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Mr WISE u still here ?
im moderating a new board today plaese bookmark it ( and also CVNI if u forgot ) Please a TYPO why im CHUCKaaaa
http://www.investorshub.com/boards/board.asp?board_id=8177
News out on REVs as forcast:
I am a promoter for this company: see former postings:
Silverado Financial Announces Letter of Intent to Acquire Realty Capital Corporation
CAMPBELL, Calif.--(BUSINESS WIRE)--April 9, 2003--
Acquisition Would Represent Silverado's Entry Into the
High-Growth Consumer Finance Market and is the First
in a Series of Targeted Acquisitions
Silverado Financial, Inc., (OTCBB:NUKE), a multifaceted financial technology company, today announced a binding letter of intent to acquire Realty Capital Corporation, a privately held company majority owned by Silverado's president, John Hartman. Realty Capital is a fully licensed mortgage broker with both FHA and VA conforming and non-conforming loan capability. Its strategic direct "A/A+" lenders are 11 in number with outlets to B, C, and D paper lenders, as well as hard money where the closing must be expedited. This acquisition represents Silverado's entry into the high-growth consumer finance market and integrates its proprietary, Internet based, software product targeted at interlinking independent real estate and mortgage professionals with Silverado's mortgage bank and consumer lending group.
Realty Capital is projecting $750,000 in 2003 revenues as a specialty consumer finance company that invests, originates and services mortgage loans, which are primarily secured by first and second mortgages on residential and commercial properties. Realty Capital also invests in and originates and sells notes payable and subordinated debentures to investors on a selective basis.
The purchase price will be the net asset value of Realty Capital based upon an independent third party valuation. No consideration will be paid for any intellectual property or goodwill. The acquisition has been approved by the board of directors of each company, subject to the valuation, financial information and shareholder approval at the Company's next annual shareholder meeting, the date of which will be subsequently announced. The company intends to file a proxy statement under Form 14A, which together with its annual report and the agreement to purchase Realty Capital, its financial information and valuation, will be presented to the shareholders for their approval.
"The Realty Capital acquisition is our first in the series of targeted acquisitions, which we expect to complete this year," stated John Hartman, President and CEO of Silverado Financial Inc. "This acquisition is the first using a specific acquisition model, which has been proven to be successful in real estate brokering and the registered investment advisor markets to outstanding success. We are in active negotiations with several acquisition targets and from closure of any two of these target acquisitions we are projecting approximately $3.5 Million in revenues and profitability for the year."
Silverado Financial, Inc. is a multifaceted financial technology company which plans to be a services company focused on mortgage brokerage, mortgage banking, property management, commercial property investment and software technology related to the real estate and lending industry.
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 the Company. 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. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "plan," "expect," or similar expressions, and are subject to numerous known and unknown risks and uncertainties. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this Release, including the above matters and in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
CONTACT:
Cervelle Group Public Relations, Orlando, Fla.
David Donlin, 866/295-7878
dave@thecervellegroup.com
SOURCE: Silverado Financial Inc.
RISK and ....the wait we have here will someday ...make a loud noise. If a tree falls in the woods and no one hears it ...DID IT REALLY FUSION?
ChuckaFALL
And I talked on the CHIP TECH elsewhere, alas, it took Gallium out of the Silicon when others such as IBM where switching silicon with other rare earth metals and elements.
PS- Anyone want to cleanse, GALLIUM OUT FROM OTHER STUFF ? Or is it CLENS...LOL, or CLEENS -
THE PS just passed spell check on my WORD program ( but in iHub it caught the two last C words as WRONG )...I had wrote it at the Gallium Company called GCU.v at RB and I wrote on Purification at NUKE board there. Maybe someone will want out 5 or 6 or 1 techs, maybe the cash flow will come first from money loans and fees.
Hi,I talked to Al G yesterday and to Sean last week. A more comprehensive information exchange will be set up in the future as to now, there is a quietness in public and plenty of workings are assured to be going on. Forward is the direction and looking back to the old 1 thru 6 TECH SIDE I talked about and was assured that a study of such will be in a future. Cash is king now and I suggest that anyone interested call the PIPELINE folks and the COMPANY FOLKS and ask any questions.
I have all there e mails: if you need them
chuckalau@aol.com
Chucka
SEC Disclosure as On-Line Public Relations Helper: I identified myself as in the yesterday phone call -" hi, Al; Chuck here from RHOMBIC! " He did not correct me LOL.
P.S.- About 100,000 share a year disclosed and even talked about in general terms yesterday. Specifics not advise yet.
ChuckaONETECHatatime
Chucka have you talked to the company to see if they have filed to go n the BBX this year ?
No fears, charts will surprise one day :
PLATINUM combined with STRONG DIAMOND DUST say strong: FC in D-C NEWS today: STACK this in a future I still see:
Creating a Powerful Fuel Cell
The NECAR 4 is powered by liquid hydrogen stored in a cryogenic cylinder resembling a large thermos at the rear of the vehicle. The fuel is then processed by a Proton Exchange Membrane Fuel Cell (PEMFC). Inside the PEMFC, a platinum-coated membrane separates hydrogen into protons and electrons and combines them with oxygen in the air to form water. This surplus and deficit of electrons and protons creates positive and negative terminals that, when connected, produce electricity, which in turn, powers the vehicle.
"Fuel cells give you the range of conventional gasoline engines and the emission benefits of electrical vehicles, " Panik added. "You have a quick refueling process, unlike electric vehicles which need to be plugged in overnight. Yet, it has few moving parts like an electric vehicle and is quieter than a conventional car. " ..""
