Pursuit Dynamics plc is a UK based research and development company, which was founded in 2000 to develop and commercialise a revolutionary pumping and propulsion technology. Pursuit Dynamics (symbol: PDX) was listed on the Alternative Investment Market of the London Stock Exchange in May 2001.



PDX 25 Sonic.

The PDX Technology is a steam-based system that has applications in both pumping and marine propulsion. It is cheap to manufacture, extremely robust, contains no moving parts and is virtually impossible to block. Pursuit Dynamics owns 100% of the Intellectual Property Rights that surround the PDX Technology.



Pursuit Dynamics is now working towards the commercialisation of the technology it has developed.





Corporate website : http://www.pursuitdynamics.com/


Pursuit are rumoured to be close to closing their first deals, which may be in the food processing industry.

Can't remember whether I've pasted the link for this article before but never the less makes interesting read for a wet Sunday afternoon.

http://www.newscientist.com/news/news.jsp?id=ns99994738

Articles like this really reinforce the huge demand there will be for PDX FireMist

http://www.pmengineer.com/CDA/ArticleInformation/features/BNP__Features__Item/0,2732,63956,00.html

Thanks Legins - the articles make very interesting reading!

legins,

Excellent articles, from widely read and respected sources, that realy illustrate the true potential of the PDX unit, many thanks.

could someone please give me the web address please - thanks

a3s5m3,

Which web address do you want?

andy
PDX please

http://pursuitdynamics.com

http://www.pursuit-fire.com

final days next week for confectionery agreement which was extended until the end of april

ssanbes,

Yes, hopefully some good news will be announced, otherwise down we go again!

More interest being shown in PDX now, qith rising volumes, indicating we have probably been joined by the T trader brigade for the countdown.

let's hope they, and us, have reason to celebrate next Friday, if not before.

2 days left for agreement. will they extend it again?

Just what I was wondering ssanebs - though the price ticked up nicely yesterday.
The market will be disappointed if the deal does not get done by friday. Any whispers out there?

Havent heard anything but the price has been ticking up nicely over the last month, brokers note of 4.00 if the deal with the unnamed company is signed. Happy to be holding as believe lots of potential for this technology. Happy times ahead hopefully.

Where can I get hold of the broker's note?

obviously, it will go down if the deal is delayed. spoke to durlacher who said the deal is still on and is complex due to patents and licences to be granted, tried to ring the company and they would not talk to anyone regarding the deal. so maybe it is imminent

ssanebs,

Either a tree shake today, or some people think there won't be a good anouncement within the next few days.

Hard one to call, IMHO, I remain a holder, and hoping that there will be good news.

>>Andy

I'm not following you honest!!

I think this is the sort of stock where if people get nervous they ditch. Don't think the price fall is any more than that. I'm thinking of buying.

Looks as if the MM's are doing some hefty tree shaking, down 13% and for no other reason other than they must be desperate to get some stock to fill a large buy order, as we should be getting very positive news on the confectionery manufacturer deal end of this week or begining of next.

gallick / legins,

Agree with both your comments, and am thinking of topping up if the price shows stability tomorrow.

Hard one to call this, bad news or MM games?

I hope it's the latter of the two!

tomorrow is the last day of the extension, an announcement has to be made, i think an extension is likely and the stock will trace back again to 120 level.