Universal Detection Technology engages in the research, development, and marketing of bioterrorism detection devices in the United States. It supplies government agencies, defense sector, and commercial companies with the early-warning monitoring technologies and counter-terrorism training programs that protect people from bioterrorism and other infectious health threats.

The markets reacted badly today with a plethora of newsworthy information being released. At the start of the day Charles Ortel, managing director for Newport Value Partners, made headlines by telling Yahoo he thought GE was only worth 2 dollars a share. GE was down almost 4% percent in fear that a 2 dollar GE would bring down the DOW to 6000 levels.