http://www.autointell.net/nao_companies/daimlerchrysler/dc-product-development/daimler-necar4-99.htm
and
DaimlerChrysler Presents First Driveable Fuel Cell Technology Car in the U.S. Washington D.C. March 17, 1999 - DaimlerChrysler Chairmen Robert J. Eaton and Juergen E. Schrempp unveiled the first driveable zero-emission, fuel cell car in the United States that demonstrates a 40 percent increase in fuel cell power and up to three times the range of a battery-powered vehicle
and
http://biz.yahoo.com/bw/021209/92223_1.html
""
Release Source: Millennium Cell
Millennium Cell and DaimlerChrysler Formalize Next Phase of Cooperation
Monday December 9, 9:08 am ET EATONTOWN, N.J.--(BUSINESS WIRE)--Dec. 9, 2002--Millennium Cell Inc. (NASDAQ: MCEL - News), a leading technology solutions company that has created a proprietary technology to safely store, generate and deliver pure hydrogen utilizing sodium borohydride, and DaimlerChrysler have moved into a new phase of their business relationship, with DaimlerChrysler agreeing to fund continued development of the Millennium Cell Hydrogen on Demand(TM) hydrogen fuel system for the automaker's fuel cell vehicles. ADVERTISEMENT
"For over two years, we have benefited from our cooperative relationship with the Liberty group of DaimlerChrysler. Today we are pleased to announce our continued cooperation to further develop the Hydrogen on Demand(TM) fuel system for their fuel-cell powered vehicles," said Rex E. Luzader, Millennium Cell Vice President, Business Development for Transportation and Hydrogen-Fuel Infrastructure. During DaimlerChrysler's recent North American Innovation Symposium in New York City, Bernard Robertson, DaimlerChrysler Senior Vice President For Engineering Technologies and Regulatory Affairs, announced that the automaker plans to introduce a fleet of "clean, efficient" hydrogen-powered fuel cell vehicles (FCVs) in the U.S. next year as part of a "worldwide test program." Additionally, Robertson said the company will develop a second generation FCV powered by sodium borohydride. "We will also begin the transition to the powertrains and fuels of the future," he said. "Many of us in the automobile industry believe that includes fuel cell powertrains and hydrogen fuels." Last year, DaimlerChrysler became the first automaker to produce a vehicle using Millennium Cell's sodium borohydride-based Hydrogen on Demand(TM) fuel system. "The success of the Natrium(TM) Town & Country minivan has exceeded our expectations and we are now focusing on further optimizing the fuel system in the areas of heat and water management," said Thomas Moore, Vice President, DaimlerChrysler's Liberty & Technical Affairs research and development group. Millennium Cell and DaimlerChrysler were recognized by Popular Science with a 2002 Best of What's New Award for the successful solution of hydrogen fuel delivery used in the Natrium. The Hydrogen on Demand(TM) system releases the hydrogen stored in the chemical bonds of sodium borohydride solutions by passing the liquid through a chamber containing a proprietary catalyst. The reaction is totally inorganic, producing a high-quality energy without polluting emissions. Hydrogen is only produced - on demand - when the liquid fuel is in direct contact with the catalyst, thereby minimizing the amount of gaseous hydrogen present in the system at any given time. Research of the Hydrogen on Demand(TM) system will continue to pursue the use of the heat that is naturally produced by the system and can benefit the fuel cell. About Millennium Cell Founded in 1998, Millennium Cell is based in Eatontown, NJ and has developed a multi-faceted patent portfolio, which the Company is pursuing in the United States and internationally surrounding a proprietary process called Hydrogen on Demand(TM). The Hydrogen on Demand(TM) system safely generates pure hydrogen from environmentally friendly raw materials. In the process, the energy potential of hydrogen is carried in the chemical bonds of sodium borohydride, which in the presence of a catalyst releases hydrogen. The primary input components of the reaction are water and sodium borohydride, a derivative of borax. Borax is found in substantial natural reserves globally. Hydrogen from this system can be used to power fuel cells or fed directly to internal combustion engines. Millennium Cell also has a patented design for boron-based longer-life batteries. The company is traded on NASDAQ under the symbol MCEL. For more information on Millennium Cell, visit www.millenniumcell.com or call 866-532-2783. Cautionary Note Regarding Forward-looking Statements: This press release may include statements, ..//..""
and they took OFF with a SURPRISE also ( see chart )
Chucka
And it falls a bit...nop fears we own it.
Chucka
Where are we...where are we? Middle of a race to the finish in all owr plays: NUKE is a play on waiting. Others are a race also: My last GOLD PICK just went up 50% yesterday JBA.cdn, some day NUKE will do such I suspect.
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18549050
I just bot a thousand dollar mooooooooooooore as an extra position with my own money to someday make MY OWN ...extra...Pay Check. Thursday is payday ...Friday is spend day.
Chuckaaaaaaaaaaaaaa14 THOUSANDS some day soon I hope and dream. In dollars from nickles plus a penny! You can too, truth is the future ...That MICROPHONE( FEW TECHs of old NUKE patents we still have some unknown vested interest in or within I should maybe say) was a past and we still own it, I actually believe what I write!
FUEL CELL TECH and a Million Dollar NEED:
TOO SLOW to be economicaly vable YET WE OWN IT ..scaracity is a defination of ECONOMICS and my College ECONOMIC TEXTBOOK was titled "Scarcity Challenged":
http://www.sec.gov/Archives/edgar/data/1032405/000116552702500058/g0049.txt
..//..""
INTELLECTUAL PROPERTYIn early July 2001, the Company hired a scientific consultant to evaluate all ofthe patents and patent applications of the Company for relevance to potentialcommercial applications. The consultant first stated that all patents andprovisional patents involving Field Enhanced Diffusion by Optical Activation(FEDOA) which covered diamond based fuel cells, diamond doping and the removalof impurities, listed inventors that are or were faculty members of theUniversity of Missouri at Columbia. The University Administration asserts thatall inventions created at the University by its faculty members are itsintellectual property and not Rhombic's. The following opinions on Rhombic'sprovisional patents invented by faculty members at the University of Missouriare summarized as follows:1. Provisional patents for the System and Method for Diamond Based FuelCells give substantial evidence that the described process using FEDOAis too slow to be economically feasible.2. Provisional patent applications covering the doping of natural andchemically vacuum deposited (CVD) diamond using FEDOA is too slow of aprocess to be economically feasible. Additional research intoelectrical applications of these provisional patents could be usedwith other doping processes to explore potential commercialapplications.3. Provisional patent applications for a System and Method for Removal ofImputities from materials such as semiconductors using FEDOA wouldrequire significantly more research to determine commercial value.Although the process appears to offer an increase yield of chipsobtainable from wafers, the commercial viability is questionablebecause the FEDOA is very slow for commercial applications.4. Provisional patent applications for Carbon Crystal Growth UsingElectric Emission Enhanced Showerhead Hot Filament Chemical VaporDeposition offers an improved process for the CVD process, but theapplications and inventors do not have enough data to determinecommercial viability.The conclusion of the consultant and the company was not to continue the patentprocess of the above listed provisional patent applications because of (1) thelimited economic viability due primarily to the process speed of FEDOA; (2) thehigh costs of patent counsel and the direct costs to obtain domestic and foreignpatents; and (3) the potential exposure to royalty payments to the University ofMissouri with corresponding costs of defending ownership of the patents.3<PAGE>The consultant also