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Edmonton International Airport Enters Agreement with Cleartronic, Inc. (CLRI) Subsidiary

Cleartronic today announced that its wholly owned subsidiary, VoiceInterop, Inc., signed an agreement with the Edmonton Airports (officially the Edmonton Regional Airports Authority), Alberta, Canada, to provide a mission critical communication system for emergency response at Edmonton International Airport. Edmonton Airports is responsible for operation and management at this airport and also the Villeneuve Airport, the primary general aviation facility in the Edmonton region.

VoiceInterop offers an emergency communication solution called the “VoiceInterop Crash Phone,” a system that combines VoiceInterop’s engineered software with modern, commercial off-the-shelf products, fine-tuned to the needs of commercial aviation airports. VoiceInterop has engineered and will install, test and provide support for a customized state-of-the-art crash phone solution that provides instant voice communications from the air traffic control tower to the airport rescue firefighting station, communications center, and airport police serving this airport. The crash phone system is the most important piece of an airport’s communications systems.

“During an emergency, air traffic control tower personnel simply pick-up the phone and are connected instantly with a combination of first responders and airport operations staff. The ‘VoiceInterop Crash Phone’ system is already in use by many airports nationwide, and has been for many years,” said Larry Reid, CEO of Cleartonic.

Using VoiceInterop software, the system will connect state of the art IP telephones, the airport’s two-way radios, and overhead paging and alerting systems. The system is designed to accommodate the evolving requirements of the airport in the future by implementing minor changes in the software instead of budgeting for new infrastructure equipment.

For further information, visit www.cleartronicinc.com

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Pure Hospitality Solutions, Inc. (PNOW) Takes Major Step toward Oveedia Launch through Sabre Travel Network Submittal

In recent months, Pure Hospitality Solutions, Inc. (OTC: PNOW) has turned its focus towards the launch of its groundbreaking Central American-Caribbean centric online travel agent (OTA) platform, Oveedia, and the company took a major step toward expediting this goal on Monday by submitting the Oveedia architecture to the Sabre Travel Network.

“Submitting the Oveedia architecture to Sabre is just as important of a step in the Oveedia development process, as is creating wireframes in the ‘beginning’ phase of website development,” stated Melvin Pereira, President and Chief Executive Officer of Pure. “With the basic architecture in place, programming and integration should continue relatively smoothly.”

In May, Pure announced that it had become a member of the Sabre Travel Network, which is noted to be the industry’s leading travel and tourism software company. Through this partnership, the Oveedia platform gained access a network of more than 125,000 hotels, 400 airlines, 16 cruise lines and 25 car rental selections, giving Pure a significant advantage as it continues to prep for a major three phase rollout in the upcoming weeks.

“[W]e have reached a true milestone – being certified under Sabre; effectively becoming a bona-fide online travel agent,” continued Pereira. “With Sabre’s service support, we will surely become the Central American-Caribbean travel hub.”

The travel market throughout Latin America is one of the most rapidly expanding in the world. According to a report by Phocuswright, the market is expected to approach $100 billion by 2016, and online travel booking is accounting for an increasingly large share of that spending. Annually, the region is experiencing growth of 15 percent in the OTA industry despite relatively low penetration by global OTA leaders, including Expedia, Priceline, Orbitz and Travelocity.

For sustainable success in the Central American-Caribbean travel market, industry analysts insist that unique customer engagement models, including flexible payment options and local language support, will be critical. It is in this area that Pure, by focusing its efforts directly on the underserved market, has a significant strategic advantage in the regional OTA industry.

With large portions of the ‘beginning development’ phase of Oveedia now complete, Pure is pushing for completion of an initial version of the travel platform as early as the end of this week. Look for the company to leverage the immense power of the Sabre Travel Network to streamline future development in a continued effort to expedite the launch of the company’s game-changing travel hub.

For more information on Pure Hospitality Solutions, visit www.purenow.solutions

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Amarin Corporation PLC (AMRN) Carving Out Sustainable Niche in Pharmaceutical Industry with Vascepa®

Amarin Corporation PLC (NASDAQ: AMRN) is a biopharmaceutical company focused on the commercialization and development of therapeutics to improve cardiovascular health. The company’s first FDA-approved product, Vascepa®, is a prescription medication that, when used alongside a low-fat and low-cholesterol diet, has been shown to lower high levels of triglycerides in adults without raising LDL Cholesterol levels.

