NavStar Technologies, Inc. (NVST.PK) – Gas Stations are for Gas, not for Directions
One of the fastest growing sectors in the consumer electronics space is the GPS, or Global Positioning System. Originally developed for airplanes and boats, to direct their travel over a surface where there is no "road" to follow, the general public caught onto the idea of a system that could help them navigate from place to place. The days of stopping into a convenience store, or gas station to get directions to their destinations, has been replaced by LCD screens showing the path to travel. The "PND" or "personal navigation device" was born, and instantly gained market traction. There is…