XDSL.ob Smart NanoBattery demo
Don't know too much about this one. $0.08 down today.
Story reads well. Smallish OS 394M but AS was only 150M. Could see .01 or pop. 18k bagholders have drunk the battery acid so far.
Did have a recent spike that failed quickly. Never like that.
mPhase Makes Battery History
10:30a ET April 3, 2008 (Market Wire)
mPhase/AlwaysReady, Inc. (OTCBB: XDSL) successfully demonstrated the electronic activation of its revolutionary Smart NanoBattery in front of a live audience in NYC. This breakthrough in battery technology showed the ability to obtain power on command from a fully assembled Smart NanoBattery that does not self-discharge. Unlike conventional batteries that start dissipating power right after they are manufactured, the Smart NanoBattery keeps the liquid electrolyte separate from the solid electrodes with a nanostructured membrane and is therefore completely fresh when power is needed for the first time. By combining the phenomenon of electrowetting with microfluidics, the suspended electrolyte can be manipulated and moved through the membrane to contact the electrodes and provide power when needed. For the first time in a public demonstration, the electrowetting was achieved by an electronic triggering mechanism.
"Demonstrating this electrical activation mechanism in front of a packed house was exhilarating and represents a major milestone in showing how the Smart NanoBattery can be potentially integrated into portable electronic systems," said Ronald A. Durando, CEO of mPhase Technologies Inc.
About mPhase/AlwaysReady, Inc.
mPhase Technologies Inc. (OTCBB: XDSL), through its wholly owned subsidiary AlwaysReady, Inc., is focused on developing and commercializing a new battery technology based on a well-patented phenomenon known as electrowetting, which provides a unique way to store energy and manage power that will revolutionize the battery industry. For more information please visit our website at www.mPhaseTech.com.
--------------------
mPhase/AlwaysReady Leapfrogs Battery Technology
11:00a ET April 3, 2008 (Market Wire)
mPhase/AlwaysReady, Inc. (OTCBB: XDSL) announced today that coming off of the heels of its successful demonstration today that it has set a date of May 20th 2008 to demonstrate to the public a new higher powered lithium Smart NanoBattery that can be activated on command. Remarkable progress has been made in optimizing battery chemistry and packaging of our Smart NanoBattery while we pursue commercial and military applications involving portable electronics. The Smart NanoBattery has a unique architecture built around a nanostructured membrane that separates the liquid electrolyte and solid electrodes until power is needed and avoids the problem of self-discharge encountered in a standard battery.
"The nanostructured membrane at the heart of the Smart NanoBattery can be customized to work with any battery chemistry. Advancing to a lithium platform will accelerate product commercialization and opens up many more potential applications," said Dr. Fred Allen, President of AlwaysReady, Inc.
"This represents incredible progress in a short period of time. Led by Dr Allen, our team is ushering in a new era in battery technology," said Ronald A. Durando CEO of mPhase.
Pennies not a zero sum game as much as some zero game.
