Amnesty International (7 million members) normally campaigns against torture in places like Morocco, Nigeria and Uzbekistan.
A September 12, 2018 Amnesty International Report made the remarkable assertion that “gun violence in the United States is a human rights crisis.”
The report examines how American life has been compromised by “unfettered access to guns”, with zero meaningful regulation.
While most countries have licensing and regulation systems in place for firearms, the United States lacks measures like a national registration, and 30 states allow handguns to be owned without a license or permit.
In 2016 – the last year statistics are available – over 38,000 people were killed and 116,000 suffered non-fatal injuries due to firearms in the United States.
Amnesty International common-sense solutions:
- National regulations for registering firearms
- Mandatory training for gun owners
- Ban on semi-automatic assault rifles
- Ban on all military-grade weapons
- Mandatory safe-storage laws
None of those things is likely to happen any time soon.
In fact, the pendulum appears to be swinging the other way (more guns, less regulation).
Brett Kavanaugh’s impending nomination to the Supreme Court is championed by the National Rifle Association (NRA).
Gun control advocates believe Kavanaugh will be the swing vote to rule that a ban on assault weapons is unconstitutional.
Into this madness – enter Patriot One (PAT.V) a technology company that has developed “Cognitive Microwave Radar” which detects concealed weapons from a compact piece of hardware that can be embedded in wall cavities.
The technology is “Designed for cost-effective deployment in weapon-restricted buildings and facilities. The hardware can be installed in hallways and doorways to covertly identify weapons and to alert security of an active threat entering the premises.”
PAT recently signed a deal with a domestic security company to help fund the development of Patriot One’s PATSCAN CMR covert weapon detection system.
On June 27, 2018 PAT announced that Karl Wagner, a former member of CIA’s Senior Intelligence Service (SIS), has been hired as an advisor for US Government Relations and Business Development.
PAT stock typically gets a bump after a high-profile mass shooting, like the one in Las Vegas. That’s not surprising, since it would be very easy for any PAT hotel clients to discover who is packing – and what they are packing.
The technology is specifically designed to do that. It’s been Beta-tested up the ying-yang – and it works.
Full commercial roll out of that product is targeted for Q1, 2019.
Meanwhile, new subplots are developing.
Buried in PAT’s current Corporate Presentation is the revelation that “a small research team at Patriot One has identified several innovative threat detection solutions which easily integrate with our cognitive microwave radar technology (CMR).
PAT is exploring expanding their technology application to provide weapons detection protection for private home owners.
We like this move.
A lot.
The D’Errico family in Florida recently freaked out when the front door camera revealed “an armed man wearing a bulletproof vest” standing at their front door.
It turned out to be a drunken neighbour, who threatened to kill shoot his entire family and anyone else he could find.
“The U.S. government is prioritizing gun ownership over basic human rights,” stated Margaret Huang, Executive Director of Amnesty International USA. “Despite the huge number of guns in circulation and the sheer numbers of people killed by guns each year, there is a shocking lack of federal regulations.”
PAT’s “family concept” explodes the market for their technology from commercial – to retail.
That is something PAT shareholders should be paying attention to.
“Our motto is also our goal,” stated Patriot One CEO Martin Cronin in our first interview, “We aim to deter, detect and defend against random acts of senseless violence anywhere innocent people work, live, and play.”
The Amnesty International report states that gun violence is the leading cause of death for men and boys between the ages of 15 and 34.
These young men are 20 times more likely to be killed by a gun than their white counterparts.
Full Disclosure: Patriot One is an Equity Guru marketing client, and we own stock.