Dept. of Transportation "Electronic On Board Recorder" (EOBR) mandate that requires truckers to record their hours of service. This mandate is set to start in the Spring of 2012.

They have secured funding and are in the final development of their manufacturing and marketing facility. They expect to be in operation by March 2012. You can find all the latest information gathered here...

http://www.stockplaysonline.com/penny-stocks-forum/1778-navstar-technologies-inc.html

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GPS Asset Tracking Snapshot

Here's a quick look at the potential of this market:

Only 10% of fleet vehicles in the US have Asset Tracking devices installed.
In Mexico and South America the numbers are only 5% to 8%.
Asset tracking is a $3 Billion industry and is expected to grow to over
$5 Billion by 2012.

When you look at these numbers the potential is incredible. And when you add in the ongoing revenue stream from NavStar's web-based technology, the company has every reason to be excited about the future.

For more product information and a more thorough market review check out this independent report by SDC Consulting (It is a year old but much of the research is still valid):

NavStar Technologies, Inc - Sept 2010 Research Report


Stock Information

Business: NavStar Technologies, Inc
Symbol NVSR
Recent Price $0.27
52-Week Range: $0.10 - 10.00
 
 

Research Resources:

NavStar Technologies, Inc Website

http://www.marketwatch.com/investing/stock/nvsr

http://www.otcmarkets.com/stock/NVSR/company-info

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