Medina International Holdings – StockGuru Profile – OTC: MIHI
Port Security is Huge and Gaining More Attention Monthly.
No wonder MIHI is up in trading today. This company is having a grand debutante ball … and the fifteen foot fire and rescue boat is the focus of the cotillion!
If you want attention you know the place to be: front and center at the major exposition in the world. That is precisely where Medina International will be at The Maritime Security Expo 2007, at the Jacob Javits Convention Center, New York, NY, on November 27th and 28th. And the first thing you will see is the Medina 15-foot fire rescue boat. That ought to get your attention!
That’s a beauty and should make a big, big impression. This is the big event for this industry and is the only International event covering global maritime security.
Ports in the context of overall national security remain high on the security agenda in most countries. Maritime security has become critical from the point of view of national security in countries all over the world.
In the United States port and maritime security has been integrated with the overall homeland security program. The Safe Port Act (October 2006), authorized an investment of $6.7 billion to tighten security at American ports and ports are purchasing boats to support their security efforts.
I think it’s crucial to understand the impact Medina Marine will have located in booth 902, directly in front of the main entrance doors to the Expo, providing the highest flow of traffic to its booth. More information on the Expo is available at: www.maritimesecurityexpo.com.
And their potential dance partners will all be there — including: U.S. Customs, U.S. Border Patrol, U.S. Coast Guard, U.S. Dept. of Transportation, U.S. Dept. of Defense, FBI, CIA, DEA, U.S. Navy Military Sealift Command (MSC) and many more. The company will release additional information as the event draws closer.
Port Security an International Issue as Well
The United States is not the only country concerned with international security. The Maritime Safety Committee (MSC) with a global focus, has increased security measures recently when it reviewed the International Ship & Port Security Code, including cargo ships of less than 500 gross tons which travel on international routes.
The committee actions should be taken to increase the overall level of global security. The ISPS (International Ship & Port Security) Code has helped to achieve substantial standardization in port security measures. Safety issues will become more and more important with the growth in traffic, particularly containerized traffic.
This is an incredible opportunity for Medina to get its boat seen by the very people who will be using it. There is NO BETTER PLACE AND NO BETTER LOCATION THAN THIS. They have found the sweet spot to demonstrate what they do best!
Stay tuned for an in depth review tonight … I will examine why American Ports and American shipping which once dominated the world has now shrunk to a fleet of ships representing two percent of the world’s fleet and why our ports are barely represented in the top twenty list … Long Beach being in the top ten and New York barely making the top twenty. This could all change with the right legislation. That could have a profound impact on MIHI!
Source: Medina International Holdings, Inc., Reuters, Wall Street Journal, Hindu Times
Medina International Holdings, Inc.
255 S. Leland Norton Way,
San Bernardino, CA 9240
Phone: (909) 522-4414
Email: info@medinaih.com
Website: www.medinaih.com
www.medinamarine.com
Investor Relations
Contact Person: Krishna Mankal
Phone Number: (909) 522-4414
About Medina International Holdings, Inc. (OTCBB: MIHI): produces commercial fire, rescue, police and patrol boats utilizing the highest design and performance standards. The company’s products combine safety, power, handling and stability with a proprietary hull design and equipment features that address specific niche markets.
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Forward Looking Statement: Certain sections of this report may contains forward-looking statements that are based on management’s expectations, estimates, projections and assumptions. Words such as “expects,” “anticipates,” “plans,” “believes,” “scheduled,” “estimates” and variations of these words and similar expressions are intended to identify forward-looking statements, which include but are not limited to projections of revenues, earnings, segment performance, cash flows, contract awards, aircraft production, deliveries and backlog stability. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors, including, without limitation: General and international political and economic conditions; All forward-looking statements speak only as of the date of this report or, in the case of any document incorporated by reference, the date of that document. All subsequent written and oral forward-looking statements attributable to the company or any person acting on the company’s behalf are qualified by the cautionary statements in this section. The company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this report.
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