Beacon Equity Research Featured Company: Medina International Holdings, Inc. (MIHI.OB)
Medina International Holdings, Inc. (MIHI.OB) designs, manufactures and sells recreational, fire, rescue and police boats for the US and international markets. The boats produced by Medina are designed for private, state, local, federal agencies and military use. There is an increased demand for specialized quick response boats since September 11, 2001. Increasing terrorism concerns and heightened US Homeland Security includes the need to secure and defend open coastline, bays, harbors, rivers, waterways, private industrial sites and ports. The Company has a signed agreement with Kelly Space & Technology, Inc, which makes Medina the exclusive distributor for watercraft sales to the…