I haven't changed my mind-
xavierducats • Nov 21, 2013 12:39 PM
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Pump and dump.
Promoters, Dixon in particular, would not be flogging this so hard for any other reason
King Airs? Announced as an option more than five years ago. Any orders? No
I feel sorry for anyone falling for this BS.
You revise history in one way, Joe tells a different story.
He claimed Hankuk couldn't compete with new film from Hitachi (despite the fact that Hitachi film didn't show up for years)
It could be that St. Gobain didn't see SPD as suitable for window glass. Could be that they were/are right.
And may I remind you, none of the licensees have seen any financial advantage to owning a piece of REFR.
That includes inactive licensee St. Gobain.
Another company would have to spend far less than the current market cap to take SPD from the point of expired patents and improve it beyond what is currently offered.
You folks are either dreamers or paid pumpers.
And management that has misled shareholders consistently for 28 years now is completely honest and above board.
There must have been some kind of mass religious conversion.
I think Yahoo deep sixed a lot of old, unused IDs. That may be why N_Dixon is not being used.
As far as who I am, I thought you knew. You can always ask Joe.
And as far as working off old patents, the last one that could have been a barrier was the one involving the spheres containing the particles suspended in a film with the same specific gravity and angle of refraction.
Companies that are interested in picking up on technologies look ahead and start development so they are ready for market as technologies become public domain.
That "struggle" has taken place with a small, under equipped lab, with personnel that no other company has been tempted to steal away. It has been drawn out in a way that has kept management well paid, and SPD out of the mainstream. During the entire process, investors have been grievously misled.
Saxe sold REFR on the basis of monitors and displays. Such an application is impossible with any assisting technology available either at the time or the present. A major promoter of REFR, Al Malvino, was fully aware of the limitations.
REFR was being touted for rear view mirrors, and products were said to be imminent, at a time when there was no film supply and Federal regulations would not allow the use.
SPD was announced to be up coming in eye wear made by a company that disclaimed any interest in the products. (and soon after dropped the license)
Joe Harary proclaimed the film from Hankuk/SPDI to be of excellent quality and in mass production. Soon after, he admitted it was hazy and the factory was being decommissioned.
Joe then claimed that Hitachi film was ready for production. It would be four more years before any quantity was seen.
During the time that only hazy film was available, and only tiny amounts, REFR management gave investors hope for profits in 2003, claiming it to be based on projections from licensees. Those licensees consisted of a companies with no production facilities of their own, no sales or distribution, a
You know full well that Manuel Asensio does not post here, and you know the Yahoo policy on real names. Do you want your own real identity disclosed?
Other smart glass technologies don't restrict visibility when viewed at an angle, and are not limited to a dark blue tint. Maybe that is why almost all uses so far are in overhead applications, or restrooms.
Other smart glass applications are not dark in the un-powered state, thus can be used in rear view mirrors.
Other smart glass applications have been developed by multiple companies with a wide variety of ever improving technologies.
$90M spent over 28 years, and less than a quarter of that for real R&D. More spent on top management than R&D. The company is still losing money, and the current stock price is far closer to zero than it is to the promoters predictions.
What makes anyone here think that a competent team of researchers couldn't take a version of SPD based on patents up to those that expired last year and produce a better SPD product at a lower price than existing versions? What does it tell you that no company has ever given a hint of trying? What does it tell you that GE, Air Products, Bekaert, DuPont, Glaverbel, St. Gobain, et. al. declined to pursue the SPD dream?
The way I see it, real investors want all the information, not just empty cheer leading.
You could start by listening to people who have been right over the last fifteen years, instead of Dixon who has been dead wrong.
You are asking someone whose past predictions were off by two orders of magnitude. According to TRD, she should have been raking in dividends for the last decade on REFR stock values at over $400/share.
In other words, income has stagnated, and no one really knows if it will pick up again.
SPDiots have proven themselves great at making glowing predictions that fizzle in the end.
That hasn't stopped the insiders from rewarding themselves at the shareholders expense.
While you longs are waiting, anyone care to hazard a guess as to revenue and expenses?
Just to get you started, I'll take a WAG at 100K increase for both total revenue and total operating expenses compared to last quarter.
You will discover soon enough the worthlessness of any remaining unexpired REFR patents.
Note that Boeing also has their own patents on control systems for EDWs and for the energy harvesting devices.
The patent application takes the usual approach of being as inclusive as possible.
It does show that Boeing has their own R&D that is quit independent of any RFI licensee.
Dixon must have been on Cloud 9 last night and not come down.
I pointed out many years ago that since RFI had handed off virtually all development to more capable companies, they ran the risk of losing control of the technology. (Even the long-gone aarrcc agreed with me on that) Now all important REFR patents have expired, and these companies have secondary patents of their own.
If SPD was really poised to become a profitable technology, which it is not, other companies would not passively hand RFI 10-15% of the net selling price of something they could easily control themselves.
The fact that there is no company showing any sign of bothering is ample demonstration that they consider it an unimportant side show.