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Microcap & Penny Stocks : Manhattan Scientific....MHTX
MHTX 0.00010000.0%Jul 1 2:33 PM EST
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To: Jim Bishop who wrote (464)6/9/1999 3:39:00 PM
From: Spyder  Read Replies (1) of 942
 
Q. RE: Micro Fuel Cells: When will the Company bring its first product to market? How?

A. The company's business Plan is to first develop a small, portable, fuel-cell-powered charger. This device, to be built into a fitted carrying holster for a cellular phone, will constantly charge the phone's conventional battery, thus creating an "always on" powered telephone. In this manner, the company will not immediately challenge the battery industry. Instead it will compliment it. Manhattan Scientifics would like to eliminate the word and the memory of AC electrical wall-plug recharging. Management believes that it will be successful in "partnering" with a major strategic corporation within the battery, telecommunications, consumer electronics, or chemical industries. Manhattan Scientifics is not sufficiently capitalized to manufacture and distribute its fuel cell products alone. Once a committed, well capitalized corporate partner has been identified and a working relationship secured, management intends to have its fuel cell products mass produced and distributed by larger organizations. Management's goal is to see first products enter the marketplace by the end of the year 2000.

from mhtx.com
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