evaluated Rhombic's intellectual property that wasunaffected by potential claims from the University of Missouri. His opinions areas follows:1. Provisional patent for the Method and System for ManufacturingDisperse Composite Materials is of great economic value if the processis fully developed for the numerous applications that are beingproposed now by industry or that will emerge shortly.2. Provisional patent for a Method of Contact Diffusion into Diamond andOther Crystalline Structures and Products using its thermal diffusionmethod is commercially viable.The consultant recommended proceeding with a development plan for commercialapplications involving the Manufacturing of Disperse Composite Materials. Healso recommended to proceed with Contact Diffusion into Diamond if reasonablearrangements could be made to secure a license to receive the processed diamondmaterial necessary to complete the process.Upon the recommendations of the consultant, the company met with its patentattorneys and determined that the application deadlines to extend the patentspending on the Manufacturing of Disperse Composite Materials had expired. As aresult, the President, Roger Duffield, met with the inventors of the patents anddetermined a commitment of $ 500,000 to $1,000,000 in capital would be needed tobegin a development program for any commercial applications that would providespecific patent coverage for any process developed. Due to existing financingproblems that the Company was facing, Rhombic's President recommended a mergerwith a private research and development company that had capital and scientists.Unfortunately, Rhombic never received enough information from the company toevaluate a merger and Rhombic's President subsequently resigned.Rhombic impaired the value of FEDOA and its corresponding intellectualproperties as a result of the consultants report and its inability to raisemoney during 2001 for the development of any of its applications.Rhombic believes that its Ultra Violet (Excimer) Lamp may have commercialapplication based upon numerous inquiries it has received from potential buyers.This lamp uses a highly efficient photon emission reaction (7-50%) from excimersto produce wavelengths of vacuum ultra violet (VUV) to visible light. An excimeris an excited state in a molecule that dissociates into an unbound state. Thisfeature means that self-absorption in the lamp is small, and because of this,the lamp can be scaled to large volumes without severe degradation of theemission wavelength. The pioneering excimer lamp technology developed byColumbia Research Instruments is now owned by Rhombic. It efficiently transfersthe energy of electricity to microwaves and microwaves to excimers (transferefficiency between 50 and 90%). This technology produces light of a purewavelength more efficiently than any other light source. This is significantbecause light is used to induce chemical reactions that are wavelength specific.The excimer lamp is orders of magnitude more cost effective (dollar/photonbandwidth) than anything that current technology is capable of producing.4<PAGE>POTENTIAL COMMERCIAL APPLICATIONSThe development of these low-cost, high power and large-area VUV to visiblesources promises enormous potential for materials' processing and severalapplications of such sources have already been demonstrated. These sources havebeen used in the production of silicon dioxide; silicon nitride, siliconoxynitride, tantalum pentoxide, titanium oxide, zinc oxide, PZT and polymers.Multi-layered films can also be produced at low temperature (below 400oC) byphoto-induced processing (photo-CVD and sol-gel processing). Excimer photonsources provide selective intense VUV to visible radiation at specificwavelengths as opposed to other types of light sources. This narrow-bandradiation can initiate chemical reactions, break molecular bonds or modifysurface properties. Like other UV sources, Excimer lamps can be used to inducephoto-polymerization of special paints, varnishes, and adhesives, (a processcalled UV-curing) but do so at a much lower cost per photon than any competitor.The following is an overview of current and potential application areas:(1)Materials deposition/coating of metals: for the production of dielectrics (highand low dielectric constant materials), and semiconducting layers. (2) UVcuring: hardening of paints, lacquers, adhesives, e.g. for printing, textilefinishing, lamination, automotive engineering and equipment engineering. (3)Surface treatment: surface etching including three-dimensional applications. (4)Photochemistry:for-photo-chlorination,photosulpho-oxidation,photonitrosylization, and photo-oxidation. (5) Photomedicine: for treatment ofskin conditions, and tanning. (6) Environmental technology: for ozonegeneration, elimination of pollutants in water and air (chlorofluorocarbons(CFCs), dioxins, etc.) (7) Fluorescent lamps: for flat plasma display panelswithout the use of hazardous mercury. (8) Decontamination: for the destructionof harmful bio-organisms in soil, water or air, for the decontamination ofbiological agents in the aftermath of biological weapon attack, for thedestruction of hazardous chemicals in soil, water, or air, and for thedecontamination of chemical agents in the aftermath of a chemical weapon attack.(9) Photosynthesis: for the initiation of photosynthesis at wavelengths suitedfor chlorophyll absorption. modification of polymers, dry etching of polymers,synthesis of hydrophilic polymers, increasing adhesion between metal andpolymer, and surface cleaning.
..//..
and lower:
""
..//..
INTELLECTUAL PROPERTYIn early July 2001, the Company hired a scientific consultant to evaluate all ofthe patents and patent applications of the Company for relevance to potentialcommercial applications. The consultant first stated that all patents andprovisional patents involving Field Enhanced Diffusion by Optical Activation(FEDOA) which covered diamond based fuel cells, diamond doping and the removalof impurities, listed inventors that are or were faculty members of theUniversity of Missouri at Columbia. The University Administration asserts thatall inventions created at the University by its faculty members are itsintellectual property and not Rhombic's. The following opinions on Rhombic'sprovisional patents invented by faculty members at the University of Missouriare summarized as follows:1. Provisional patents for the System and Method for Diamond Based FuelCells give substantial evidence that the described process using FEDOAis too slow to be economically feasible.2. Provisional patent applications covering the doping of natural andchemically vacuum deposited (CVD) diamond using FEDOA is too slow of aprocess to be economically feasible. Additional research intoelectrical applications of these provisional patents could be usedwith other doping processes to explore potential commercialapplications.3. Provisional patent applications for a System and Method for Removal ofImputities from materials such as semiconductors using FEDOA wouldrequire significantly more research to determine commercial value.Although the process appears to offer an increase yield of chipsobtainable from wafers, the commercial viability is questionablebecause the FEDOA is very slow for commercial applications.4. Provisional patent applications for Carbon Crystal Growth UsingElectric Emission Enhanced Showerhead Hot Filament Chemical VaporDeposition offers an improved process for the CVD process, but theapplications and inventors do not have enough data to determinecommercial viability.The conclusion of the consultant and the company was not to continue the patentprocess of the above listed provisional patent applications because of (1) thelimited economic viability due primarily to the process speed of FEDOA; (2) thehigh costs of patent counsel and the direct costs to obtain domestic and foreignpatents; and (3) the potential exposure to royalty payments to the University ofMissouri with corresponding costs of defending ownership of the patents.3<PAGE>The consultant also evaluated Rhombic's intellectual property that wasunaffected by potential claims from the University of Missouri. His opinions areas follows:1. Provisional patent for the Method and System for ManufacturingDisperse Composite Materials is of great economic