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Gargabe one man pump... thanks for the laugh...
$PSFT: Added another 20k........ low floater
GOoooooooooooooooooo
GO $PSFT
$PSFT: Ahhhhhhhhhhhh.... ok
Appreciate the input :)
So then.......... what brings you here ?
GO $PSFT
dark and defunct...no reinstatement. No filings.
$PSFT: HMMMMMMMmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
I wonder !
GO $PSFT
NEW PATENT = GREAT NEWS PowerSafe Technology Announces Award of 5th US Patent Titled Low level Signal Detection by Semiconductor Avalanche Amplification
PARAMUS, NJ, Jun 10, 2013 (Marketwired via COMTEX) -- PowerSafe Technology Corporation (PINKSHEETS: PSFT) announced that on May 14th its wholly owned subsidiary Amplification Technologies Inc. (ATI) (www.ampti.co) was awarded U.S. Patent # 8,441,032 titled "Low level Signal Detection by Semiconductor Avalanche Amplification."
"We are very pleased with the award of our 5th U.S. patent," said Jack Mayer, President of PSFT. "It further deepens the patent protection around our breakthrough detection technology. We expect to file additional patent applications in the coming 12 months."
"PSFT's latest generation of devices, which are covered by our most recent patent, provide very high sensitivity to short wave infrared light (SWIR) without the need for cooling," said Mikhail Leibov, CEO of ATI. "Competing devices need to be cooled to about -55C degrees to achieve comparable sensitivity, which makes their use in consumer applications and many commercial applications unfeasible. We expect the superior sensitivity of PSFT's devices, coupled with the reduction in complexity, weight and energy consumption made possible by eliminating cooling, to open new horizons in imaging and night vision in both commercial and consumer applications.
Lockeed Martin was who the company signed contract with last year, i wonder if that was the company with the order, so little news so far apart.
PSFT Ringing the Cash Register Larger orders are being shipped it has taken a while but it is happening.
I saw you referenced PSFT on the BCCI board.
Is there something going on here you would like to share?
Did You see the News from NASA PSFT - POWERSAFE Technology is granted new grant from NASA brings 600k revenue on top of the past grant from Lockheed Martin and NASA US ARMY is supporting the technology.
PSFT NEWS
PowerSafe Technology Announces Effectiveness of 6:1 Forward Stock Split
NEW YORK, NY, Oct 03, 2010 (MARKETWIRE via COMTEX) -- PowerSafe Technology Corporation (PINKSHEETS: PSFT) announced today that the previously authorized 6:1 forward stock split is now effective and that its stock will be trading ex-split on Tuesday, October 5.
About PowerSafe Technology Corp. (PSFT) Based in New York, PowerSafe Technology Inc. (www.psftinc.com), through its wholly owned subsidiary ATI (www.ampti.net), seeks to transform the field of low-level signal detection. The company's patented platform semiconductor technology has the potential to offer unparalleled and far-reaching benefits to industries such as medical diagnostics, drug development, scientific instrumentation and homeland security. The technology has been successfully used to develop extremely sensitive detectors of low levels of light and the company believes its detectors will be used in many existing applications as well as open up new markets. ATI's technology is patented to encompass detection of signals other than light, and could in principle be used to create highly sensitive biological, radiological, electrical, and chemical sensors.
Forward-Looking Statements This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of PowerSafe and Amplification. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties inherent herein and those set forth in PowerSafe's SEC filings and such other matters as are contained therein. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.
Contact:
PowerSafe Technology Corp.
Jack Mayer
Pres.
718-951-8021
Email Contact
Avery Kornbluth
COO
718-951-8021
Email Contact
SOURCE: PowerSafe Technology Corporation
Did you see today's news WOW another grant from the US Army. They should do 500k this year and more in grants soon on New night vision technology
Don't forget if you buy shares now the company has already announced a six for one forward split.
PSFT.pk
PowerSafe Announces Successful Completion of Two NASA Phase I SBIR Projects
http://finance.yahoo.com/news/PowerSafe-Announces-iw-428540745.html?x=0&.v=1
Follow PSFT on twitter for exciting updates.. http://twitter.com/Powersafe_Tech
In bed with lockhead, and a possible contract with Nasa, things look bright here
In bed with lockhead, and a possible contract with Nasa, things look bright here
In bed with lockhead, and a possible contract with Nasa, things look bright here
looks like news is coming
i hope
It's really moving now!! Last Price $.85 Go baby Go!!