According to a report by the Centers for Disease Control, approximately one-third of all American adults have triglyceride levels that range from borderline to too high. As the pharmaceutical industry continues to study the effects of these fatty particles in the blood stream, the importance of maintaining healthy levels is becoming clear. In addition to causing inflammation of the pancreas, there is increasing evidence that supports a link between very high triglyceride levels and cardiovascular disease.

During the first quarter of 2015, Amarin made major strides in growing its market share in the currently underserved triglyceride treatment market. The company realized a 42 percent growth in year-over-year revenue from Vascepa® sales and increased normalized prescriptions by 66 percent, as compared to the first quarter of 2014. In an effort to continue this growth, Amarin also entered into a licensing agreement with Eddingpharm Ltd., which is intended to extend the commercialization of Vascepa® into Mainland China in the future.

In 2011, Amarin initiated REDUCE-IT, a first of its kind long-term study to determine prospective cardiovascular outcomes in high-risk patients on statin therapy. Upon its completion, the company predicts that the study will demonstrate the effectiveness of taking a pure, EPA-only omega-3 drug, such as Vascepa®, on top of existing statin therapy in reducing cardiovascular events. The company expects to complete patient enrollment later this year, with the study concluding in or about 2017.

“Executing on REDUCE-IT and increasing revenues, while being opportunistic along the way, continue to be our top priorities,” stated John F. Thero, President and Chief Executive Officer of Amarin. “The Eddingpharm deal and our increased cash balance provide us greater resources as we market Vascepa for use in our currently approved indication and pursue the potentially multi-billion dollar market the REDUCE-IT cardiovascular outcomes study is intended to open for Vascepa, assuming successful results and further regulatory approval.”

Moving forward, Amarin is in a strong strategic position to capitalize on the growing market for triglyceride controlling medications. Through the company’s REDUCE-IT study, Amarin is establishing a sizeable foothold in a market that may provide the opportunity for sustainable returns moving forward.

For more information, visit www.amarincorp.com

Methes Energies International Ltd. (MEIL) Rapidly Expanding Presence in the North American Biodiesel Industry

Methes Energies International Ltd. (NASDAQ: MEIL) is a renewable energy company offering a collection of products and services to biodiesel fuel producers. Since 2004, the company has worked to produce biodiesel commercially from versatile sources. Using cutting-edge technologies and an innovative business model, Methes has grown into a respected player in the biodiesel industry, remaining at the forefront of the market through the production of consistently high quality fuel.

The company markets and sells biodiesel fuel produced at its showcase production facility, as well as its 13 MGY facility, in Ontario, Canada. In 2013, Methes placed its first Denami 3000 processor into production, allowing the company to produce up to 6.5 million gallons of biodiesel per year. This increase in capacity helped the company ship over 1.3 million gallons of biodiesel from its primary production facility in 2014.

In recent months, changes to regulations and proposed initiatives surrounding the biofuel industry have placed Methes in a strong position to realize continued growth moving forward. In December, the company welcomed the reinstatement of the biodiesel tax incentive, also known as the Blender’s Tax Credit (BTC). With its renewal, the BTC provides a $1.00 per gallon tax credit to the first fuel blender of a volume of biodiesel that contains at least one-tenth of one percent petroleum-based diesel fuel.

“We are pleased with the reinstatement of the BTC,” stated Nicholas Ng, President of Methes. “This will result in us getting back approximately $1 million for biodiesel sold in 2014.”

In June, the U.S. Environmental Protection Agency (EPA) announced the details of a proposal to establish Renewable Volume Obligation (RVO) for biodiesel as part of the Renewable Fuel Standard (RFS). This proposal, which will be finalized later this year, will establish increased minimum volumes for biodiesel production in coming years. Although the proposal is subject to public comment and alterations before its execution, the initiative could open the door for significant growth for Methes moving forward.

“We applaud and thank the EPA for their renewed and strong commitment to the biodiesel industry,” continued Ng. “This is very positive news for the industry… and should pave the way for a healthy biodiesel market in the coming years.”