value if the processis fully developed for the numerous applications that are beingproposed now by industry or that will emerge shortly.2. Provisional patent for a Method of Contact Diffusion into Diamond andOther Crystalline Structures and Products using its thermal diffusionmethod is commercially viable.The consultant recommended proceeding with a development plan for commercialapplications involving the Manufacturing of Disperse Composite Materials. Healso recommended to proceed with Contact Diffusion into Diamond if reasonablearrangements could be made to secure a license to receive the processed diamondmaterial necessary to complete the process.Upon the recommendations of the consultant, the company met with its patentattorneys and determined that the application deadlines to extend the patentspending on the Manufacturing of Disperse Composite Materials had expired. As aresult, the President, Roger Duffield, met with the inventors of the patents anddetermined a commitment of $ 500,000 to $1,000,000 in capital would be needed tobegin a development program for any commercial applications that would providespecific patent coverage for any process developed. Due to existing financingproblems that the Company was facing, Rhombic's President recommended a mergerwith a private research and development company that had capital and scientists.Unfortunately, Rhombic never received enough information from the company toevaluate a merger and Rhombic's President subsequently resigned.Rhombic impaired the value of FEDOA and its corresponding intellectualproperties as a result of the consultants report and its inability to raisemoney during 2001 for the development of any of its applications.Rhombic believes that its Ultra Violet (Excimer) Lamp may have commercialapplication based upon numerous inquiries it has received from potential buyers.This lamp uses a highly efficient photon emission reaction (7-50%) from excimersto produce wavelengths of vacuum ultra violet (VUV) to visible light. An excimeris an excited state in a molecule that dissociates into an unbound state. Thisfeature means that self-absorption in the lamp is small, and because of this,the lamp can be scaled to large volumes without severe degradation of theemission wavelength. The pioneering excimer lamp technology developed byColumbia Research Instruments is now owned by Rhombic. It efficiently transfersthe energy of electricity to microwaves and microwaves to excimers (transferefficiency between 50 and 90%). This technology produces light of a purewavelength more efficiently than any other light source. This is significantbecause light is used to induce chemical reactions that are wavelength specific.The excimer lamp is orders of magnitude more cost effective (dollar/photonbandwidth) than anything that current technology is capable of producing.4<PAGE>POTENTIAL COMMERCIAL APPLICATIONSThe development of these low-cost, high power and large-area VUV to visiblesources promises enormous potential for materials' processing and severalapplications of such sources have already been demonstrated. These sources havebeen used in the production of silicon dioxide; silicon nitride, siliconoxynitride, tantalum pentoxide, titanium oxide, zinc oxide, PZT and polymers.Multi-layered films can also be produced at low temperature (below 400oC) byphoto-induced processing (photo-CVD and sol-gel processing). Excimer photonsources provide selective intense VUV to visible radiation at specificwavelengths as opposed to other types of light sources. This narrow-bandradiation can initiate chemical reactions, break molecular bonds or modifysurface properties. Like other UV sources, Excimer lamps can be used to inducephoto-polymerization of special paints, varnishes, and adhesives, (a processcalled UV-curing) but do so at a much lower cost per photon than any competitor.The following is an overview of current and potential application areas:(1)Materials deposition/coating of metals: for the production of dielectrics (highand low dielectric constant materials), and semiconducting layers. (2) UVcuring: hardening of paints, lacquers, adhesives, e.g. for printing, textilefinishing, lamination, automotive engineering and equipment engineering. (3)Surface treatment: surface etching including three-dimensional applications. (4)Photochemistry:for-photo-chlorination,photosulpho-oxidation,photonitrosylization, and photo-oxidation. (5) Photomedicine: for treatment ofskin conditions, and tanning. (6) Environmental technology: for ozonegeneration, elimination of pollutants in water and air (chlorofluorocarbons(CFCs), dioxins, etc.) (7) Fluorescent lamps: for flat plasma display panelswithout the use of hazardous mercury. (8) Decontamination: for the destructionof harmful bio-organisms in soil, water or air, for the decontamination ofbiological agents in the aftermath of biological weapon attack, for thedestruction of hazardous chemicals in soil, water, or air, and for thedecontamination of chemical agents in the aftermath of a chemical weapon attack.(9) Photosynthesis: for the initiation of photosynthesis at wavelengths suitedfor chlorophyll absorption. modification of polymers, dry etching of polymers,synthesis of hydrophilic polymers, increasing adhesion between metal andpolymer, and surface cleaning.
,,
6A. Diamond Fuel CellPrevious research over many years by the team of scientists at the University ofMissouri have developed innovations in diamond materials that have shown thecapability to replace the current polymer electrolyte membrane with diamond.This new development in proton diamond electrode membrane (PDEM) technology mayallow high proton transport through the membrane by the process of a non-porousstructure supported by an improved anode and cathode and to which hydrogen ionsare not affected. Furthermore, a major advantage of using diamond is that it canwithstand temperatures four times greater than current membrane material.Rhombic believes that its planned PDEM could operate at higher temperatures thancurrent standard proton polymer electrolyte membrane(PPEM) fuel cells,subsequently, reaction rates would be increased considerably with the platinumcontent decreased by a similar factor, while manufacturing costs would bedrastically reduced. The new diamond membrane does not require moisture; whereascurrent PPEM must be kept moist, thus restricting operating temperaturesIn conclusion the Diamond PDEM fuel cell may allow for higher operatingtemperatures, an increased reaction rate and longevity and a much smaller fuelcell stacked system. Reduced platinum and manufacturing costs that can providean opportunity to produce a fuel cell stacked system at an affordable price. Theresearch budget would require a minimum of $500,000 to create a working modeland approximately $1,500,000 to create prototypes with marketing plans.
""
Chucka near a million dollars is peanuts ...it is OUR MIC and we will FUND IT.
See this mornings post at Raging Bull NUKE Board this continues my thoughts, thank you.
Thank you....I will refer to my SEC Disclosure first then update you all as we progress. Also the latest news talks about Sean....he can be followed at his Venture Capital Website, - BEST to all iHub folks. Thanks Wise-Investments for the welcome. Best to all RHOMBIC FOLKS ...both old and new.
Chucka
IN Part here:
http://ragingbull.lycos.com/mboard/boards.cgi?board=NUKE&read=19697
SEC Disclosures ( note Warrants in 1999 as old one there NUKE )
WEBSITE: Ahhh, wish I have a new one Board of Directors approved here rather there for here( Rhombic ) ...some day maybe! Credit LOL...profile the score ...the score is going to a dime this week ? Maybe! Maybe my 20,000 warrants will go to ten fold that in warrants and converted into 200K shares next time with 10% warrant groups, yeah I did ask and time will tell if shares and in time-value of the 2 more years I must put in here to see a real PAYDAY, but time will tell. SEC Disclosure 17 B rules apply from now on, contract in works here with Chucka and Rhombic again not final for 90 days the email said, no furthur disclosures. Til final. Score on this, 20,000 point credit score in my 1999 past EQUALS I hope 200,000 points in 2 years life of contract from now to 2005 strike date - true, if 144s yet not if the board decides on part on Free Trading !
