HDS International Corp (OTCMKTS:HDSI)‘s effort to take public safety initiative in Missouri has not saved it from the fall. The stock of the company tanked by as much as 50% to close at $0.00040 during the previous trading session. The company had said that it will install location-enhanced mobile technology for any of the Public Service Access Point (PSAP) in the state of Missouri.
Moreover, HDS International Corp (OTCMKTS:HDSI) said that it will neither bill any setup cost nor charge any annual fee for a period of five years towards this initiative. The company’s CEO Paul Rauner said that the company’s initiative is inspired by KSDK, which is NBC affiliate in St. Louis. He elaborated that KSDK first highlighted about the lack of proper technology in Missouri to track emergency calls when made from cell phones. Rauner said that the problem emerged just about the time when the company has developed a product to overcome 911 location issues. He said that if their technology could save a life then it is worth to deploy it on a large scale.
More municipalities should sign
Also, Rauner said that they want to put proper communication and location tools in the hands of those public entities that are responsible for first response. He claimed that the technology could send location details to the first responder within a matter of time. Rauner said that more and more municipalities should sign for the technology. According to him, interest from public entities to take up the service will encourage more residents to utilize SirenGPS Mobile.
While HDS International Corp (OTCMKTS:HDSI) is doing everything possible to thrive in the industry, its efforts started showing results lately. The company gained traction after it announced change in its management team and dropped the idea to pursue renewable energy solutions. It is to be seen whether the company will overturn its northward direction or continue it.