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Seriously, we waited for over a month for "Nothing has changed " and you still have not released the SEC reports.
This is really the WRONG way to run a company.
Not surprised this is at the Market Cap that it is at.
I guess the answer was in the volume traded, no anticipation because no one trusts D'Couto any more. NEAH tried to create a selling environment where none existed and no one bit.
JMHO
Bill
7 months and they haven't even shipped out a sample to Argonne.
That's par for the course for do nothing D'Couto.
They should have had samples that were built for Liquid Image that were not needed for liquid Image since they have gone bankrupt.
I guess this was not a priority, since the future of the company only hinged on this.
Well, kiss 2017 goodbye.
D'Couto has proven that he does not have the ability to sell water to a parched man in the desert.
S4W ? I guess that is also a non-issue. Voxx will start selling in Spring and if not using NEAH they will use a different battery, I highly doubt that VOXX will wait on NEAH's never ending "TOMORROW " excuse.
I see this crappy stock going to nothing.
JMHO
Bill
Neah Power Systems will say that they are the "Social media" portion of Neah and that an update will be forthcoming when the CEO is ready.
We have heard that one verbatim too many times.
Lets hope they can read the mood of investors and see that a smoke and mirrors update is gonna hurt them in a big way. There was no investor enthusiasm about the upcoming update and therefore no selling power.
Volume stayed tepid the whole time. People are in the "Show Me" mode.
No show, No go !
While I am hopeful, I am less than enthusiastic due to the shut down behavior of this CEO, if he doesn't toss out a really good reason for it then that will show what this company is really about.
JMHO
Bill
First part did not happen.
No 10K, 10Q. Maybe good maybe bad.
2nd part. Logic and Math says D'Couto would make untold higher amounts for success than he does for failure, which in this case is counted as not securing a profitable contract.
So is he trying for success, or taking the low money route and intentionally failing ?
I would think he would be trying for success.
JMHO
Bill
Yes , last year D'Couto spoke at the International Seminar on Fuel Cells and his modification of that technology to create a Battery.
He did not merely attend, he presented. Kinda seems strange that the perpetrator of a hoax and a scam would be allowed to present at one the largest gatherings of technology companies in the world.
http://www.internationalbatteryseminar.com/fuel-cells/16/
So if not attending reinforces the belief that this company is a scam as was attempted yesterday, then Presenting to the scientific community, should reinforce the opposite belief.
Maybe this year, D'Couto had something more pressing to do than attend the seminar. I certainly hope so.
I do not know where this will go next week but I have placed my bet. I hope D'couto has found the next step in the evolution of NEAH, because if this company moves forward it will be small steps until they have a product that is widely recognized.
JMHO
Bill
Neah went last year , D'Couto spoke at the fuel cell segment and also spoke about his new battery.
Bill
More on the bodycam. Voxx looks very serious about this.
https://wearablezone.com/news/360-police-body-camera
https://d3ciwvs59ifrt8.cloudfront.net/95884f71-c2f4-41f8-856f-1f5b050ed46d/d666be9c-5e1c-4c93-8d4f-159cf05f55c1.pdf
Does it have NEAH inside ?
http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PG01&s1=20160182850&OS=20160182850&RS=20160182850
Feature 024:
"[0024] An embodiment of a body camera may further include circuitry for charging an internal battery via inductive charging. Energy from an inductive charging pad may be transferred wirelessly through an inductive coupling to charge the internal battery. A body camera may further include charge monitoring circuitry to monitor the rate of charge and the amount of charge remaining. A body camera may include, for example, a 3.7V battery with 2,000 mAH. A body camera may use a higher voltage battery or a lower voltage battery and may further include one or more expandable battery packs. A body camera may also incorporate the use of a hydrogen, or other technology, fuel-cell for an extended battery life that may exceed 24 hours. A body camera may alternatively or additionally include a silicon-based battery for longer run time and/or longer battery lifetime. "
Hopefully we get some info on this in the update.
