30 Jan 2004, 01:42 PM EST
abadgoodgirl - Did you make the Call? tia..eom
30 Jan 2004, 07:31 PM EST
Msg. 1030 of 1035
(This msg. is a reply to 1027 by duelittle2.)
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Yes, and I suggest you do the same because
it was my understanding that the company shared the patent with the University and this is incorrect.
The fuel cell technology was successful and Pacific Fuel Cell had the University prove the theory meaning an independent team of researchers confirmed Pacific fuel Cell's claims.
So patent belongs 100% to Pacific Fuel Cell and the technology is sound.
Now the company is in the process of arranging financing or a private placement of some sort.
Without saying too much it appears that the revenue stream will be from licensing the technology to companies such as Panasonic/Mitsubishi/etc for use in their battery operated products i.e. laptops, PDAs and small household appliances as well as CELL PHONES.