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Anyone holding DFCTF or MUCL?
willBsoon: As a quick update, according to an article which appeared in TheStreet.com:
http://www.thestreet.com/_tscs/stocks/troywolverton/10105272.html
and the first Dutton report:
http://www.jmdutton.com/Research/KNOS/Index.html
the HoMedics/KNOS product was to hit the market by the end of March quarter.
As it turns out, this didn't happen, but we got news of the Flextronics deal.
The latest Dutton report said a product on the shelves by end of KNOS' fiscal year (June). Many are skeptical that they will make this deadline but, at this point, it does appear that things are actually beginning to move.
I had talked to the company quite some time ago about getting a manufacturer. One of the goals was to decide on and stick with it for ALL their different products.
Also, besides the Gulfstream deal, the Dutton report and the SEC filings have talked about the offering of similar devices for health care and hospitality which would be sold strictly by KNOS. These would contribute significantly more to the bottom line than the KNOS product.
Other events:
KNOS will present at a Dawnbreaker Convention May 3 & 4th. There is very interesting Technology Description on the Dawnbreaker site:
http://www.dawnbreaker.com/virtual2004/
Hope this brings you up to speed.
Here's to Dan giving us more news and retirement being just around the corner!
As usual, more RB problems this AM. What do y'all think of that bump at market open? Wish we could have some sales at .27 today to confirm.
Everyone should send an e-mail to investors@kronosati.com with the simple message:
"A little communication is worth big rewards."
Dan doesn't need to broaden his shareholder base. It appears he has plenty of them waiting in the wings but we all agree, he has not been giving ANYONE a reason to buy, no matter how great the technology is.
Shareholders want to hear that things are on track and moving!
Well, I finally listened to the broadcast this afternoon. Everyone is right, hardly anything new except the information about board manufacturing.
I did wonder if the other standalone products come under the HoMedics licensing deal - heaters, dehumidifiers, and humidifiers - or if they will be able to either contract with another distributer or make a more lucrative deal with HoMedics for these products.
Also, does anyone know if the 3 years on the HoMedics licensing deal begins when the contract was SIGNED or when production or sales begin.
If it is when the contract was signed, we are already a year and a half into the agreement with no product. Of course, HoMedics has the option to extend the contract, but does anyone know if the licensing revenues are subject to change during the extension?
Also, what about the price of the boards? Dan said they were committed to helping HoMedics produce a cost effective product, which makes me think Dan has some wiggle room in what he charges for the boards.
Sorry I haven't been able to do this DD myself. I'm just swamped at work these days!
RB Posters - welcome to iHub! Its a much better place to discuss stocks, it seems.
I still haven't had a chance to listen to Dan's talk in San Francisco, but based on the reports it seems to me that he misses the basic truth that stock prices are a reflection of EXPECTED earnings, yet he fails to show any predictions or show that he is really going to produce a product.
Based on the stock performance after his talk, I hope that he spent the weekend waking up to reality and decides to make a decision on a board manufacturer and release the news of production SOON (which to me means in the next 2 weeks).
That puts a product on the shelf in June.
Is everyone willing to wait that long or is the missed March deadline going to result in massive selling?
JM: (this is off topic to BTOR)
JM:
I don't have a premium subscription so I couldn't private you.
The Kronos website has been redesigned and the links in the box to the logo changed.
I updated it to the new logo name but the logo is now split into two images. I don't know how to insert two images in the ihub box so it appears correctly. Thought you might want to take a look. We may have to put the logo images together and post them on a private site and link to that site (which I can do). If you've got time, spend a while on the new site. It is much more professional and has some excellent info on CADR & other ratings (see the FAQs).
Also, there has been some movement from RB over to i-hub on the Kronos board so new posters showing up.
At this point, we're just sitting. All agree March is make it or break it time.
Lpoco, I don't know that the $1mm from HoMedics will be used for operations. I have always assumed (and that it admittedly dangerous!) that HoMedics was holding onto that $1mm to assure themselves that, at the time board manufacturing began, Kronos would have the cash to pay the board manufacturer. I think of it as HoMedics' insurance that Kronos will be able to get the boards produced.
