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boater_up

02/24/08 4:26 PM

#5559 RE: lakes #5556

The name of the company through me. Before I looked, I thought it was some sort of software company. The profile I found, I copied below.

Real Logic, Inc., through its subsidiaries, is developing alternative transportation vehicles for resort, neighborhood, utility, and recreational purposes.

It seems that they may be looking for what ARSC is looking to get into with American Hydrogen. I know we would all like to see them with GM ,Toyota or a similar big name company but if the bigger companies are already trying something different,it would be hard to get them to change boats in mid stream. Ya have to grow feathers before you can soar with the Eagles. Small transportation vehicles like those suggested would be a viable way to prove the concept to the big boys.

The big question would be "Do they have any funding ?" I couldn't see making things for free. On the other hand, Ohio U. is applying for a grant to develop for automotive use so This company may be a source of parts and pieces to put a concept together.

Speculation is at full flow. If they put out something that applies to ARSC, you can bet that we will get a PR on it this next week.
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boater_down

02/25/08 7:33 AM

#5564 RE: lakes #5556

If this were a deal with ARSC, I don't think that it would have any positive impact on the pps in the short term. Milestones eagerly waited for are earnings and certification. Anything else after that would be gravy. A large financial backing would help everyone feel a little more at ease about dilution but still not as big an impact as the first two.