JMHO
Bill
Uhh, I think all of us know that NEAH isn't a force , but a company scrabbling to get a foothold and survive and maybe one day succeed.
It does look bleaker by the day. We hopefully will know more by the end of next week. The days leading up had relatively low volume so no outsiders really jumped in.
JMHO
Bill
Well we have 3 days of pretty much only buys, or should i say a high percentage of buys to sells.
Someone is taking a chance with NEAH. It is a risk. Just because NEAH may have something in the works does not mean they have it NOW.
A lot of people are afraid of the same thing different day with D'Couto and with reason, we have been had before.
There are a few small factors that suggest something is in the works, however that is no guarantee, so we wait and hope.
I don't think Liquid image will be a factor, all of a sudden all of the products on their website "are currently available".
Are they shutting down ? or are they retrofitting with new long life batts ? Same option of glass empty or glass full, no halfs about it. Did they ever get batteries to test ? We never heard.
Neah does not appear to be on the Attendee List for the International Battery seminar in Florida this next week.
I have my fingers crossed for next week.
JMHO
Bill
Since you prefer to use twitter as your source of pertinent information about NEAH.
From the NEAH twitter feed:
"SocialMediaTWTR we do not send out company updates on Twitter. Updates are issued via letter to shareholders then reposted to social media."
Bill
So now that they have announced that they will provide an update that everybody has been crying for since jan 1...you wish they would keep quiet and go away forever.
That's interesting. Maybe you should sell tomorrow to be sure to save your investment. Monday might be too late, the sell off today of 120 sh should have us all running for cover.
Who knows what news they will have, maybe good, maybe not so good, however do you really expect they would tell a poster, on a twitter account demanding an update, what they have accomplished before they put out news ?
If that is the bulk of your Due Diligence you should invest in index funds.
Much safer, no guesswork, much less risk.
JMHO
Bill
Very interesting paint job at the end of the day. 2 - 60 share sells.
That and the bashers will really fool us into selling off.
I'm feeling better about this stock already.
day before yesterday was nothing but buys, yesterday was a very heavy buy day. Next week should be interesting, I may even get "excited".
JMHO
Bill
Well, we have had a few of those, we can only hope someone liked their products enough to convince a big momma to loan them some money.
Having some test data ( lets hope they don't hide behind a non-disclosure ) may help them raise some money.
jmho
Bill
Well when are they going to make material information available ?
http://www.otcmarkets.com/stock/NPWZ/quote
With this warning who would buy this ?
jmho
Bill
I believe they are on the cusp of success.
However, that comes with a big IF.
If D'Couto can obtain financing to continue operating, IF D'Couto can work a deal with a high volume manufacturer that can produce the batteries for a workable price.
I assume that is what he currently working on. Tough to say though, I could be wrong.
If he has to sell a large chunk of NEAH so be it, or even the whole company I am not against that. Currently the Market cap is approx 2.5 million.
The value of the IP is much higher than that.
JMHO
Bill
Who said they weren't going any further ?
The previous poster was theorizing that NEAH was not posting its 10K because it may look bad.
I posted what I did to show that's not a real concern of NEAH's.
They are delaying for a different reason, they are at almost 2.5 months where last year they were 13 days late.
It is up to NEAH to explain the delay.
JMHO
Bill
Not much known about S4W, they are a private company.
Right now everything whether positive or negative is speculation at best.
It is up to NEAH to actually connect the true dots.
As a shareholder I hope for the best.
JMHO
Bill
What could look worse than this from the 2016 10K which was only 13 days late not 3 months late ?
"Risks Related to Our Business
We need to raise significant additional capital to continue our business operations.
Our current monthly cash operating expenses are approximately $150,000. We have no significant revenues and we expect that our current cash will last us only through January 2016. Accordingly, we will need to raise financing to fund our operations. In the event we are unable to obtain the additional financing required to meet our cash needs, on a timely basis, we will have to reduce or curtail operations which would materially and adversely affect our development efforts, and we may need to seek protection under the bankruptcy laws. Even if such financing is obtained, it may not be on commercially acceptable terms or may otherwise substantially dilute the equity interests of our current shareholders.