I'll let JM know, he's been handling this,
Dr. Damadian? Who is that? (eom)
Tele:
I assume you mean USS Winston Churchill? I don't know about any others.
By the way, not only was the sale for the USS Winston Churchill reflected on the KNOS books, but the award showed up here:
http://www.fbodaily.com/cbd/archive/2000/10(October)/02-Oct-2000/aawd005.htm
so, it appears that it really happened. Did it get installed I guess is a valid question.
I see the Navy SBIR & bunk ventilation fans as two totally separate issues and don't think that bunk ventilation fans would involved the level of testing required for SBIR funded products. I don't know, but would assume that such testing is left to the ship builder to ensure safety and that the office of naval research would not be heavily involved. That is why a ship builder is chosen - to carry the burden of verifying & building a naval ship.
That being said, I did note that the award in the above link was from the Office of Naval Research.
Who knows?
Tomorrow I have a meeting with some other friends who are also heavily invested in Kronos. We are going to decide how to proceed given the silence at a time when news should be leaking out and the price should be showing expectation of a release.
Welcome Tele! I agree with Lpoco that its time to produce or move on. I've never invested this heavily in a penny before and I've never done as much DD on a company as I have done here.
Everything I see is a go EXCEPT this lack of communication about status and progress at this point. All of my other disappointment in Kronos (no product fall of '03, mainly) I have been able to resolve and get comfortable with.
However, I cannot imagine any set of circumstances at this point which would excuse the failure to launch something this quarter, a year and half after the definitive agreement between HoMedics and Kronos.
Right now, I am most concerned because the company has provided absolutely no information since the Friedland conference in early December. The lack of information is very unsettling at this point and, if you watch a ticker, you see how many shares are selling at .23, but it is interesting that as I watch so many shares selling the price rarely dips below the .23 mark.
What I do not have is an ongoing relationship with any of management. Do either of you have any inroads or contacts with management that you can use to place a call and get some feedback. I know they will not respond to e-mail but in the past I know they have responded to individual calls.
If neither of you already have such contacts, I may look at placing a call myself.
Welcome! I'd love to get chat going on a new board and make a clean break from RB.
My ticker shows some nice buying at .24 earlier, though volume overall is certainly down.
Surfing for new investment this weekend? Kronos had a great week, and month, for that matter. Take a look at some of the postings on this board.
Solid future with signed contract with HoMedics. SBIR contracts with Army & Navy. Big-hitters just appointed to fill vacant board seats.
When the HoMedics product hits the shelves (which will include a "Kronos Inside" tag), that cat will be out of the bag on this stock and we will be looking at major returns.
The ability of Kronos to replace HEPA filters with a no-filter alternative which uses less electricity & with no noise will totally anihilate the existing air filtration market for clean rooms. It will also take over the home & commercial HVAC markets and provide hazardous gas scrubbing alternatives to commercial facilities.
THIS IS A RETIREMENT STOCK!
2nd US Patent Granted!
Kronos has been issued its 2nd US patent protecting its technology. This patent extends to 2020, thus locking up its proprietary technology WAY out there. This is the technology which will destroy the HEPA industry, and which KNOS will control!
Here's the press release on the patent. Generally the patent is not available on the USPTO web site for several weeks, however, here is a link to their 1st patent:
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=/netahtml/search...
Press release, here:
http://biz.yahoo.com/prnews/030903/nyw070_1.html
On a technical note, it appears that a bullish flag is forming on the KNOS chart. This, combined with the patent news, may fuel some upside potential into the 0.35-0.40 range soon.
Best
Spencer I. Browne appointed to the Board of Kronos Advanced Technologies, Inc.
http://biz.yahoo.com/prnews/030828/neth009_1.html
This company continues to amaze me. They are making giant strides in bringing major clout to their board along with the expertise it needs to move from the consumer market into the industrial market.
If you haven't spent any time doing DD on this one, it is definitely worth your time. You'll find that, while it is still a small company, it has secured future income probably making the stock worth $5-$7 in the intermediate term (next spring). The possibilities of the Navy & Army contracts poise it to garner major income from the electronics, pharmaceuticals, and chemical manufacturing markets, as well as the home and commercial HVAC market. I look for $50/share in 3-5 years.
