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boater_up

02/22/08 5:39 PM

#5547 RE: boater_up #5546

Anyone scratching their heads? Up is at home ad down is at work. I was haveing problems with the site and even tried to try a new registration. After all was said and done, it seems that my Yahoo instant messanger was causing the problems. So now I have two me's.
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lakes

02/23/08 12:22 PM

#5549 RE: boater_up #5546

Boater up/down...just looked at the yahoo thread and they are implying the following release is related to us. It would appear to fit ARSC. However, they do not mention us and they are throwing around some very large revenue numbers for year's 2 and 3. This alone makes me very leery. They also do not state what this undisclosed company (us?) would receive as compensation for transferring our patents and technology to RLLC.

Here is part of the article and link:

Real Logic Announces Agreement with Wind Turbine and Hydrogen Energy Company
Thursday February 21, 11:48 am ET


PALM BEACH, Fla.--(BUSINESS WIRE)--Real Logic, Inc. (OTCBB:RLLC - News) has come to agreement on terms for a Real Logic subsidiary with an innovative company developing a new generation of commercial wind turbines with optional hydrogen production and storage components. This company has completed design, marketing, and manufacture of a new wind turbine system, and will be transferring into the new subsidiary the exclusive rights for the intellectual property for the system, including patents and patents pending, proprietary systems, improved wind turbine design, and other numerous innovations unique to this industry. The company's pro forma summary projections indicates that Revenues will be generated from three income streams: Equipment Sales, Development O/M Services, and Wind Farm Revenues: Year Two Sales Revenues are estimated to be over $125,000,000: Year Three Sales Revenues are estimated to be over $350,000,000. Real Logic will be the majority owner of the new subsidiary.

http://biz.yahoo.com/bw/080221/20080213005869.html?.v=2