Our auditors have issued a “going concern” modification in their report on our Consolidated Financial Statements.
The auditors’ report on our Consolidated Financial Statements as of September 30, 2015 and 2014 indicates that there is substantial doubt about our ability to continue as a going concern based upon our accumulated deficit and negative working capital at September 30, 2015, our recurring net losses, and the cash used in operations for the year ended September 30, 2015. We may be unable to obtain sufficient funds from financing activities or our planned operations to support our continued business. If we cannot continue as a going concern, we may need to substantially revise our business plan, cease operations, sell or seek protection under the bankruptcy laws.
We have incurred net losses each year since our inception and had accumulated losses of approximately $66.7 million through September 30, 2015. We expect to continue to incur net losses at least through our fiscal year 2016 and these losses may be substantial. To implement our business strategy, we will continue to incur considerable research and development expenses and capital expenditures. Accordingly, if we are unable to generate substantial revenues to cover these expenses we will not achieve profitability."
NEAH is a company with some good IP but only one possible shining star that can save them and that is the battery. The fact that it may work very well is a big positive, but if D'Couto does not leverage it well enough, than we are at the same place as the last 10 years.
JMHO
BiLL
We know D'Couto is stalling. The question is the why. Many expect blockbuster news because of perceived S4W battery testing results, not published results, but from a comment on a sell sheet.
That is a good indicator for the performance but not completely concrete.
I went looking for a patent application for the Powerchip battery and cannot find anything from NEAH or D'Couto from 2013 thru last year about a battery or about battery electrodes or electrolyte.
So is he using someone else's IP for this or did D'Couto flub paperwork and now realizes he doesn't have patent protection for his product and is keeping it under wraps ?
Here's the PR.
http://www.prnewswire.com/news-releases/neah-power-systems-files-patent-for-powerchip-battery-568146901.html
Yet nothing on the NEAH website about the patent applications in the newsfeed, yet they did file an 8K on the PR.
I hope I am searching wrong, I did find multiple patents and applications for the Fuel Cell but nothing specific to a battery.
This is something Neah Power Systems should address.
JMHO
Bill
They claim to be able to control the dendrite growth.
From the SBV writeup:
"PROJECT INNOVATION + ADVANTAGES
In addition to utilizing existing manufacturing technology, the battery uses existing materials for the anode, cathode, the separator and the electrolytes. This reduces the risk of new materials adoption and testing. The technology also includes a unique approach using microchip geometry to control dendrite growth."
I guess eventually we will find out what the holdup was.
JMHO
Bill
I think D'Couto is stalling, trying to complete something to enable the company to move forward, unfortunately he does not have a good track record closing deals.
Whatever it is has not happened yet by the anemic volumes we have been seeing.
I do not know why anything in a 10K for last year would hold up something happening this year. It does not make sense. In the past the anticipation of good news and or events would drive this up, however nobody really trusts D'Couto any more.
I know someone who has emailed NEAH multiple times and not been answered so that is a dead end.
JMHO
Bill
Ask yourself one simple question.
Would D'Couto make more money continually squeezing the NEAH sponge for dillutive dollars or would he make more money ( including the Board ) if his massive numbers of NEAH stock were to appreciate considerably per share?
I think D'Couto would rather be massively wealthy than just living in Edmunds...he would most likely rather be living on Yarro point.
The argument of him purposefully driving the company into the ground sounds unlikely. Creating the magic product to sell is not easy, even though some businessmen make it seem that way.
I hate waiting as much as the next guy. But I have no choice but to wait and see.
JMHO
Bill
This inspires confidence.
https://d3ciwvs59ifrt8.cloudfront.net/6867dc99-e989-4019-ad0d-2b574424f2b1/558abb72-5684-4ccc-ab17-9b4f91fcf794.pdf
At the bottom of the page is Neah's symbol right next to S4W's. On the Drone sell sheet.