Through a combination of regulatory benefits and continued expansion of market share, Methes has made major strides towards realizing sustainable shareholder returns in recent months. During the first quarter of 2015, the company recorded strong financial results, achieving outright profitability for the period. In the coming months, Methes is in a formidable position to build on these impressive results. With its recently expanded offerings, which will now include Epoxidized Soybean Oil (ESO) and Natural Polyol, the company will look to continue growing its market share and investor returns into the future.

For more information, visit www.methes.com

Dominovas Energy Corp. (DNRG) to Deploy Proprietary Technology in Democratic Republic of Congo

Atlanta-based Dominovas Energy has completed a 3MW, multi-year guaranteed Power Provider Agreement (PPA) under which the company will utilize its proprietary RUBICON™ Solid Oxide Fuel Cell system to provide clean electricity to the City of David in the Democratic Republic of the Congo.

The City of David is a public-private partnership (PPP), between the government of the Democratic Republic of Congo and a private enterprise, which will comprise 3,000 homes, a hospital, health clinics, schools, malls, parks, food markets, sports centers, police stations, and waste treatment facilities across 8,000 hectares. The project represents the first of many efforts the Governor of the State of Katanga in the Democratic Republic of Congo is pursuing across his state to increase the availability of affordable housing and social facilities.

The physical deployment of the RUBICON™ in the Democratic Republic of Congo is expected to begin in the fourth quarter of 2016, marking the largest single deployment of fuel cell technology on the continent of Africa. The deployment also represents a paradigm shift in the Democratic Republic of Congo’s approach to addressing concerns regarding harmful carbon emissions, as well as to reducing the ever-expanding equipment maintenance and inefficiencies associated with increased costs, as are endemic with power generation from diesel generators and combined-cycle gas-fired turbine (CCGT) power plants.

The RUBICON™ will produce more than 25.5 million kWh of clean, efficient and reliable electricity every year. The 3MW PPA will yield more than US$100 million in guaranteed revenue to Dominovas Energy over the course of the agreement.

As announced in 2014, Dominovas Energy’s efforts are supported via its partnership with Delphi Automotive Systems LLC, a subsidiary of Delphi Automotive PLC, formed to jointly develop the technology and methodologies necessary to facilitate the commercial manufacture, assembly and deployment of the RUBICON™ system. The strategic partnership fully supports Dominovas Energy’s continued deployment of clean energy solutions on a multi-MW scale, in every market the company has engaged to deploy the RUBICON™.

Emilio De Jesus, president of Dominovas Energy African Operations, stated, “I am excited about this historic deployment of the RUBICON™ that will support the City of David project.” DeJesus and François Nyamulengwa, Dominovas Energy’s country managing director, are equally enthusiastic and have shared that they are additionally looking forward to Dominovas Energy’s continued engagement with the Democratic Republic of Congo, knowing that the country is dedicated and leading the charge in the “clean and efficient energy” movement.

“President Kabila’s leadership and foresight will allow the RUBICON™ to make a tremendous difference in the lives of millions in the Democratic Republic of Congo, and Dominovas Energy is honored to have been given this opportunity. We look forward to establishing a new paradigm for the future of how energy is distributed across the entire continent,” stated Nyamulengwa.

For more information, visit www.dominovasenergy.com

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Approach Resources, Inc. (AREX) Improving Industry Position through Reduced Operating Costs and Continued Development of Permian Basin Play

Approach Resources, Inc. (NASDAQ: AREX) is an independent energy company focused on the exploration, development, production and acquisition of unconventional oil and gas reserves in the Midland Basin of the greater Permian Basin in West Texas. As of December 31, 2014, the company owned and operated 729 producing oil and gas wells throughout Texas, providing access to reserves of nearly 150 million barrels of oil equivalent in Crockett and Schleicher counties alone.

According to the Railroad Commission of Texas, the Permian Basin is a significant oil-producing area for the state. In 2010, the region produced more than 270 million barrels of oil, and production increased slightly in 2011, reaching 280 million barrels. To date, the basin has produced more than 29 billion barrels of oil, in addition to 75 trillion cubic feet of gas, demonstrating Approach’s immense potential for sustained production into the future.

