This teaser comes to us from Andrew Gordon of Investor’s Daily Edge and The Wealth Advantage, which says it “reveals undervalued opportunities for large gains in very safe investments.”

The service looks pretty good in the ad, as they all do — Andrew says he looks for good management (especially new management brought in to fix things), good hidden assets owned by companies the Street thinks are in crisis, and good entry timing (avoiding “falling knives”). I’m sure we would all make money if we could find such companies with consistency.

The last one of his stocks that we sleuthed out a little while back was SunPower, which doesn’t seem to have that “crisis” flavor to it, though he did think they had a hidden asset in their top-of-the-line PVs … but perhaps he has other investing ideas as well.

And the examples he gives, a cherry-picked list of the best “crisis recovery” companies of the past several years, also sound like great ideas (at the time of their bottoming):

aQuantive (which the Fool also likened to the “next Google”, as we’ve sleuthed before), Hewlett Packard, Apple, Flir, Elan, American Airlines … etc., etc. I didn’t notice anywhere that he said he had actually recommended these stocks at the bottom, or profited from their comebacks, but he does use lots of fancy looking charts to make it seem as though he is in some way responsible for the money investors made on these names (and not for the money they precipitously lost before their turnarounds).

So the argument is, once we know which companies actually did recover from their crises, wouldn’t it be great to use your time machine to go back and invest in them?

Of course, that’s not what he says — he says he has a system for picking the companies that will recover out of the rabble. Maybe it even works, I guess time will tell.

So what’s the tease for the best “crisis” stock he’s found for us to invest in?

“Without a doubt, this is a multi-billion dollar technology firm in the making… and yet its market cap is less than $185 million. One analyst has said that ‘this company has a better pipeline than Hewlett-Packard.’ Others have compared this firm to a young Microsoft or an up-and-coming Intel. And today, you can buy it for around $4.00 a share.”

Well, hard to argue with that, eh? He notes also that the company has fallen by about 95%, but has “more than 100 patents that cover several billion dollar applications.”

The cool stuff that this company is reportedly working on includes:

A tiny projector for cell phones.

High quality, disposable surgical endoscopes.

A “device that could make plasma screens obsolete.”

And so on … lots of pie in the sky sounding stuff that sounds pretty awesome.

So … would you like to, in Andrew’s words, turn “$10,000 into $100,000 in one stock…”?

I have no idea if it’s really worth the money … but thanks to the sleuthing work of an anonymous Gumshoe reader (didn’t even have to take out the craniotronic for this one), I can tell you that this company is …

Microvision (MVIS)

It is indeed still trading right around $4 — $4.20 this morning, and the market cap is right around $180 million. It does indeed have a lot of patents, though I don’t know if they’re worth any money, let around “multi-billions”. And they are developing all those cool things they teased in the ad and more, as well as continuing to develop next generation barcode scanners.

As far as “crisis” goes, they are certainly way down from their 2000 peak of about $80 … and also well recovered from their trough of just over a dollar last fall. Don’t know why they fell or why they recovered.

I also have no idea how this company’s products compete in the marketplace, but they certainly do have some revenue — including government contracts, ongoing sales of scanners, and some smaller stuff based on their MEMS imaging technology. Perhaps they’ll be a world-beater, perhaps not — that’s for you to decide.

As a quick thumbnail from my glance at their info: They have more debt than cash, but look to me to be pretty far from being profitable (and their revenues aren’t growing, at least not in the latest quarter). They do have outstanding warrants, traded at MVISW if you’re interested, so take those into account when you make your valuation calculations, if you’re interested. And there is a substantial short interest of close to 10% of the float. So caveat emptor, and let us know if you think anyone will be making money from this one.

And just FYI: You haven’t missed anything in the time it took to get to this one — it closed at $4.23 yesterday, the same as the closing price on the day I originally got this email last week.

And if you bought it around $80 seven years ago, feel free to share your sob story. Thanks again to my anonymous reader for bringing this teaser and it’s solution to our attention.