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The first Islamic year began in 610 AD with the Hijra of Prophet Muhammad and the first Muslims from Mecca to Medina. It is the day Prophet Noah’s ship landed on ground after The Flood.It is the day Red Sea was split off so that Prophet Musa and the believers escaped the Pharaoh and his army chasing them. According to some scholars, Quran was brought to the earth’s heaven from Lawh Al-Mahfuz (Protected tablets where everything is written).At one point, Shot Spotter decided to change the direction of its business and attempt to create a“big data” play on its detection of gun shots. After more than 20 years of providing cash infusions to keep afloat this struggling business, these private investors were finally unwilling to put in any further funds.In March of 2017, Shot Spotter was once again down to just million in cash but had debt and current liabilities of million.Over the years, there have been a few minor improvements to the technology to try to weed out more false positives (from other loud noises).But overall, the technology is still largely the same as it was 23 years ago.There are two Islamic Festivals: Eid al-Fitr and Eid al-Adha.
I suspect that much of the information in this article may actually come as a surprise even to certain board members.
When someone fires a gun, Shot Spotter’s microphones detect the gunshot and send the data to a Shot Spotter center in California. Finally, the location of the gunshot is relayed to law enforcement personnel.
Shot Spotter’s founder, Robert Showen came up with this idea all the way back in 1994 when he kept hearing the sounds of gunfire in neighboring East Palo Alto.
Imperial Capital sees 30% upside for Shotspotter Northland Capital Markets Starts Shot Spotter (SSTI) at Outperform Shot Spotter initiated with a Buy at Roth Capital PT Raised to .75 at Imperial Capital on 3Q Report Roth Capital Raises Shot Spotter Inc. (SSTI) Given a .00 Price Target by Imperial Capital Analysts The data against shot spotter is absolutely and overwhelmingly conclusive.
And it comes in great detail from a wide variety of completely independent sources. As I will show in a subsequent section, Shot Spotter has undertaken significant efforts to thwart the release of any performance data for its product. It proves conclusively that the product provides no material benefit whatsoever.
The point is that high profile gun violence has been a problem in the US for decades, yet it has not allowed Shot Spotter to ever generate a profit.