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Can IDO Security Inc. (OTCBB: IDOI) Carve Out a Piece of the Security Market with MagShoe "Shoes-On" Screening Device?

Posted on July 19, 2012 by OTC Equity

With their "chill" status now removed IDO Security Inc. (OTCBB: IDOI) has been making an effort to attract investor attention and drum up interest in their shoe scanning device, MagShoe, a metal-detecting device designed as a "shoes-on" screening machine that "maximizes security, thoroughness and accuracy while eliminating the need to remove shoes for increased convenience and safety." Activity in IDOI has been picking up over the past few days and volume is already nearing the 1 million mark in the first hour of trading on Thursday. Along with the trading spike IDOI's share price has jumped as well, hitting 0.430, a one-month high and closing in on the three-month high of 0.485. Of course this activity and price jump can be attributed to a recent promotional campaign rather than anything done by IDO Security. In fact, IDOI hasn't done much in the way of distributing new...

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