Moving forward, Approach will continue to focus on the development of its Wolfcamp shale oil resource play. In recent years, the company has built a large, multi-year inventory of identified drilling locations that should allow for continued increases of production and reserves at a competitive cost. By investing in improved field infrastructure systems, Approach has effectively reduced drilling and completion costs, allowing the company to thrive as a low-cost producer in the increasingly competitive oil and gas industry.

In the first quarter of 2015, Approach shifted its focus towards enhanced cost-reduction measures in order to remain profitable with slumping oil prices. In addition to recording a 21 percent year-over-year increase in total production, the company located significant savings in operating costs, allowing Approach to protect its balance sheet while increasing efficiency. As crude oil prices recover, these efforts should place the company in a formidable position to capture upside for investors.

“During the first quarter of 2015, we concentrated our efforts on identifying and implementing various cost-reduction initiatives and completing our backlog of uncompleted wells,” stated J. Ross Craft, President and Chief Executive Officer of Approach. “I am pleased to report our current well costs have been reduced to approximately $4.6 million as a result of our water recycling facility and service cost concessions.”

By entering into commodity price swaps and collars from time-to-time, Approach is well-positioned to partially mitigate the risk of commodity price volatility, which has proven a valuable strategy in recent months. As US crude oil inventories continue to drop and support greater oil prices, Approach is in a favorable position to further increase production throughout the Permian Basin.

For more information, visit www.approachresources.com

WidePoint Corporation (WYY) Utilizing Unparalleled Industry Experience to Remain atop the Cybersecurity Market

WidePoint Corporation (WYY) Utilizing Unparalleled Industry Experience to Remain atop the Cybersecurity Market

In 2014, the number of detected cyberattacks skyrocketed by 48 percent, costing companies in a variety of industries more money than ever before. This year, PricewaterhouseCoopers predicts that digital security issues will remain a major concern for businesses, with a forecasted 117,339 attacks occurring each day. With the cybersecurity market becoming more vital with each passing month, WidePoint Corporation (NYSE MKT: WYY) is in a strong strategic position to expand its market share and provide increased shareholder returns.

WidePoint is a leading provider of managed mobility services, telecom lifecycle management, and cybersecurity solutions. The company’s revolutionary approach to certificate-based security and associated consulting services has allowed WidePoint to differentiate itself for the competition, establishing a foothold in the competitive cybersecurity field while consistently meeting the evolving demands of the industry.

Since 1998, WidePoint has grown through the merger of highly specialized regional IT consulting firms. Following this innovative business model, the company has united decades of experience and fluency across a collection of technologies in order to provide an unparalleled array of solutions to meet customer needs.

During the first quarter of 2015, WidePoint leveraged its unique position within the cybersecurity industry, recording an 84 percent year-over-year increase in net revenue, and the company’s expanded presence in the government sector should help position WidePoint for sustained financial improvement. With the renewal of a task order from the Department of Homeland Security (DHS), which is valued at approximately $17 million over three years, the company is establishing channels to realize continued growth for the foreseeable future.

“We were pleased with our results in the first quarter of 2015 with slightly higher revenues than we had expected,” stated Steve L. Komar, Chief Executive Officer of WidePoint. “We remain on plan to continue to expand our DHS task order awards… while continuing our efforts at expanding our state/local and commercial footprints.”

While WidePoint’s biggest moves during the first quarter were in the government sector, the company also made strides towards growth in the commercial market. In addition to initiating work with an AT&T large financial services client regarding its next-generation identity management offerings, WidePoint continued to work closely with leading device manufacturers in expectation of booking initial revenues based on its Certificate-on-Demand™ digital certificate validation service during the second quarter of this year.

Under the direction of a seasoned management team with over 140 years of combined industry experience, WidePoint is in a strong position to continue expanding its impact on the cybersecurity industry moving forward. For prospective investors, the company’s recently released financial results provide an intriguing glimpse into WidePoint’s potential for offering sustained returns in the years to come.