PSFT is starting off the year going in the right direction. Last trade $.83 bid: .80 by Ask: .83
Let's go to the moon on this one!
The PR on NASA was very exciting news to say the least. Happy New Year to you as well!
looking for a NASA blast off
and
some action in 2010 ITS slow now, however we will be merry in early 2010
. my other stock i urge you to look at is SFNL.
PSFT is moved to $.80 today. Bid .78 Ask .80
just bought some stock
looking towards a great 2010!
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6852000
10-k
PR
http://finance.yahoo.com/news/PowerSafes-Amplification-bw-174384552.html?x=0&.v=1
PR -
PowerSafe Announces Its Selection by NASA for Two Small Business Innovation Research Projects
http://finance.yahoo.com/news/PowerSafe-Announces-Its-bw-646079518.html?x=0&.v=1
What's the skinny with the company today? I am getting a lot of spam about it from brokers lately....something up and coming?
PWSF.OB Making NASA and NIST Technology Available for the Masses
Powersafe Technology Corporation recently entered a merger agreement with Amplification Technologies, and although it may not be a household name, Amplification’s photodetectors and optical devices have been known to the industry since 2000. They have done work and received research grants from NASA, NIST and the U.S. Department of Energy (DOE), and have attracted nine PhDs to their staff. All these things have occurred in 7 short years of operation, and now - in potentially the biggest step yet - the company plans to make their products available to private industry.
It is anticipated that, by late 2008 or early 2009, Powersafe will begin generating revenue from the sales of their products, and by the year 2011, the company expects to be profitable. They anticipate that the next five years will show them generating over $80 million in annual revenues, which will translate into $30 million in pretax net income. Amplification’s photodetection devices are not just run-of-the-mill equipment, but state-of-the-art technology that has attracted the interest of more than a few companies.
The secret to their success was the invention of an extremely sensitive photodetector technology that has significant performance and cost advantages over traditional devices, and is positioned as the next-generation, solid state technology for low-level light detection. This solid state technology allows the photodetectors to generate exceptionally low internal noise while maintaining very high sensitivity and amplification gain. These devices are small, rugged and portable, and show no negative effects of exposure to magnetic fields. In addition they are easy to manufacture and can be readily integrated with other electronic devices.
The current market for photodetectors has been estimated at around $250 million a year, with continued growth projections. The company believes that, when it enters the market, it will make an immediate impact with its superior products and grab a sizable market share while at the same time accelerating the growth of that market. Potential uses for these devices are endless, but a few examples are radiation detectors, environmental monitoring, medical diagnostics, drug development, telecommunications and defense. Once the private industry gets its hands on these products, more uses will surely generate.
PWSF.OB Recently Executed a Merger Agreement with Amplification Technologies
In April, Powersafe Technology Corp. (PWSF.OB) entered into a merger agreement with Amplification Technologies, Inc., a semiconductor technology firm based in Valley Stream, NY.
Under the terms, Amplification will receive approximately 31,500,000 shares of Powersafe to be distributed to current Amplification shareholders. A portion of the shares will be held in reserve to use for options and the conversion of convertible preferred stock. Powersafe will acquire $700,000 of non-convertible preferred stock in the transaction. Jack Mayer, a controlling stockholder of Amplification, was appointed director and President of Powersafe as of March 31, 2008.
Amplification has raised $2 million in funding to execute the transaction, of which about $1,360,000 was placed as capital to Powersafe. An estimated $625,000 was utilized to purchase 100% of the issued and outstanding stock in Powersafe. Mayer and his wife acquired 27.2% of the issued and outstanding shares in Powersafe.
Powersafe in turn used $1,280,000 to purchase non-convertible Series C Preferred Stock issued by Amplification. About $730,000 of the funds were used by Amplification to redeem non-conservative preferred stock of Amplification that were held by Mayer. The Series C shares have a 2% monthly pay-in-kind dividend and are flagged to be retired as part of the merger.