Say TIME value of 10 bagger friends GET IN EARLY buy often I said the facts the PROMO has just started. DESKTOP fusion we still CONTROL. That Greenhouse Lamp ( Excimer ) on a cold winters DEEP FREEZE is needed today on the East Coast to Florida Oranges ...
http://www.chuckapublicrelations.com
Warrants and 144s anticipated herein as a fact only a future will decide IF any value LOL...
http://ragingbull.lycos.com/mboard/boards.cgi?board=NUKE&read=19700
and
A feast is about to start guys ...new and old.
Just read my bud SEAN ...great:
Rhombic Corp. Names Investment Banker Ilija Sean' Radetich to Its Board of Directors
CAMPBELL, Calif.--(BUSINESS WIRE)--Jan. 23, 2003--Rhombic Corp. (OTCBB:NUKE) announced today it has named Ilija `Sean' Radetich to its Board of Directors. The appointment of Mr. Radetich is effective immediately and increases the company's Board of Directors to four members.
"We look forward to Sean's management and leadership direction and are confident that he will be an important asset to Rhombic," said John Hartman, President and CEO of Rhombic Corp. "Sean's skills help diversify and accentuate an already strong group of independent board members whose vision and experience will continue to foster Rhombic's growth and create shareholder value."
Sean has over 12 years of hands-on experience in investment banking and corporate finance, and has spent his professional career identifying and working with emerging growth companies. In that time, his main focus has been on PIPE (Private Investment in Public Equities) financings. His PIPE experience includes straight equity, convertible preferred equity, convertible debenture and subordinated debentures of NASDAQ/AMEX, OTCBB, and foreign securities.
Since 1991 Sean has structured and negotiated the risk capital investments for some of Europe's largest banks and asset management institutions. Sean is the founder and managing director of Odyssey Advisors LLC, an investment firm specializing in PIPE financing. Sean also has worked for LBI Group and SBC Warburg in the Private Placement Divisions.
Over the past 10 years Sean has identified and developed key financial advisory relationships with public and private firms including Wall Street Web, eLiberation, Clearworks Technologies, CyberMerchants Exchange and Cekatel, and has managed transactions for them including PIPE's, private company investments, and secondary offerings. In addition to investment banking, Sean served as Chief Financial Officer for WebCash Corporation, a B2B infrastructure company backed by Berg McAfee and Silicon Valley Angel Fund, and presently in acquisition negotiations.
Sean is currently active on several boards, including Navigate Network, GoNet2k board of directors, and Wall Street Web board of advisors. Sean received his B.S. in International Economics from the University of Oldenburg, Germany, and attended the Haas School of Business, University of California at Berkeley.
Rhombic Corporation, based in Campbell, Calif., acquires traditional "brick and mortar" businesses of mortgage and consumer lending, and owns Internet platform technology that will tie these businesses together through a proprietary software platform called Financenter. Financenter will make it possible for mortgage and real estate professionals to manage more clients, reduce overhead, and increase the level of service they provide. It allows loan brokers, real estate agents, and clients control over refinance and loan decisions 24 hours a day, seven days a week, via personal contact, the Internet, desktop applications, print media and wireless handheld devices such as cell phones and touch-tone phones (including interactive voice recognition).
CONTACT:
The Cervelle Group, Orlando, Fla.
Media Relations Contact:
Dave Donlin, 866/295-7878 or 407/295-7878
dave@thecervellegroup.com
SOURCE: Rhombic Corp.
I would like to welcome chucka as an assistant to the board.
Wise
(BSNS WIRE) Rhombic Corp. Names Investment Banker Ilija `Sean' Radetich to
Rhombic Corp. Names Investment Banker Ilija `Sean' Radetich to Its Board of
Directors
Business Editors
CAMPBELL, Calif.--(BUSINESS WIRE)--Jan. 23, 2003--Rhombic Corp.
(OTCBB:NUKE) announced today it has named Ilija `Sean' Radetich to its
Board of Directors. The appointment of Mr. Radetich is effective
immediately and increases the company's Board of Directors to four
members.
"We look forward to Sean's management and leadership direction and
are confident that he will be an important asset to Rhombic," said
John Hartman, President and CEO of Rhombic Corp. "Sean's skills help
diversify and accentuate an already strong group of independent board
members whose vision and experience will continue to foster Rhombic's
growth and create shareholder value."
Sean has over 12 years of hands-on experience in investment
banking and corporate finance, and has spent his professional career
identifying and working with emerging growth companies. In that time,
his main focus has been on PIPE (Private Investment in Public
Equities) financings. His PIPE experience includes straight equity,
convertible preferred equity, convertible debenture and subordinated
debentures of NASDAQ/AMEX, OTCBB, and foreign securities.
Since 1991 Sean has structured and negotiated the risk capital
investments for some of Europe's largest banks and asset management
institutions. Sean is the founder and managing director of Odyssey
Advisors LLC, an investment firm specializing in PIPE financing. Sean
also has worked for LBI Group and SBC Warburg in the Private Placement
Divisions.
Over the past 10 years Sean has identified and developed key
financial advisory relationships with public and private firms
including Wall Street Web, eLiberation, Clearworks Technologies,
CyberMerchants Exchange and Cekatel, and has managed transactions for
them including PIPE's, private company investments, and secondary
offerings. In addition to investment banking, Sean served as Chief
Financial Officer for WebCash Corporation, a B2B infrastructure
company backed by Berg McAfee and Silicon Valley Angel Fund, and
presently in acquisition negotiations.
Sean is currently active on several boards, including Navigate
Network, GoNet2k board of directors, and Wall Street Web board of
advisors. Sean received his B.S. in International Economics from the
University of Oldenburg, Germany, and attended the Haas School of
Business, University of California at Berkeley.
Rhombic Corporation, based in Campbell, Calif., acquires
traditional "brick and mortar" businesses of mortgage and consumer
lending, and owns Internet platform technology that will tie these
businesses together through a proprietary software platform called
Financenter. Financenter will make it possible for mortgage and real
estate professionals to manage more clients, reduce overhead, and
increase the level of service they provide. It allows loan brokers,
real estate agents, and clients control over refinance and loan
decisions 24 hours a day, seven days a week, via personal contact, the
Internet, desktop applications, print media and wireless handheld
devices such as cell phones and touch-tone phones (including
interactive voice recognition).
--30--GAA/mi*
CONTACT: The Cervelle Group, Orlando, Fla.
Media Relations Contact:
Dave Donlin, 866/295-7878 or 407/295-7878
dave@thecervellegroup.com
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: TELECOMMUNICATIONS E-COMMERCE INTERNET BANKING
REAL ESTATE
SOURCE: Rhombic Corp.
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com
*** end of story ***
Wise
NUKE has popped off the bottom of .05 in the past couple weeks.
This stock has been on hold for many months and now has life again so keep it on your list folks.
