OXYSURE Systems, Inc. (OTCPK:OXYS)
On June 1, 2015 the Company submitted a petition to DOT seeking an exemption from the applicable Federal Aviation Regulations (FARs) in order to allow for the operation of small Unmanned Aircraft Systems (sUAS) under certain conditions and limitations. The purpose of the petition involves aerial operations in support of emergency response and services, disaster response and recovery, search and rescue, and humanitarian relief efforts.
Frisco, Texas, September 1, 2015 - OxySure Systems, Inc. ("OxySure," or the "Company"), a global leader and medical device innovator of life-saving, easy-to-use emergency oxygen solutions with its "oxygen from powder" technology and other medical solutions, today announced that the Company's petition for exemption for commercial drone usage was granted by the Federal Aviation Administration (NYSEARCA:FAA), a division of the United States Department of Transportation (DOT).
The granted exemption permits the operation of small, unmanned sUASs (commonly known as drones) under controlled conditions in airspace that (1) is limited, (2) is predetermined, and (3) would provide safety enhancements to First Responders on the front lines in our communities. Other highly effective uses of sUAS endeavors include response to humanitarian relief efforts, emergency and disaster response, and Search & Rescue (NYSE:SAR) operations. OxySure plans to provide drone solutions to a wide array of first response customers nationwide, including fire departments, paramedics, first responders, and the military.
Imagine Traffic Jams in LA, NYC, any City, an Ambulance - EMT's trying to get thru that Traffic to assist in an critical incident/crisis.
Military Units pinned down, the danger of trying to get supplies, Ammo, Medical necessities to them. Flood victims stranded, a remote Search & Rescue. How much more efficient, and easier would it be to handle these situations ? Getting the required Equipment, Food, Water, etc. to the Site/Area much more rapidly without risking human life will be possible with "Drones".
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Another addition, plus, and stepping stone in the rapidly growing company OxySure. They already at this stage have received great interest in their new Drone Plan. Do you research and Due Diligence.
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OxySure is a LONG PLAY with Short Term Gain potential in our opinion. Investors could realize 100-200 % Profits under the right circumstances. OxySure will not remain at the price levels much longer. They have filed their Pre 14A with the SEC and retained a Broker Dealer to assist with their move to a National Market. This could occur much quicker than most anticipate.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.