Idea

Possible investment idea: about a week ago i was looking at companies that I could possible present at IAG. I don’t know why, but for some reason I was looking at the aerospace industry. I think I was trying find a company that made rockets, or something along those lines. However, one of the companies that stood out in my mind was Ballistic Recovery Systems Inc. ( BRSI.OB). This company is really cool, and what they do. Their product is a whole plane parachute. The parachute, if deployed bring the entire plane down in a safe manner. Clearly, it won’t work for the huge jets that Boeing or Airbus makes, but it works well for the small prop planes.

The real reason I remembered this company today, the company was in the news in a huge way yesterday. The plane that crashed into the New York City building was actually equipped with their product. The plane had a parachute. While it doesn’t seem as if it was deployed, people are hearing about it; which is always a good thing. This company might be worth a second look (I’m sure a whole lot of people are thinking this right now also).

Side note, I’m not qualified to give investment advice, so please don’t follow any thing I say (I really don’t want to get sued :-) )

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