Replies to post #6627 on mPhase Technologies Inc (XDSL)

[olroy]

So Scepter would be buying a shell with assets (patents). If one knew what these patents were worth than this should reflect on the share price. How many patents do they hold??

In regards to receiving shares of Digital Power , The Ergul Family and Durando exchanged all their shares of Microphase for shares of a company (Digital Power Corporation) that is very similar to Mphase.

I wander if there is any link between Mphase and Digital Power being that Durando has an invested interest in both companies that have similar interests and take contracts from the ARMY????

Just reading between the lines.... There may be nothing here...

https://digipwr.com/about-us/our-story/

[olroy]

Small Business Technology Transfer Program (STTR) grant. Provides up to $150,000 for phase one and up to $1000000 for phase 2. It was under the Department of Defense that this company qualified for some financial assistance but that is all the money they were ever going to get. The Department of Defense was under no obligation to provide any additional funding if they came up with results or not.

I find that the news release about the Department of Defense being involved may have been somewhat misleading. All this funding was about a grant program set up by the gov.for Small Business Technology.

I wander if the US Gov. is interested in how their grant money was used and what the end result was from that funding.and who bennifitted and who didnt. .I would imagine that the company would have had to submit some kind of report to the gov in regards to their research and how the money was used. I sure would like to see that report if there actually was one. See below

STTR Participating Agencies

Each year, Federal agencies with extramural research and development (R&D) budgets that exceed $1 billion are required to reserve 0.45% of the extramural research budget for STTR awards to small businesses. These agencies designate R&D topics and accept proposals. Currently, five agencies participate in the STTR program:

Department of Defense
Department of Energy
Department of Health and Human Services
National Aeronautics and Space Administration
National Science Foundation
Each agency administers its own individual program within guidelines established by Congress. These agencies designate R&D topics in their solicitations and accept proposals from small businesses. Awards are made on a competitive basis after proposal evaluation.
Three-Phase Program

The STTR Program is structured in three phases:

Phase I. The objective of Phase I is to establish the technical merit, feasibility, and commercial potential of the proposed R/R&D efforts and to determine the quality of performance of the small businesses prior to providing further Federal support in Phase II. STTR Phase I awards normally do not exceed $150,000 total costs for 1 year.

Phase II. The objective of Phase II is to continue the R/R&D efforts initiated in Phase I. Funding is based on the results achieved in Phase I and the scientific and technical merit and commercial potential of the Phase II project proposed. Only Phase I awardees are eligible for a Phase II award. STTR Phase II awards normally do not exceed $1,000,000 total costs for 2 years.

Phase III. The objective of Phase III, where appropriate, is for the small business to pursue commercialization objectives resulting from the Phase I/II R/R&D activities. The STTR program does not fund Phase III. In some Federal agencies, Phase III may involve follow-on non-STTR funded R&D or production contracts for products, processes or services intended for use by the U.S. Government.