Last news out:
(COMTEX) B: 8-K: NUKE Approves Stock Purchase Agreement
B: 8-K: NUKE Approves Stock Purchase Agreement
Ridgeland, MS, OCT 11, 2002 (EventX/Knobias.com via COMTEX) -- Rhombic
Corporation (OTCBB: NUKE) released an 8-K today.
On September 23, 2002, the board of directors of the Company approved a Stock
Purchase Agreement, by and among the Companyand Next Advisors, Inc. a Delaware
corporation ("NAI"). Pursuant to the Agreement, the Company purchased
approximately 31% of the issued and outstanding shares of NAI from John Hartman,
in exchange for 37,000,000 shares of the Company, representing over 50% of the
issued and outstanding Common shares of Rhombic. At the time, John Hartman was
the Chief Executive Officer and director of NAI.
On September 26, 2002, the board of directors of Rhombic appointed John Hartman
as director and Chief Executive Officer and appointed George Bell as a director,
Vice-Chairman and Chief Operating Officer. Stan Porayko resigned from the board
as a director and secretary, which left four directors remaining. Albert Golusin
was appointed as secretary and treasurer. During the week ended October 4, 2002,
a primary creditor of NAI was unwilling to negotiate the settlement of a
$750,000 credit line secured by substantially all of the assets of NAI. As a
result, on October 7, 2002, the board of directors of Rhombic and NAI terminated
the Agreement by mutual consent and Mr. Hartman returned his 37,000,000 shares
of the Company and the Company returned Mr. Hartman's shares of NAI stock which
represented 31% ownership in NAI.
Mr. Hartman remains a director and Chief Executive Officer of Rhombic; however,
as of October 9, 2002, Mr. Hartman resigned as Chief Executive Officer and
director of NAI. Other than his relationship as a director and employment as a
Chief Executive Officer of the Company, there are no other arrangements or
understanding between Mr. Hartman and the Company currently in effect.
Wise
Wise Investments is proud to announce that we now have a live chat room.
http://mywebpages.comcast.net/smooth22/wise-investments/chat3.html
Pop on over and join us.
Wise
Would anyone like to be an assistant to help us with this board ?
Thanks
Wise
We have now started a new board to talk about any stocks you have.
http://www.investorshub.com/boards/board.asp?board_id=1056
Wise
Quarterly Report (SEC form 10QSB)
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS
The following discussion is intended to provide an analysis of the Company's financial condition and Plan of Operation and should be read in conjunction with the Company's financial statements and the notes thereto. The matters discussed in this section, that are not historical or current facts, deal with potential future circumstances and developments. Such forward-looking statements include, but are not limited to, the development plans for the technologies of the Company, trends in the results of the Company's development, anticipated development plans, operating expenses and the Company's anticipated capital requirements and capital resources. The Company's actual results could differ materially from the results discussed in the forward-looking statements.
The Company has not generated revenue from operations during the first six months of 2001 or since its inception. During the second quarter of 2001, the Company began the quarter with $63,266 in cash and received $100,000 under the terms of its debenture. At July 20, 2001, the Company had a working capital deficit. The Company had approximately $1,500 in cash and trade payables of approximately $5,000 at that date.
During the second quarter, the Company had cash disbursements of approximately $50,000 in officer consulting fees, $22,000 in general counsel and legal fees to submit its registration statement, $16,500 in travel expenses, $12,000 in director fees, $10,500 for investor relation expenses, $5,500 for office expenses, $3,000 for auditing costs, $2,665 in interest expense on the debenture and approximately $8,000 on other general and administrative costs.
During the second quarter of the year 2000, a total of $856,755 was spent primarily for research and general and administrative costs. A total of $661,416 of that amount was paid in stock at the current trading price at the time of issuance. The periods are not comparable because during 2000 the Company was active in trying to develop its Magnesite software program and pursue the Silcon Carbide purification by building small reactors capable of impurity removal which were donated to the University of Missouri. During the second quarter of 2001, the Company had not performed any research and was evaluating its patents pertaining to diamond doping and disperse composite material for application.
During the first two weeks of July 2001, the Company had approximate cash disbursements of $15,000 in officer consulting fees, $5,500 in travel and office expenses and $7,500 in general counsel and auditor costs.
During the second quarter of 2001 extensive travel was incurred to meet with the inventors of the Company's patents for Disperse Composite Material in Russia. The meetings were favorable. Other meetings resulted in the Company pursing an exclusive licensing arrangement to obtain diamond powder suitable for future development work.
In early July 2001, the Company terminated its investor relation representative and hired a scientific consultant to evaluate all of the patents and patent applications of the Company for relevance to potential commercial applications. After receiving an evaluation of the commercial viability of applications for its patents, the Company will establish budgets for development programs.
The Company is currently seeking to raise capital under financing arrangements with better terms than the debenture that has been cancelled as a result of withdrawing the registration statement.
The Company does not have any employees and uses consultants for matters pertaining to coordinating technology development and administration. The Company may hire employees during the next twelve months depending upon its success in developing prototype applications for sale and financing more development.
This report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Exchange Act of 1934. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which the forward-looking statements are based are reasonable, it can give no assurance that such expectations and assumptions will prove to be correct.
May 15, 2001
RHOMBIC CORP (NUKE.OB)
Quarterly Report (SEC form 10QSB)
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS
The following discussion is intended to provide an analysis of the Company's financial condition and Plan of Operation and should be read in conjunction with the Company's financial statements and the notes thereto. The matters discussed in this section that are not historical or current facts deal with potential future circumstances and developments. Such forward-looking statements include, but are not limited to, the development plans for the technologies of the Company, trends in the results of the Company's development, anticipated development plans, operating expenses and the Company's anticipated capital requirements and capital resources. The Company's actual results could differ materially from the results discussed in the forward-looking statements.
The Company has not generated revenue from operations during the first three months of 2001 or since its inception. During the first quarter of 2001, the board of directors of the Company approved the establishment of a stock option plan for the year 2001. The board intends to authorize 3 million shares for the plan and to initially issue its President, Roger Duffield 1,000,000 options at an average price of $.50 per share. The board also agreed to compensate all non-working directors $ 2,000 a month in the currency of their domicile beginning in April 2001. The Company may pay the fee in cash or restricted common shares. The monthly fee will pay for the incidental expenses and efforts the directors may incur for the benefit of the Company.
On February 24, 2001, the Company engaged Charles Fabiano of Strategic Initiatives as its primary investor relation company. Mr. Fabiano studied chemical engineering and worked for over ten years as a stockbroker.
During the first quarter of 2001, it became apparent to Rhombic that there was no cost benefit to continue developing Magnesite because of the necessary costs to continue developing a working program, conducting marketing studies, incurring marketing costs and incurring administrative and legal costs for licensing and customer service. On March 14, 2001, Rhombic and Vision agreed to cancel all of their agreements with each other under a Mutual Release, Hold Harmless and Cross Indemnification Agreement.