For more information, visit www.widepoint.com

GW Pharmaceuticals PLC (GWPH) Rapidly Progressing Cannabinoid Product Pipeline in US and European Markets

GW Pharmaceuticals PLC is a biopharmaceutical company focused on the development and commercialization of novel therapeutics from its proprietary cannabinoid product platform. Currently, the company’s primary product offering is Sativex®, which is approved for the treatment of spasticity related to multiple sclerosis in 27 countries outside of the United States. To increase market share, the company has entered into licensing agreements for Sativex® with major industry players, including Bayer Healthcare in the UK and Canada and Almirall in Europe and Mexico, providing a platform for enhanced returns moving forward. In addition to approval for spasticity treatment, Sativex® is also in Phase III clinical development for the treatment of cancer pain, which is the lead indication for the US market.

Since 2007, GW has established a world leading position in cannabinoid science development through a global cannabinoid research agreement with Japanese pharmaceutical giant Otsuka. Under this collaboration, the company is primarily researching novel cannabinoid treatments for Central Nervous System disorders and oncology.

In addition to Sativex®, GW is currently developing Epidiolex®, an investigational drug designed to treat one of the most common neurological disorders in children, pediatric epilepsy. When completed, Epidiolex® should become the leading treatment for the disorder, providing a better solution to an underserved market of nearly 250,000 patients throughout the United States and Europe.

In an effort to prepare for future growth, GW recently announced the relocation of its Chief Executive Officer to its new United States operations center. A local presence within the US market could provide GW with the opportunity to realize substantial growth as the company’s products approach their final stages of clinical development in the United States. Likewise, the company is continuing to expand its UK manufacturing and R&D operations in preparation for future commercialization of its most advanced drug candidates.

“As Epidiolex® nears its final stages of clinical development and as GW prepares for future U.S. launch, the time is right to start building our in-house U.S. commercial infrastructure,” stated Dr. Geoffrey Guy, Chairman of GW.

With continuing progress towards pivotal Phase III advanced cancer pain results, an impending launch of Sativex® in the US and the advancement of its proprietary pipeline of cannabinoid orphan drug opportunities, GW is in a strong position to provide improved shareholder returns in the coming months. Moving forward, it’s an opportune time for prospective shareholders to consider investing in this expanding company.

For more information, visit www.gwpharm.com

View Systems, Inc. (VSYM) Offers Solution during TSA Woes

The Transportation Security Administration (TSA) didn’t just get a bad score when undercover federal investigators tested the integrity of our nation’s airline security; the agency bombed it (pun intended). According to a critical Inspector General’s report, undercover investigators toting illegal weapons or simulated bombs were able to penetrate security checkpoints an astounding 95% of the time.

The acting head of the TSA, Melvin Carraway, has since been removed from his post and was reassigned to the Office of State Local Law Enforcement at the Department of Homeland Security headquarters. While the TSA and Homeland Security work to identify the weak links in aviation security, they’re finding out what View Systems, Inc. (OTC: VSYM) has known all along: weapons detection technology is in dire need of an overhaul.

View Systems is a Baltimore, Maryland-based security technology products company well ahead of the game. The company’s flagship product, ViewScan, is an advanced walk-through Concealed Weapons Detection System (CWD) that greatly simplifies the process of discriminating suspicious items from harmless ones.

While TSA practices made us all feel a bit safer traveling after the 9/1l attacks, we’ve all grown irritable at the long airport lines, which the recent report insinuates are largely a bust. You remove your belt, shoes, jewelry and anything else that might raise an alarm. When you walk through the X-ray scanners, something as innocuous as a $5 bill in your back pocket warrants a hands-on frisk. If you’re among the pacemaker, pregnant or hip replacement bunch, you’ll get a frisk anyway. This slows down the line, requires extra manpower, and jumbles the entire security process.

According to Homeland Security Research Corp.’s People Screening Technologies and Global Markets 2012-2016 report, the main concepts of future checkpoints will focus on strengthening the security process by:

• Focusing resources where risk is greatest
• Supporting this risk-based approach by integrating passenger information into the checkpoint process
• Maximizing throughput for the vast majority of travelers who are deemed to be low-risk with no compromise on security levels

With ViewScan, View Systems is already aligned with the future’s security needs and is on track to become a leading weapons detection security company. The highly sensitive, completely passive sensor technology powering the ViewScan system accurately detects the location and number of threat objects such as knives, guns and razor blades while ignoring personal artifacts like coins, keys and belt buckles. Furthermore, it’s safe for people with pacemakers, pregnant women and those with replacements.

