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“A facility in Albuquerque is being CONSIDERED for use when we are ready for a final fabrication facility. It is called Sandia Science and Technology Park and located at 1451 Innovation Parkway. Their primary focus will be medical and industrial inspection first of all.”
TD, after reading the link of your due diligence effort, I remembered somewhere that mention was made of our company’s intent to enter the medical industry primarily… and I found it. The above excerpt was taken from Artsy’s notes (see #8678 above) from the shareholders’ meeting.
Do you think maybe the medical backgrounds of our CEO, Dr. Allen, Dr. Li, et al. could have influenced this initial focus?
Anyway, good find! And welcome!
Special greetings to you too, Chaplain! And a Happy New Year! What’s that old cliché? ‘It’s now or never.’ Like someone else said recently, I plan on popping a champagne top or two at the shareholders’ meeting this year. Sorry Chaplain, I’m Catholic.
Thanks, Razor, just looked over at another forum and they're having their tiffs - consequently, very few posts recently.
We need each others strengths right now without being trashed by opposing views.
No doubt, a lot of New Mexican influence after the EVTB is completed for obvious reasons: Dr. Hoover’s company and staff is in Albuquerque… some no doubt in Tulsa now, Dr. Sen’s lab is at the University of New Mexico, and the Sandia National Laboratories… "managed by the Sandia Corporation, a wholly owned subsidiary of Lockheed Martin Corporation are two major United States Department of Energy research and development national laboratories. Their primary mission is to develop, engineer, and test the non-nuclear components of nuclear weapons. The primary campus is located on Kirtland Air Force Base in Albuquerque." BOEING!
And If I remember correctly, we boned-up on our nanocrystal technology use at the DOE’s Lawrence Berkeley National Laboratory in early 2010. And now we’ll soon be near another DOE lab.
Hmmm. Just trying to put the pieces together here... thinking out loud, if you will. Can someone help me out here?
“I noted our recent consideration of a new facility in Albuquerque, NM for building out the Trade Show Prototype (TSP). The current facility at the University of Oklahoma laboratory is simply too small to allow us to assemble the technical staff necessary for the project’s completion. The facility under consideration is approximately 3000 sq. ft., and is located next to the Sandia National Labs and the Air Force research labs. Albuquerque is an ideal location for sourcing the high-tech workforce necessary to complete the TSP.”
Onelove, one of the assignments with Dr. Hoover through his company’s (Advanced Optical Technologies, Inc.) contract was to find and qualify new facilities for the TSP development. The above was taken from the November 1 Sid Aroesty letter to shareholders.
Artsy, I thought it was Hakki, but my memory is about as long as my little finger. However, it seems the questioning did move along the table and yes, Brian did acknowledge the timeline in question.
I thought I’d review my catalogue of notes because of the many questions entertained and discovered the following piece from a man we haven’t heard from in a while… Ancil. These posts were from the evening of October 15 – after the shareholders’ meeting:
remember they said 12 months was a very conservative time line...but a 4-6 month time line..i.e. April..when they expect a "snow globe" prototype....they will need about 2.5million more in capitol to complete the prototype..THAT IS EASY
also, they also talked about the potential partners and interested companies that will be finacially in as soon as they produce a prototype..DR. Hoover stated...Yes we can do it..
I can also state that they stated..THERE IS NO COMPETITORS..that I thought was HUGE..no one that they are aware of has developed or is trying to create any volume 3D image technology.. They will have the market cornered
One last thing...the was the BIGGEST NEWS I had not heard...per Dr. Hakki..they have DEVELOPED technology that is not yet protected via a patent..so they would not share that with us..whatever that is..it is HUGE or they would have disclosed it..
Hmm… Do you think Hakki’s comment pertains to the recent patent application?
By the way, you might want to check out Chaplain’s post above; it’s enlightening and helps the memory process.
I had the privilege of meeting Razor at the shareholders’ meeting. He mentioned a few of you guys that he’s visited and has come to know as friends.
I do believe that we’ve got a tradition here of solid members who are using their talents and are generously expressing their due diligence for our betterment. We can’t afford to lose any more.
Keep up the good work.
Well said... and this coming from one of our moderators!
In reviewing the numerical chronology, seems like you guys had your work cut out for you over the weekend.
I must admit I don’t want this board diminished to the likes of other forums that rarely post, or in one case, hasn’t received a post since August 17. We’ve already lost Razor… and he was a moderator!
“… The use of down conversion material is one of the alternatives the company has been investigating and may have important beneficial effects including higher efficiency giving a brighter image, and requiring less laser power which minimizes heating effects. It is also possible that this approach will allow for a meaningful reduction in the cost of the final display.”
This apparently coincides with Dr. Hoover’s technical assessment of CSpace technology “that could significantly enhance the feasibility of the TSP.” Seems like the patent application addresses at least three of the four desired improvements: 1) increased material photoluminescent efficiency, 2) implements dome cooling, and 3) reduces projector power loss.
The company is also reducing production costs and hopefully will get the EVTB finished and active efforts can begin with potential partners.
Hey congratulations iMav on your ‘moderator’ position!
3DIcon Files Lead Patent Application
Download PDF
TULSA, Okla., Dec. 5, 2011 (GLOBE NEWSWIRE) -- 3DIcon Corporation (OTCBB:TDCP), a developer of volumetric, three-dimensional projection and display technologies, today announced it filed an initial patent application directed at the use of down conversion materials with its core technologies. The Company expects to file additional applications based on positive results.
The Company has been actively testing new materials to facilitate the completion of its Trade Show Prototype, a larger and more sophisticated version of its lab prototype, for use in seeking partners for commercialization. The use of down conversion material is one of the alternatives the company has been investigating and may have important beneficial effects including higher efficiency giving a brighter image, and requiring less laser power which minimizes heating effects. It is also possible that this approach will allow for a meaningful reduction in the cost of the final display.
