$0.41
0.03 (+7.87%)
Applied Energetics, Inc. (AERG)
CAPS Rating:
The Company was formed to develop and market Directed Energy Weapon products and other products incorporating its proprietary LIPC and related technologies.
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Fool UK
Recs
Company has a poor track record since inception and shares have dropped 50% in last 12 months, The senior management has poor track record prior to joining Ionatron and continue to follow their spend - spend - spend management style. Company continues to post losses on speculative technology. High probability government funding for these projects will not be renewed.