HotOtc.com - MTCH could turn out to be a big bounce play
More on MTCHTake a look at MTCH's 52wk high, this could be a huge turn around play at current levels! MTCH looks like it started a possible bounce last week. It could continue so keep an eye on it.
Every day millions of people drive and cross over bridges but unfortunately most of them are old and dangerous.
Imagine driving across one that suddenly starts to break apart!!
These pictures on MTCH's website show just how scary a bridge collapse can be: http://www.matechcorp.com/horror_stories.html
MTCH's EFS system has already proven its efficacy on over 35 bridges in 10 different states across the nation, as well as several railroad bridges!
MTCH's Electrochemical Fatigue Sensor System performs the following functions:
-- Accurately detects growing fatigue cracks in metal structures under
cyclic loads.
-- Detects remarkably tiny cracks -- as small as 0.01 inches.
-- Reliably identifies both surface and subsurface cracks.
-- Reports data in an easy-to-understand visual format.
-- Eliminates the subjectivity of visual inspections alone.
According to the Texas Transportation Institute, every 10 days a bridge fails somewhere in the United States.
And according to government reports, 90% of fatigue cracks are missed during visual inspection, the most common inspection method.
MTCH's EFS technology is the ONLY nondestructive technology capable of detecting growing cracks as small as 0.01 inches.
The most common method of bridge inspection is visual inspection, which relies on the subjective judgment of the inspector.
Using this method 90% of fatigue cracks are missed, and 80% of identified "cracks" later prove to be false-positives, according to government reports.
MTCH takes the subjectivity out of the inspection process!
MTCH's technology offers a unique technologically advanced solution compared to current unsafe and unreliable methods of bridge inspection.
Let me explain how MTCH's technology works.
MTCH's EFS technology is based on proven electrochemical principles. When a bridge is under load, new metal is exposed at the tips of growing cracks; the metal oxidizes, producing a corrosion-like film.
With MTCH's EFS system, an electrochemical sensor is installed on a bridge surface which polarizes the inspection area. If, when the bridge is under load, new oxidation products form in the area of a growing crack, the sensor signal changes. A receiver senses the changes in signal frequency and magnitude, indicating that a growing crack exists.
The EFS software then filters the data and summarizes the results graphically. Interpreting the results is similar to reading an EKG printout. By comparing the EFS inspection data to "normal" (no crack) EFS data, bridge inspectors can detect growing cracks and qualitatively assess their rate of growth.
There's a huge market out there for MTCH's technology!
There are approximately 600,000 bridges in the nation's inventory and according to the Federal Highway Administration, 105,981 steel bridges are structurally deficient or functionally obsolete in important areas!
2010 could mean huge profits for MTCH as the company expects to benefit significantly from the Federal Transportation Bill which is now expected to become law in early 2010.
The transportation plan, put forth by the Chairman of the House Transportation and Infrastructure Committee, Rep. Jim Oberstar (D-MN), would allocate $500 billion for the country's crumbling infrastructure.
The bill, which passed the House Committee in 2008, calls for the utilization of advanced, cost-effective technologies to determine cracks in bridges which are often missed by traditional methods (i.e. visual inspection). A visual inspection study conducted by Federal Highway Administration (FHWA) concluded that inspectors found cracks less than 10% of the time, proving that visual inspection was critically unreliable. In addition, the study also showed that 80% of the repairs implemented after visual inspection were unnecessary.
For more information on MTCH, visit their website at: www.matechcorp.com Do your research and consult with your own financial professional.
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