As part of its Intellectual Property strategy, the Company will continue to protect any new materials and methodologies that may be used in its CSpace® 3D display system.
From the May 10, 2011 PR:
• Business Development
3DIcon has been in talks with, and is scheduled to make presentations to, potential commercialization partners. These include industry leaders and Fortune 100 companies in the fields of medical imaging, air traffic control, command and control, inventory management, and gaming. 3DIcon is scheduled to demonstrate its CSpace technology for specific applications. In the second quarter 3DIcon will present to a leading gaming company, while in the fourth quarter they are scheduled to present to a Fortune 50 company in the area of aerospace and command and control.
From Mr. Aerosty’s November 1, 2011 letter to shareholders:
A point that I tried to emphasize with the audience was that our current best analysis was that we cannot effectively ‘Pre-Sell’ without the completed Trade Show Prototype. The existing prototype lab model we have, certainly succeeds as a ‘proof of concept’ demonstration, but will not fulfill our commercialization goals with larger companies that are on our target list and who have already expressed interest in our technology. It is likely that active commercialization efforts can be started when the Engineering Verification Test Bed (EVTB) is finished in approximately 6 months. The EVTB will be identical to the Trade Show Prototype model in every respect but will be somewhat smaller, approximately the size of a “snow globe”. I also noted that 3DIcon has identified and is having discussions with potential strategic partners, including a Fortune 50 Aerospace company for command and control and inventory applications; an optical scanning company to provide automated scanners for manufacturing lines; a gaming company to provide 3D elements for gaming tables and a private defense company to provide display systems for the intelligence Community.
Quik, you may be right about the current weak sentiment, however, “discussions” – at least – are ongoing in the “fourth quarter.” Seems pretty ‘short term’ to me – regardless of the status of the TSP. Due respect.
And you may be right, so I’ll whisper. Someone is looking at what we have in the “fourth quarter,” whether it’s Lockheed Martin, Boeing, who knows? But hopefully, it’s something your 12 year old daughter would like to see. Shhh… don’t tell anyone.
Onelove, the current downtrend still exists, in fact, we’ve been in a 23 week trading channel. Using closing prices the weekly chart shows that we’ve been trading within a 0.007 cent channel since June. Accumulation? Yes. Bullish? Maybe… If the 1-2-3 Bottom holds.
Again using closing prices only, the daily chart shows a possible #1 at 0.0072 on October 26; the weekly shows the #1 set October 28 at .0081, which is the third touch of the lower trend line, or support. The #2 of the daily is 0.0159 set November 7 and the weekly #2 is 0.0151 set November 4. Where’s the #3 Bottom? I don’t know, but if it drops below either of the #1s above, we start all over and continue within the channel trending down.
However, if we bottom with a #3, and prices rally and we close above the top trend line of the weekly channel, that’s good news. Next resistance appears around .015, the 50 day moving average. It just seems like previous momentum just couldn’t bust the 50 day mid-August and early September. However, accumulation was heavy-duty then and also presents price resistance at 0.02-0.022… that is, if, we bust through the 50 day and upper Bolli.
I also like the convergence shown with the Stocs and Williams, but it seems like the downtrending channel is the problem. It’s been our friend for accumulation's sake, but if we can get rid of it, we may see new highs. How high? Don’t know. But NEWS will drive this thing. And news is not technical; it’s fundamental.
Okay… where’s the “11-07-2011 Application Is Considered Ready for Issue” shown? Apparently, I’m missing something. I’d hate to miss the final issue in 4 or 5 weeks not knowing where to go. Thanks in advance.
Quik, I noticed your friend’s post earlier but I’ve yet to find the ‘continuation patent.’ I found Hakki’s ‘3D Light Surface Display,' # 20110063577, but can you help me out with the so-called ‘continuation’ portion?
Quik, your response to my question seems adequate and most reasonable. Thank you. Additionally, your logic concerning management’s use of ‘proper business purposes’ is sound and convincing.
Thanks, Quik, I value your opinions.
I quess it's just my financial ineptness, but after having heard Mr. Aerosy state in the meeting that we are seeking to acquire companies favorable to our goals combined with the aforementioned move, that remained on my mind as 'how can we do this given the financial shape we're in?'
Grants go so far... and we were told of the continued dilution of shares, but again, this is aggressive speak for a small R&D company.
Full disclosure. My wife and I have held shares since 2005 and believe in the recent progression and direction of our company.
"... Albuquerque is an ideal location for sourcing the high-tech workforce necessary to complete the TSP.
"... The timeline estimated for the Engineering Verification Test Bed which would give us the ability to initiate commercialization efforts was estimated to be approximately 6 months and approximately 12 months for the final TSP.
"... True growth in the stock will ultimately depend on the company successfully completing its technology and securing licensing agreements with strategic partners. That is the singular focus of the management team." Sid Aerosty
Let's see, we're going to build the test bed and the trade show prototype in Albuquerque within a year... that's a pretty well defined time-line and no doubt, aggressive task.
Question to the bean counters out there: How do we finance such a venture as described above?
http://content.stockpr.com/tdcp/media/d2efb55d6c020d26de67d470c606d1e3.pdf
'CEO Updates' on 3DIcon's website, Penny.
Artsy, Chaplain, Missions, et al. who contributed their take on the meeting, and after reading Mr. Aerosty's overview, in essence, substantiating your accuracy, you're to be commended.
Now to dissecting the CEO's letter.
Mr. Aerosty's letter is out; see the website... it's a long one. I just noticed it. Boom Soon