Safebrain System Inc, (OTCPK:SFBR) based in Calgary, Alberta was founded in 2003. SFBR went by Alveron Energy Corp. until July 2012, where its name was changed to Safebrain Systems, Inc. SFBR's mission is to understand brain trauma injuries and to be a leader in concussion awareness technology. There are over 300,000 brain injuries in sports each year. Any sport that requires the use of a hard helmet could essentially use this product. This company places a special sensor (Cranium Impact Analyzer) on the back of helmets of athletes. When the athlete is hit the sensor can determine if the hit was hard enough to cause trauma to the brain, which in so will cause a light to flash and immediate attention can be taken by trainers. The sensors also log data that can be analyzed after the event.
This sensor can also help doctors determine the recovery time. If a player is hit and still recovering from a brain injury, there can be long term effects or also can be fatal. The company also offers individual sensors. If you are interested in this equipment, this website can tell you what retailers offer the product www.safebrain.ca/purchase-safebrain/.
On November 26, 2012 the company announced that Arizona State University's Division 1 Hockey program would be wearing the sensors.
SFBR is currently trading at $0.05. The previous close was $0.05, which hasn't changed. The stock has varied over the last 52 weeks from $0.10 up to $0.51. Not a very broad range. The company's market cap is $8.44M.
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