Mind Technologies, Inc.(fka MTEK)

[alexander77]

I liked the CC very much:
1. New headset: BF said that pattent attourneys were investigating the technology that was used in the new headset and will be applying for pattents as needed. (I found that point very interesting because it makes me think that they already have a working prototype if they are already doing this). The new headset will use dry sensors and BF anticipates setting the retail price at 3 times the cost to manufacture. He also stated that the anticipated retail will be somewhere between $99 and $199. It will be at least 2 months before the company is ready to debut the headset.

2. The medical and gaming sectors are the two markets that the company wants to focus on although many other possibilities for utilizing the technology were mentioned.

3. The mobile applications and mobile apps store will debut at the same time as the new headset.

4. Once the new headset is on the market a thought controlled gaming tournement will take place. One here in the US and another in Europe.

5. BF siad they have targeted certian European Investment services and we should start seeing some movement on the MSO stock this month yet.

6. The company will launch a marketing campaign after the new headset is out. 500K was mentioned for marketing purposes that will be used for tv, print, and internet adds.

PS Highlighs copied from the yahoo board.