At December 31, 2000 the Company had $ 93,384 in cash and $ 85,985 in current payables. At April 25, 2001 the Company had approximately $ 27,000 in cash and approximately $ 96,000 in current payables. The Company anticipates having positive working capital during the second quarter of 2001 upon receiving incremental funding from its convertible debenture.
On March 8, 2001, Rhombic signed a convertible debenture for $2.5 million. The debenture matures on April 22, 2002 and bears interest at 10% interest. The Holder shall fund the debenture in incremental amounts of $100,000 commencing on either May 5, 2001 or five days after the fulfillment of the conditions to the agreement with twenty-four equal installments every fifteen days. The first payment shall be for $200,000 of which $100,000 was previously received on February 20, 2001. The Company is required to pay interest quarterly until all or part of the debenture is converted into common shares. The Company made its interest payment for the first quarter of 2001 during April 2001.
During the first quarter of 2001, the Company paid $ 10,000 which represented one-half of the legal costs for the preparation of a registered prospectus for the convertible debenture. The Company also incurred approximately $ 44,000 of legal expenses pertaining to patent searches and applications.
Consulting expenses were $ 875 during the first quarter of 2001 compared to $ 229,146 during the first quarter of 2000. The difference was mainly due to the deemed value of 75,000 shares issued for consulting services during 2000 which totaled $ 214,425.
General and administrative expenses were $ 86,392 during the first quarter of 2001 compared to $ 76,040 incurred during the first quarter of 2000 for compensation and overhead costs.
During the calendar year 2001, funding for projects with identified budgets are estimated at $1,500,000 and general and administrative expenses of approximately $ 450,000 are planned to be paid for with the $ 2.5 million debenture. The projects and their budgets that Rhombic plans to pursue are the same as those described in the annual 10K-SB filing of December 31, 2000.
The Company does not have any employees and uses consultants for matters pertaining to coordinating technology development and administration. The Company may hire employees during the next twelve months depending upon its success in developing prototype applications for sale and financing more development. This report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Exchange Act of 1934. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which the forward-looking statements are based are reasonable, it can give no assurance that such expectations and assumptions will prove to be correct.
(BSNS WIRE) Rhombic Announces $2.5 Million Funding to Further Develop Its P
Rhombic Announces $2.5 Million Funding to Further Develop Its Patented Diamond
Material for Fuel Cell Application
Business Editors
PHOENIX--(BUSINESS WIRE)--March 12, 2001--Rhombic Corporation
(OTCBB:NUKE) announced today that it has secured a $2.5 million
Convertible Debenture.
Roger Duffield, the Company's President stated "this funding,
which will be received over a period of time, should enable the
company to develop its revolutionary diamond material for fuel cell
application." He went on to say "this work, which will commence in
Columbia, Missouri within one month, will be focused in two specific
areas involving the proton polymer exchange membrane (PPEM) fuel cells
used in portable, stationary and transportation applications and the
development of carbon nanotubes for the storage of a clean hydrogen
fuel."
The company believes that before the end of 2001, it will be
uniquely positioned to demonstrate proton diamond exchange membrane
(PDEM) that potentially will offer inherent cost and life span
advantages over the current perfluorinated membrane. With such reduced
manufacturing costs the fuel cell industry will then be poised to
offer a competitive replacement energy source to the internal
combustion engine.
Nanotubes are ideal candidates for hydrogen adsorption, including
hydrogen storage for sustainable energy supplies. While remaining a
clean and safe fuel, the commercial storage of hydrogen remains an
unsolved problem that has currently directed the fuel cell industry to
seek alternative fuel sources such as methanol.
Rhombic has achieved a break through by growing nanotubes using
chemical vapor deposition without the need for a catalyst. The company
expects to be in a position to demonstrate large-scale nanotube
production within eighteen months.
Dupont (NYSE:DD), a company actively involved in the fuel cell
industry, have recently reported what they believe to be a $10 billion
total market for fuel cells by the year 2010.
(www.dupont.com/automotive/news/00pr/fuel.html)
Rhombic trades on the Frankfurt Stock Exchange and the Hamburg
Stock Exchange under the symbol "919335" and on the OTC Bulletin Board
under the symbol "NUKE".
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 the Company. 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. Forward-looking statements usually contain the words
"estimate," "anticipate," "believe," "plan," "expect," or similar
expressions, and are subject to numerous known and unknown risks and
uncertainties. In evaluating such statements, prospective investors
should review carefully various risks and uncertainties identified in
this Release, including the above matters and in the Company's SEC
filings. These risks and uncertainties could cause the Company's
actual results to differ materially from those indicated in the
forward-looking statements.
For further information contact Strategic Initiatives at
480/497-6189 or e-mail cfabiano1@home.com or visit our web site at
www.rhombic.com, or ceocast.com for latest interview.
--30--MRO/se*
CONTACT: Strategic Initiatives
Charles Fabiano, 480/497-6189
cfabiano1@home.com
www.rhombic.com
KEYWORD: ARIZONA MISSOURI GERMANY INTERNATIONAL EUROPE
INDUSTRY KEYWORD: CHEMICALS/PLASTICS MINING/METALS
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com
*** end of story ***
(COMTEX) B: RHOMBIC CORP - Program To Further Develop Its Patented Di
B: RHOMBIC CORP - Program To Further Develop Its Patented Diamond Material -
For Fuel Cell Application
New York, New York, Feb 28, 2001 (Market News Publishing via COMTEX) -- Rhombic
Corporation announced that it plans to commence in March 2001, a development
program of its revolutionary diamond material and diamond electrolyte membrane
(DEM).
This groundbreaking technology will potentially replace the polymer electrolyte
membrane, a key component of current fuel cells. In addition this program will
further the creation of the Rhombic Nanotube hydrogen storage vessel. These two
technologies will form integral components of the Rhombic diamond fuel cell
system.
Management anticipates that a diamond electrolyte membrane (DEM) will be
completed in Columbia, Missouri during the third quarter of this year. Rhombic's
efforts during the next 18 months will be focused on developing its proprietary
DEM fuel cell system.
The diamond fuel cell system with all of its proprietary components is designed
to offer inherent advantages over current PEM fuel cell stacked systems.
Important advantages include dramatic cost reductions, increased life span,
weight and size reduction, permitting widespread replacement of internal
combustion engines for transportation, power generation and other applications.
In the Freedonia Industrial study (May 2000) it is projected that the US market
for fuel cells and related products will rise better than four fold through 2004
to $2.4 billion of which $1.2 billion represents fuel cell stacked systems.
Robin Griffiths, chief technical analyst of HSBC Securities Inc. in New York
indicates he is "incredibly bullish" on the fuel cell sector (Globe and Mail,
February 2001).