The average hourly throughput at an airport – meaning the number of people corralled through security in an hour – is estimated at 220 per hour. By accurately and quickly determining between weapon and personal belonging, ViewScan has the potential to nearly quadruple this throughput at 900 people per hour.

Airport security is just a fraction of our nation’s security market and represents only a small degree of View System’s applicability to the broader security industry. The company’s technological solutions also target modern security problems of law enforcement facilities such as correctional institutions and other government agencies, schools, courthouses, event and sports venues, the military and commercial businesses.

While View Systems has no direct competitors, its technologies are complementary to several billion-dollar people screening vendors, including Analog Corp. (NASDAQ: ALOG), which in addition to making medical imaging devices manufactures advanced explosive detection equipment used to screen checked baggage and checkpoint carry-ons specifically for the aviation industry. OSI System’s (NASDAQ: OSIS) Rapiscan Systems subsidiary offers a range of event security and people screening solutions for a wide variety of applications.

In an age of ever-increasing and always evolving threats, experts say that within the last decade, the security industry has been the fastest-growing sector of the global economy. Today, it is conservatively estimated to be a $100 billion-a-year industry and growing. As the business environment continues to get more complex, especially in foreign markets, View Systems is among industry-leading companies strategically positioned to capitalize on unsurpassed opportunity and fill aviation and other security gaps.

For more information, visit www.viewsystems.com

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ENGlobal Corp. (ENG) Business Segments Provide Specialized Approach to Technical Services Industry

Houston-based ENGlobal Corp. (NASDAQ: ENG) is a top-ranked provider of energy-related automation and engineering services, strategically emphasizing quality and safety to deliver innovative, energy-related automation integration services and EPCM projects for its global client base.

By conducting its business through different and highly-focused segments, ENGlobal is able to excel in each division and efficiently serve the energy and government sectors throughout the United States and internationally. Among its various accolades, the company for more than 10 years has been ranked by Engineering News Record Magazine as a Top 500 engineering firm. ENGlobal has also received honors from Business Week magazine, the Houston Chronicle newspaper and American Executive magazine.

ENGlobal’s Automation segment concentrates on a variety of products and services related to the design, fabrication and implementation of distributed control, instrumentation and process analytical systems, as well as the environmental technology field. Within this segment, ENGlobal specializes in analytical, industrial HVAC, hydrocarbon transportation and distribution, power solutions, control systems and modular enclosures/buildings.

Consulting services offered by the company’s Engineering and Construction Group (EPCM) target the development, management and execution of projects requiring professional engineering, construction management, and other related support. Within the Engineering segment, ENGlobal’s Government Services group provides engineering, design, installation and operation and maintenance of various government, public sector and international facilities, and specializes in the turnkey installation and maintenance of automation and instrumentation systems for the U.S. defense industry.

ENGlobal’s Subsea Controls and Integration (SCI) group provides advanced process automation design, engineering service and equipment needed to effectively integrate communication protocols between topsides production facilities and subsea devices. At the core of this segment is the company’s patented Universal Master Control Station (UMCS), a pre-engineered solution that utilizes off-the-shelf software and hardware to interface with topside systems and components.

In its 29 years of operations, ENGlobal has built a global workforce of more than 400 industry professionals ranging from drafters and designers to technical specialists with a united vision to see the company achieve its mission of becoming the preferred provider of innovative automation integration services and select EPCM projects worldwide.

ENGlobal participates in the broader technical services industry along with Pasadena, California-based Jacobs Engineering Group (NYSE: JEC) and Houston-based KBR (NYSE: KBR). The company maintains its position alongside these and other large-cap players by building on its global reputation for designing state-of-the-art plant automation systems, full-service instrumentation packaging, a world-class safety performance record, multiple alliance agreements with industry-leading clients, and more.

For more information, visit www.englobal.com

From Our Blog

Ford Otosan Deploys Vehicle Manufacturing Application Built with D-Wave Quantum Inc.’s (NYSE: QBTS) Technology

April 22, 2025

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced that its technology is being deployed in a live manufacturing environment at Ford Otosan’s production facility in Turkey. The hybrid-quantum application is aimed at optimizing the manufacturing sequencing of Ford Transit vehicles, which are produced in thousands of different […]

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