They also claim " Extended battery life with solar, wind and fuel cell capabilities"
Fuel cell and a battery sized for drones which up to now only have 20 minutes max capacity with normal Lithium Ion batteries or LIPO batteries.
S4W apparently see's the advantage of using NEAH's products hopefully they can work out a deal with someone to manufacture in higher numbers than the original custom engineering units.
That is the big mystery , who would be able to manufacture Solid State 3D Lithium Metal batteries ?
D'Couto has been avoiding making this information public, why is that ?
Unfortunately we do not know what is going on behind the scenes as when S4W worked on their applications. However, just because we do not know, does not mean nothing is going on.
So here we are waiting to find out, but we have to wait for D'Couto's agenda to play out.
JHMO
Bill
"Neah Power Systems submitted a few trademark applications for a variety of different reasons. A few of them were abandoned based on the likelihood of application success."
So what will be the trademark for the battery and the fuel cell that had their applications abandoned ?
Where is the 10K ?
Where is the 10Q ?
What happened with Argonne, why no progress with the DOE project ?
NEAH owes quite a few explanations for past announcements that appear to have been abandoned just like the trademark applications.
JMHO
Bill
Yes, to want it before the specifics are made public would be considered privileged information.
Just so you know I emailed them more than a month ago with just a basic question ( yes / no answer ) they never answered.
Nothing to stop you from asking but nothing that guarantees you will get any response.
JMHO
Bill
NPWS was the symbol before the last 1:200 reverse split. After the split the symbol was changed to NPWZ ( current )and then they did a 6:1 forward split a short time later.
This was to assist in getting listed on the AMEX, which never happened.
JMHO
Bill
That's funny, you could have kept it shorter and just said, Hey S4W please spoon feed me some insider information before you let the rest of the world know anything, wink, wink.
If and/or when contracts are finalized they will be announced, if not then we will get more of the same as we have been fed for a lot of years.
You get an A for effort but do not hold your breath for an answer.
JMHO
Bill
Only other far flung possibility on the delay is that maybe D'Couto is waiting on another company to file first because they will have information pertinent to NEAH. Here's hoping !
JMHO
Bill
Depends on the news if there is any.
D'Couto has a history of dropping the ball and disappearing. In fact that's where we are now, in basically a 7 month quiet period if you count out the lame no progress update in November.
Hopefully with good results in hand from S4W he can get someones attention and obtain some funding.
JMHO
Bill
I would not call a re-iteration of the same post on twitter exciting.
It seems as if NEAH is stalling, waiting for a significant event to complete. If they are waiting for such an event then it didn't happen last year and they should have filed the annual report.
Last year they filed within 10 days of filing the delay. This year we are 2 months past the filing of the delay so this is way out of the norm.
Yes the battery performance we can glean from the s4W website drone solution sell sheet is encouraging. The fact that we as investors have to connect dots from such comments is telling. Both NEAH and S4W have dropped the ball on actually announcing the actual results from the testing.
D'Couto has some explaining to do and if he keeps to his pattern he probably won't.
Mainly, what happened with Argonne ? not active yet and they have been updating the site I have have noted changes.
JMHO
Bill
They shuttered their office and lab, sold the lab equipment and contracted a lab in Oregon to work on the battery.
Skeleton corporation, maybe too "dicey" for your taste. They are also very late on the SEC filings.
JMHO
Bill
Read a little lower.....
"In addition to utilizing existing manufacturing technology, the battery uses existing materials for the anode, cathode, the separator and the electrolytes. This reduces the risk of new materials adoption and testing. The technology also includes a unique approach using microchip geometry to control dendrite growth."
Bill
Just interesting information.
Most likely NEAH's battery research and test battery production vendor.
http://energy.sourceguides.com/businesses/byGeo/US/byP/batP/batt/byB/serv/research/byN/byName2.shtml
If they made them and they work as is indicated, they have some strong partnerships in the battery industry.
http://energy.sourceguides.com/businesses/byGeo/US/byP/batP/batt/byB/serv/research/byN/byName2.shtml
Lithium metal batteries, silicon anodes.
