Without agreements, partnerships,approvals, distribution, revenues, cash flow this stock will go no where. It doesn't matter if you have the best technology in the world if you cannot sell it then there is no business and you go under or sell the company.MPhase has none of the above. All it can do is put out PR fluff!
But they don't have even good technology...what they have is dead technology (currently electro-wetting) that has been around for decades that nobody (the big boys, i.e. LUCENT, etc.) ever wanted to run with.
In FACT, mPhase has to license the technology from Lucent in order to use it for his sc-am purposes.
In FACT, mPhase doesn't have it's own labs, technicians, scientist, etc...THEY ARE ALL RENTED...that is the FEW that they have ever talked about.
In FACT, mPhase is nothing more than a group of con artists (approx. 8) that simply create smoke-and-mirror effects to justify FLU-FF PRs so they can sukker in naive mom and pop retail investor types to buy the stock they and their insider buddies are dumping....again hence the BILLIONS of outstanding shares that have been PUMPED into the market by a company that has NEVER PRODUCED A PRODUCT much less sold anything OTHER THAN STOCK in it's 27 year history.
CORRECTION: 17 year history NOT "27". Durando started mPhase in 1996. After leaving his penne stock broker job...and he simply took his ammoral, unethical skill sets with him and plowed then into mPhase using various "dead" technologies as the hook to entice.