Thanks for the reply, I understand that it is a shell play but I have to think that the patents are worth something and should be separated from the sale of the shell . I am not sure if you have seen this but have a look at the info that was filed with the gov in regards to what the grant money was used for. My question is ???did they succeed in their research and have a Long life, low power, multicell battery that can be produced. This would be worth Billions. I have seen this type of move before in Penny stocks were the share holders are eliminated by this type of transfer of shell and patents. There are some contact people and phone numbers that may provide these answers below.
SBIR/STTR 11 Agencies, 1 Vision: Seed the Future SBA Logo Login/Register Contact Us Search Home Links About Funding Awards News Events Tutorials Resources HomeAward Details Long life, low power, multicell battery Print Award Information Agency: Department of Defense Branch: Army Contract: W911NF-08-C-0064 Agency Tracking Number: A074-001-0031 Amount: $749,700.00 Phase: Phase II Program: STTR Awards Year: 2008 Solicitation Year: 2007 Solicitation Topic Code: A07-T001 Solicitation Number: N/A Small Business Information MPHASE TECHNOLOGIES 150 Clove Rd., Little Falls, NJ, 07424 DUNS: N/A HUBZone Owned: N Woman Owned: N Socially and Economically Disadvantaged: N Principal Investigator Name: Steve Simon Title: CTO Phone: (973) 638-2451 Email: ssimon@mphasetech.com Business Contact Name: Fred Allen Title: CEO Phone: (609) 933-8437 Email: fred.allen@alwaysready.com Research Institution Name: RUTGERS UNIV. Contact: Chuck Wykoff Address: 3 Rutgers Plaza, NewJersey New Brunswck, NJ, 8901 Phone: (732) 932-0115 Type: Nonprofit college or university Abstract The purpose of the proposed Phase 2 work is to create a low-cost multi-cell battery capable of constant power draw in the 100 nA range to provide back-up power source for an SRAM memory chip such as those used in FPGA (field programmable gate array) architectures. The battery to be developed under the current work program will proved for up to 30 year active life (under 100 nA load). This will be achieved by utilizing an array of sub-cells that can be individually triggered to deliver the required amount of energy while keeping the rest of the array in the reserve (unused, fresh) state. * Information listed above is at the time of submission. *