JMHO
Bill
Looks like S4W has prepped 20,000 body cams.
" The concept and design of a Washington Township High School engineering teacher and 15 of his talented students may soon be part of the standard uniform of local police. Teacher Rich Ambacher and his students recently teamed with Jerry McGough, chief operating officer of S4 Worldwide (S4W), a high-technology company in the surveillance business, to design an exterior protective shell for a very small video camera that soon will be worn by law enforcement officers. Some 20,000 “BodyCam” cases of the completed prototype already have been assembled to fill existing orders. McGough anticipates that this number will increase rapidly based on the projected camera market and the excellence of the company’s technology.
http://wtps.org/site/default.aspx?PageType=3&DomainID=4&ModuleInstanceID=20&ViewID=047E6BE3-6D87-4130-8424-D8E4E9ED6C2A&RenderLoc=0&FlexDataID=15949&PageID=1
If NEAH can get batteries in these, well that would be great validation of the tech and much needed capital.
JMHO
Bill
If you read what i said, that was my response to your comment about the "jury out on the battery"
The response was alluding to the BATTERY. Hence what we know about the NEAH battery and the best batteries drones currently use. Keep Up !
Bill
Your intentions are showing.
Obviously the scientific world does not agree with you.
http://www.teamfast.nl/
https://www.betterworldsolutions.eu/city-bus-formic-acid/
http://www.technologist.eu/team-fast/
Who do i believe ? TeamFast or you ? Oh the choices !
JMHO
Bill
As per the jury on the battery, the only people qualified to comment on the battery or a fuel cell\battery combination would be a company who has actually seen and tested it.
As a person who claims to not even own NEAH stock , that would not include YOU.
However since S4W is one of the only companies to actually trial a NEAH battery and in a drone , they would be qualified. They say the following.
"Continuous Flight
•
UAS management solution for continuous uninterrupted flight missions
•
UAS of various energy sources to extend flight times.
•
Integrated Neah Power battery for extended, multiple Hour flight times."
Other similar sized drones, however I suspect with not nearly a similar sized amount of energy eating electronics .
http://www.dronesglobe.com/guide/long-flight-time/
Hmmm, all the winners in that article work out to about 20 minutes of flight time with Lithium Ion batteries...limited by that darned old size, weight and power density factor.
Breaking it down to the most simplistic argument.
20 minutes or multiple hours ? ( repeat ) 20 minutes or multiple hours ? ( repeat ). I know that for some of you out there this would be a hard choice, but for others it is more clear cut.
JMHO
Bill
You appear to want to talk about this.
http://www.motortrend.com/news/fuel-sell-fill-er-up-with-room-temp-hydrogen-technologue/
http://evbud.com/news/312/
Bill
The voucher was only for $300,000.00 per company so having both would be detrimental as it would have cut the support dollars for either tech.
I think the efficiency of having a fuel cell which generates DC and a battery which stores DC power are just a natural efficiency.
This is versus having a generator which makes AC and has to be rectified into DC ( there is a power loss usually translating to heat ) to then be stored.
JMHO
Bill
Hello Neah Power Systems, its good to see some shareholder interaction.
Hopefully these questions will be answered in the update.
The most hyped event of 2016 was the Project with Argonne National Labs to work on the Powerchip Battery, this was many months ago and the SBV site does not show the project as "Active" this would indicate not even started in terms of LAB resources. Has the scope of this project changed ? Are the monetary resources ( $300,000 ) being diverted to a different NEAH development project ( Fuel Cell maybe ), or to a different National Lab ?
Techtonica - What Happened to this teaming agreement ?
S4W - Looks like success, Congratulations ! Production ?
Liquid Image - Success with S4W would indicate a likelihood of success here, did this happen ?
Financing - Most important of all, has NEAH acquired funding in order to move forward ?
Hopefully these are answered in the update, Thank You !
Bill