Metal Storm Limited · Richlands, Queensland Australia ·(Pink Sheets: MTSXY)(Australian: MST)

Everyone knows electricity can be dangerous, but Metal Storm Limited adds a whole new dimension to electrical danger. The company is developing weapons and other systems that use electricity to fire projectiles at a high rate of speed: theoretically, more than a million rounds a minute. Metal Storm's technology uses stackable 40mm bullets that fire from the barrel in sequence, outermost bullet first. Barrels stacked with bullets can be arranged in any configuration and require only electricity to fire. Their prototype handgun, the world's first totally electronic "smart gun" prototype, was developed for police and military to protect against theft by denying firing access to unauthorized users. To read the full description, subscribe now.