After a thorough investigation of its technologies, Rhombic has completed its
business plan for 2001. Information on the DEM Fuel Cell Project and other
exciting Rhombic technologies will be available shortly on the Company's updated
web page.
Management in an effort to increase and maintain current and future shareholder
investor relationships, has appointed with immediate effect Strategic
Initiatives, represented by Mr. Charles Fabiano with a background in chemical
engineering and customer service under SEC guidelines.
Rhombic trades on the Frankfurt Stock Exchange and the Hamburg Stock Exchange
under the symbol "919335" and on the OTC Bulletin Board under the symbol "NUKE".
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
the Company. 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. Forward-looking statements usually contain the words "estimate,"
"anticipate," "believe," "plan," "expect," or similar expressions, and are
subject to numerous known and unknown risks and uncertainties. In evaluating
such statements, prospective investors should review carefully various risks and
uncertainties identified in this Release, including the above matters and in the
Company's SEC filings. These risks and uncertainties could cause the Company's
actual results to differ materially from those indicated in the forward-looking
statements.
CONTACT: TEL: 602.953.7702 RHOMBIC Corporation
FAX: 602.953.7705
TEL: 480/497-6189 Strategic Initiatives, Charles Fabiano
EMAIL: cfabiano1@home.com
INET : http://www.rhombic.com
URL: http://www.rhombic.com
MarketbyFax(tm) - To get the NEWS as it happens, call (604) 689-3041.
(C) 2001 Market News Publishing Inc.
-0-
KEYWORD: New York, New York
*** end of story ***
A "WISE" person forwarded this to me and I thought it was something I would like to share with everyone. The big news for Thursday January 3, 2001, was of course the aggressive
Fed decision to cut rates. The market exploded on this news with the Dow up 299.60 and the Nasdaq up an amazing 324.83, +14.17%. This news helped investors' confidence over the current economic conditions and thus brought out the bargain hunters to stage an impressive rally. The FED hinted that the door is open for yet another rate cut at the month-end FOMC meeting.
PHOENIX--(BUSINESS WIRE)--Oct. 17, 2000--Rhombic Corporation
(OTCBB:NUKE)
Major automobile companies are aggressively pursuing use of fuel
cells. Conventional designs use insulators to stack individual fuel
cells together to increase available voltage. The two stacked fuel
cells in the figure below show the many layers involved in
conventional designs including the insulators and other components.
Currently, automobile manufacturers are pursuing protection of
stainless steel and aluminum used in their electrode designs from
corrosion that seriously affects longevity and reliability of the fuel
cells. Corrosion of stainless steel and aluminum occurs due to the
oxidation and reduction processes inherent to the fuel cells.
Rhombic believes that its proprietary fuel cell innovation is
revolutionary because it directly addresses issues of the many
component layers and the corrosion processes of fuel cells. First, the
Rhombic fuel cell innovation could have a dramatic reduction in number
of components thereby reducing the overall size and weight of a
stacked fuel cell. Second, the Rhombic fuel cell innovation could
eliminate electrode corrosion so that protection of electrodes from
corrosion is no longer needed.
Automobile manufacturers such a Daimler-Chrysler, Ford, GM, Honda,
etc. have invested heavily in the development of a fuel cell power
plant as a replacement for the internal combustion engine. Fuel cells
can also be used for compact electrical power generators. The
projected global demand for fuel cells in 2007 could approach $9
billion dollars. If 20% of the cars in the US used fuel cells, the oil
imports would be reduced by 1.5 million barrels of oil per day.
Reference Fuel Cells 2000 - http://216.51.18.233/fcbenefi.html
Statements in this news release looking forward in time involve
risks and uncertainties, and actual results may be materially
different. Factors that could cause actual results to differ include
activity levels in the securities markets and other risk factors.
--30--dsp/in*
CONTACT: Mr. Mike Skerry at 888/821-6607 or 604/421-5543
The Lawrence Adams Ltd.
212-736-4800
www.rhombic.com
or
HEAD OFFICE
11811 N. Tatum Blvd. # 3031, Phoenix, Arizona 85028
Phone: 602/953-7702: Fax: 602/953-7705
E-mail:www.cpa@futureone.com
KEYWORD: ARIZONA
INDUSTRY KEYWORD: AUTOMOTIVE ENERGY
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com
(BSNS WIRE) Rhombic Announces Progress In Diamond Electrode Research For Fu
Rhombic Announces Progress In Diamond Electrode Research For Fuel Cells
Business Editors
PHOENIX--(BUSINESS WIRE)--Oct. 2, 2000--The management of Rhombic
Corporation is currently conducting a thorough investigation of its
technologies. It believes that its Diamond Electrode technology can be
advanced to a demonstrator phase within eighteen months after
receiving the funding for the project. It would ultimately be used as
a potential value added step in the production of fuel cells.
Fuel cell electrodes are one of the weak links in current fuel
cell systems. They are susceptible to erosion due to oxidation and
reduction. The University of Missouri has advised that the Rhombic
conductive diamond film is highly resistant to chemical attacks and
can be further used to add impurities to porous conductive diamond
films, including the catalyst.
Research to date has involved building a reactor for the doping of
diamond films with boron. This research has confirmed that the
material is very stable to temperature and chemicals and that sulfur
doped diamond is a very good material for diamond electrodes
demonstrating most of the properties that a diamond electrode
requires.
Rhombic and the University of Missouri are not aware of any
competitors for developing such a fuel cell electrode. Major
automobile manufacturers such as Daimler-Chrysler, Ford, GM and Honda
have invested heavily in the development of a fuel cell power plant as
a replacement for the internal combustion engine. Additional markets
for fuel cells could be used for compact electrical power generators.
Rhombic believes that the entire fuel cell market is expected to be in
the billions during the next decade.
Rhombic trades on the Frankfurt Stock Exchange and the Hamburg
Stock Exchange under the symbol "919335" and on the OTC Bulletin Board
under the symbol "NUKE".
Statements in this news release looking forward in time involve
risks and uncertainties, and actual results may be materially
different. Factors that could cause actual results to differ include
activity levels in the securities markets and other risk factors.
For further details, call the Company's public Relations office.
Mr. Mike Skerry at 888-821-6607 or 604-421-5543. The Lawrence Adams
Ltd. phone in New York, NY, is 212-736-4800; Or view the Rhombic
website www.rhombic.com
--30--srd/ny* ah
CONTACT: Rhombic Corporation, Phoenix
Mr. Mike Skerry
888/821-6607 or 604/421-5543
www.rhombic.com
KEYWORD: ARIZONA GERMANY INTERNATIONAL EUROPE
INDUSTRY KEYWORD: ENERGY MINING/METALS
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com
Week ending September 15. No new news this week. However, NUKE ended at .96875 up .0625.
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