Take a look. And feel free to ask questions as you do your DD. I'll let you know what I've learned.
jmhollen. Found this board when doing a Google search for information on KNOS.
I really think this is a diamond in the rough and deserves much more attention than it is getting. The price potential for this stock is phenomenal, both short term because of the HoMedics product, and long term because of the myriad of applications.
I've told everyone I know about this one, and really hope it gets some decent media attention. I was hoping that The Street.com article would spur some additional inquiries and articles on web sites and financial publications. So far, we're sitting and waiting.
Anyway, unusual opportunity. I've never been able to get into a company with such a solid future but which the market has not noticed yet. Makes for incredible returns!
It is time to buy KNOS Shares now.
KNOS has put its turbulent past behind and is poised for exponential growth.
KNOS was originally incorporated under the laws of the State of Utah on September 17, 1980 as Penguin Petroleum, Inc. Penguin Petroleum Inc.'s stockholders approved a name change on October 6, 1982 to Petroleum Corporation of America, Inc. On December 29, 1996, stockholders approved a reorganization whereby they exchanged their stock on a one-for-one basis with Technology Selection, Inc., a Nevada corporation. Technology Selection, Inc.'s shares began trading on the Over-the-Counter Bulletin Board on August 28, 1996 under the symbol "TSET." On November 19, 1998, Technology Selection, Inc. changed its name to TSET, Inc.(See 10K - 6/30/01, page 2)
As you can see, it has been a petroleum company (originally formed by Richard Secord) and, most recently, was devoted to investing in various technologies. As TSET, it tried a number of different business ventures (Edge Audio, Atomic Soccer, Cancer Detection International, Electric Management, Cancer Treatment Centers, Inc., Computerized Thermal Imaging (CIO)). It sold off its interest in all of these businesses during 2001 and kept Kronos.
I believe that Kronos has outgrown its turbulent past and poised for dramatic growth --
Corporate Restructuring
The sale of all aspects of the business except Kronos represents the restructuring focus - capitalizing on Kronos. An excellent timeline of both the product development and restructuring are available here:
http://www.kronosati.com/evolution.pdf
The Kronos Technology.
The best place to learn about the technology is the company?s web site:
http://www.kronosati.com
From the Kronos site:
Silent Operation: Embodied in a non-turbulent, non-vibrating device - virtually silent.
Durability: No moving or degradable parts.
Adaptability: Scalable in shape, size and capacity and adaptable to existing infrastructure, hardware and HVAC systems or can be used as a standalone device.
Efficiency: Energy efficient, up to 10 times the cubic feet per minute per watt of a conventional fan at the same velocity and size.
HEPA quality Purification: Kronos? prototype tested can be classified as an ISO Class 6 (Federal 209E HEPA Clean Room Class 1000) particulate filter.
Air Flow: Air Flow generated by a Kronos Device can be variable from 0-1700+ FT/M.
CADR: Kronos? Standalone consumer prototypes have tested CADR ratings of >310 with complete silence.
Versatility: Operates under both extreme high and low temperatures; inertialess with instantaneous air movement and is capable of deployment in a wide range of applications.
The Kronos Market.
Kronos breaks its market into the following segments:
>Air Movement & Purification for residential, hospitality, healthcare & commercial markets.
>Specialized Military for naval vessel, closed vehicles, environmental devices
>Unique Spaces - clean rooms (electronics & pharmaceutical manufacturing), cruise ships, transportation (planes, trains & automobiles)
>Embedded Cooling & Cleaning - electronic devices & medical equipment
>Industrial Scrubber - produce storage & diesel emissions
>Hazardous Gas Destruction - incineration plants & chemical facilities
The value of these markets.
Est'd Market Size
Segment (U.S.$ in billions)
Residential, hospitality, health care
and commercial facilities $24.2
Naval vessels, closed vehicles,
environmental devices and other military uses 0.5
Cleanrooms, automotive, cruise ships, airplanes
and other unique spaces 5.6
Immediate Addressable Market $30.3
Additional Markets for Kronos? Technology
Embedded cooling and cleaning for electronic
and medical devices 2.6
Industrial scrubbing for produce storage
and diesel emissions 17.7
Incineration and chemical facilities TBD
Total Market Opportunity (based on five markets) $50.6