You must remember the headlines in 2018 when then-President Donald Trump imposed tariffs on Chinese imports.
They said the world would come to an end. Democrats begged and pleaded that the insanity be acknowledged before a global recession commenced yet Biden did nothing to lift any of them.
When you examine the Biden administration’s approach to countless Trump-era decisions, one thing that jumps at you is not only how many of them are still intact but how many of them have been deemed ingenious since Biden’s administration has only extended upon and accentuated them.
During his time in office, the Department of Energy and the Department of Homeland Security seized a 226-ton Chinese-built transformer.
Before being shipped to its final destination, it was intercepted at the port of entry and taken to a lab that works with the government on matters associated with national security, among which is malware installed in backdoors that could be used to take down the grid.
After this event, Trump signed Executive Order 13920, which aimed to ban devices made by foreign adversaries that might pose a risk by exploiting cyber vulnerabilities.
Just one year later, President Biden issued Executive Order 14028, which directly deals with cybersecurity threats, again taking a page from Trump’s book.
That executive order sparked a massive opportunity in the creation of SBOMs.
Here’s where this gets really interesting.
An SBOM is short for Software Bill of Materials, and it’s a detailed list of the software supply chain and the origin of every aspect of it since most software is open source!
That means that in America’s most sensitive industries, there is countless software written by who knows which hostile countries, and without an SBOM, no one would be the wiser.
On March 27th, the only PURE-PLAY SBOM cybersecurity company went public. I’ve taken two months to dig into every detail of this stock because the FDA, among other government agencies, is now mandating the generation of SBOMs in certain industries, so the demand is off the charts!
In seven years of writing and publishing this newsletter, I’ve never featured a cybersecurity company. I’m putting an end to that drought today with the profile of the most promising cybersecurity company I’ve come across in my career: Cybeats Technologies (CSE: CYBT, OTCQB: CYBCF)!
I know what you’re thinking, and I’ve already done the heavy lifting for you:
One company that is developing a similar product to Cybeats’ (CSE: CYBT, OTCQB: CYBCF) and is pre-commercial was recently valued at $250M. Cybeats, which already sells SBOM products to Fortune 500 clients that have a collective market capitalization of $1 trillion, has a market cap of only $50M!
Three additional companies that compete with Cybeats have market caps of between $250M and $600M!
Yes, yes… I’ve got the graph to prove it:
Conduct your own due diligence on Cybeats Technologies (CSE: CYBT, OTCQB: CYBCF)!
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On May twenty second, twenty twenty three, in connection with our agreement with Cybeats Technologies Corp, we have been compensated a total of four hundred thousand dollars for a one year marketing campaign. We may be paid up to an additional five hundred thousand dollars for marketing expense reimbursements. We own shares that were purchased through a private placement.