Amplification’s science team has invented an acutely sensitive photodetector technology that has performance and cost advantages over current traditional systems. Amplification’s patented semiconductor technology allows the amplification of weak signals with very low noise. The platform is applicable to the detection of signals other than light and can be used in principle to create highly sensitive biological, radiological, electrical, and chemical sensors.
The merger is scheduled to close by the end of May 2008 once all the conditions of the merger agreement are fulfilled.
PWSF.OB is “One to Watch”
Powersafe Technology Corp. intends to manufacture and distribute multiple-outlet power boxes. The company owns the technology and patent for the device. The patent, entitled the “Power Outlet Box with Special Protection Logic,” was approved and granted by the United States Patent and Trademark Office on January 13, 1998, and was assigned U.S. Patent No. 5,708,554.
One of the principal goals of the device is to prevent the interruption of power to the main unit (such as a computer or medical device) because of a short circuit or other difficulty with one or more of the secondary units (which could be a plethora of devices). Additional benefits the technology offers includes selective fuse protection for secondary outlets, a more durable and reliable design, and more cost effective manufacturing process.
Powersafe recently entered into a merger agreement with Amplification Technologies. Amplification’s scientists have invented an incredibly sensitive photodetector technology that has considerable performance and cost advantages over conventional technology. The company believes it is poised to lead the next generation of solid state technology for low-level light detection. This technology is already patented to encompass detection of signals other than light, and could be used to create exceptionally sensitive biological, radiological, electrical, and chemical sensors.
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PowerSafe Technology Corp. (PSFT)
PowerSafe Technology, thru our wholly owned subsidiary Amplification Technologies (ATI), (www.ampti.net) seeks to transform the field of low-level signal detection. ATI’s patented platform semiconductor technology has the potential to offer unparalleled and far-reaching benefits to industries such as medical diagnostics, scientific instrumentation, surveillance/monitoring , and homeland security. The technology has been successfully used to develop extremely sensitive detectors of low levels of light and the company believes its detectors will be used in many existing applications as well as open up new markets. ATI’s technology is patented to encompass detection of signals other than light, and could in principle be used to create highly sensitive biological, radiological, electrical, and chemical sensors. Over $9 million has been invested in ATI to date. In addition, ATI has received over $800,000 in government grants.
In April ’10 ATI signed a contract with Lockheed Martin that will provide ATI funding to demonstrate the feasibility of certain improvements to its detectors. We strongly believe that we will successfully demonstrate feasibility resulting in a much more extensive program to develop and produce devices for Lockheed Martin. We are expecting similar projects with other entities that have evaluated our devices and are also optimistic that this project will lead to work with Lockheed Martin on additional projects.
In general, the introduction of semiconductor chips has revolutionized technology. One area of technology which to this day primarily uses vacuum tubes is highly sensitive photodetection. Sensitive photodetectors are essential components of numerous commercial products in markets such as medical imaging, scientific instrumentation and security/defense. ATI’s scientists have invented and patented an extremely sensitive semiconductor technology that we believe has significant performance and cost advantages over traditional vacuum tube technology, and that is positioned as a next generation solid state technology for low level light detection.
ATI’s platform semiconductor technology allows for amplification with very low noise of weak signals generally. Over time the technology has the potential to introduce transformational changes in a multitude of industries.
Initially ATI developed its technology on silicon, the semiconductor material generally used to detect visible light. In connection with of a NASA phase II SBIR grant, the company successfully extended its technology into the near infrared (NIR) spectrum, using an InGaAs/InP material, and developed the world’s best performing high gain solid state photomultiplier for NIR wavelengths of 1000-1700 nm. In 2009, ATI began marketing and shipping NIR prototypes, and to a much lesser extent silicon based prototypes. The devices have generated considerable interest among both commercial and governmental entities. In January ’10 we were awarded two additional NASA SBIR grants to extend our NIR technology even further. We believe that we will obtain yet more government funding this year to expand our work. We also anticipate completing a run of silicon devices in 4Q10 that will be commercial quality and have the potential to be market leaders in their space.
Nevada Agency and Transfer Company
50 W. Liberty St.
Suite 880
Reno, NV 89501
Powersafe Technology Corp.
1400 Coney Island Avenue
Brooklyn, NY 11230
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