Passive Security Scan
The Passive Portal™ is a passive, patented walk-through weapons detection and personnel screening system. It detects and identifies concealed threats, such as shrapnel in bombs, firearms, knives, and other contraband. Unlike standard security systems it doesn’t emit harmful radiation. Passive Security Scan, Inc. manufactures and markets the portable security device to schools, stadiums, and other facilities.
The portal offers superior Protection and Results with our no x-ray, cutting edge magnetic variation technology. Safer Than Standard Metal Detectors, no harmful radiation. Flexible Deployment. Adaptable to most buildings and situations. Existing technologies are harmful, invasive, costly, inaccurate and inefficient.
Superior results from cutting edge technology using magnetic variation technology. Lower cost with a more flexible design opens the market for thousands of locations currently without security scanning.
PSSI has current revenues of $270,000 For a purchase price of $750 you get a 3-year license in PSSI. During that time, we promise to pay a royalty of 10% of all sales (revenue) made by PSSI. Our projected revenues are as follows:
PSSI ILO Value
Further to paying you a royalty, at the end of the 3rd year we can either elect to extend the license for another 3 years, convert it to equity should we advance enough to take a public listing on a stock exchange, or buy the ILO back for cash should we conduct a major financing.
ILO Value is the estimated value of your ILO in USD ($), this is calculated using our projected revenue numbers. Therefore if you our revenue projections are realistic and achievable, this is a good estimation of the buy out price you should expect at different stages.
How we'll do it
To achieve our projected revenue, we have laid out our roadmap including our main goals and milestones over the next 3 years.
Start Production in 2018
Production Started in 2018
Enter the European Market
Joint Venture with EU-Corporation
Enter Asian Market
Joint Venture with Asian Corporation
PSSI has a strong team with extensive experience building and marketing problem solving technology products. Below are a few of our key members, a complete overview is available in our downloads.
Passive Security Scan Inc
Merrill W. Moses
President and CEO
Merrill W. Moses has a substantial professional executive background in technology, finance, energy production, and business.
Charles Corland Hooper
Charles Cortland “Cort” Hooper, brings a wealth of business experience and know-how to the Company.
Luke A. Hillbery was senior sales trainer for an Inc. 5000 company. Luke studied the foundations of engineering at the State College of Florida, achieving a 3.93 GPA. In 2010, he was part of a team placing bio-photonic scanners in medical practices.
Rick Fluck is the CEO and founder of Controlled Capture Systems, LLC, a company that provides engineering design services for proof-of-concept prototypes and production ready products.
Dave Corey, Managing Partner of the San Diego County-based design and manufacturing firm, Edge-Tech Design.
For a purchase price of $750 you get a 3-year licence in Passive Security Systems Inc. During that time, we promise to pay a royalty of 10% of all sales made by Passive Security Systems Inc. This promises to be substantial and is assisted by you and your promotion of Passive Security Systems Inc. See projected sales on this page above.
At the end of the 3rd year we elect to either roll the license again for another 3 years as its going great or convert it to equity should we advance enough to take a public listing on a stock exchange, or finally, buy the ILO back for cash should we conduct a major financing.