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Technology Stocks : Research Frontiers (REFR)

REFR 1.910

+3.8%

Oct 31 9:30 AM EDT

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From: Bill Wexler	5/18/2005 11:55:31 AM
	of 49970

REFR's uninterrupted history of fraud 1992 The REFR stock fraud announces an automotive deal web.archive.org 1992 revenues from commercial SPD products = 0. 1993 The REFR stock fraud announces an automotive deal web.archive.org 1993 revenues from commercial SPD products = 0. 1994 The REFR stock fraud announces an automotive deal web.archive.org 1994 revenues from commercial SPD products = 0. 1995 "I am confident that products using SPD film technology will begin to appear in the near future." web.archive.org 1995 revenues from commercial SPD products = 0. 1996 The REFR stock fraud announces an automotive deal web.archive.org 1996 revenues from commercial SPD products = 0. 1997 RESEARCH FRONTIERS LICENSEE EXPECTS TO COMMERCIALIZE SPD PRODUCTS AND ESTABLISH NEW PRODUCTION FACILITIES NEXT YEAR web.archive.org 1997 revenues from commercial SPD products = 0. 1998 revenues from commercial SPD products = 0. 1999 The REFR stock fraud announces an automotive deal web.archive.org 1999 revenues from commercial SPD products = 0. 2000 "As a leading integrator of businesses and technologies within the $8 billion replacement window/door industry, we are very enthusiastic about the potential for SPD light control technology to enhance the value of our custom vinyl window products," commented Steve Hoffman, Chairman and Chief Executive Officer of ThermoView Industries, Inc web.archive.org 2000 revenues from commercial SPD products = 0. 2000 total revenues for Thermoview Industries, Inc. the self-described "leading integrator of businesses and technologies within the $8 billion replacement window/door industry" = $95 mil. Total losses = ($23 mil.) 2001 The REFR stock fraud announces an aviation deal web.archive.org 2001 The REFR stock fraud comments on short-selling, makes misleading statements about trading activity in REFR stock...and mentions itself and Qualcomm in the same breath, in a not-so-subtle and laughable implication that the fraudulent Research Frontiers can generate revenue from its worthless patents much the same way legitimate companies such as Qualcomm exploit their valuable intellectual property. web.archive.org 2001 revenues from commercial SPD products = 0 2002 "In his address to shareholders, Robert L. Saxe gave an overview of the Company’s progress and reconfirmed that based upon projections given to Research Frontiers by several of its licensees, it was a reasonable goal to expect the Company to have its first full year of profitability in 2003." smartglass.com 2002 The REFR stock fraud announces "backlog of customer orders" smartglass.com 2002 The REFR stock fraud announces an automotive deal smartglass.com 2002 revenues from commercial SPD products = 0 2003 The REFR stock fraud announces an automotive deal smartglass.com 2003 The REFR stock fraud announces an automotive deal smartglass.com 2003 revenues from commercial SPD products = 0 2004 The REFR stock fraud announces an automotive deal smartglass.com 2004 "Research Frontiers Incorporated announced today that it will write off its remaining investment in SPD Inc..." smartglass.com 2004 revenues from commercial SPD products = 0 2005 "“This funding will help us continue to improve the performance of SPD technology, and to help our 34 licensees across the world roll out SPD chemical, film and end-products..." smartglass.com 2005 (YTD) revenues from commercial SPD products = 0 Total revenues from SPD products in the REFR stock fraud's 40+ year history = 0

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