Part #2:
On May 26, 1999, Rhombic Corporation announced the acquisition of a method
for manufacturing a highly efficient disperse deposit material (DCM) or dust
plasma, that is made up of a homogeneous interior covered with a thin and
strong connective coating. Dr. Vladamir Fortov, Russian Minister of Science,
and Dr. Reinhard Hopfl, a high ranking German physicist, head Russian and
German scientific teams which have joined with Rhombic Corporation in the
production of DCM particles in the U.S. and/or Russia.
The DCM plasmas can be produced as catalysts, as abrasive wear-resistant
grinding materials of high strength, and as intermediate material for
soldering or welding of various ceramic and other nonmetal items with metals
such a solder for the junction of high temperature superconductors and
electric current leads.
A special application is a coating that leads to a very low cost conversion
of long lived nuclear wastes from nuclear reactors into stable nuclides or
the eliminations of the radio active plutonium by transmutation into uranium.
This potential of DCM plasmas to neutralize radio active wastes opens the
door for Rhombic Corporation to enter the billion dollar waste site clean up
business that plagues the world with toxins.
According to Rhombic's scientists, all of the known manufacturing methods for
these DCM materials are either insufficient in the continuity of the coating,
or the coating does not adhere adequately to the particles of the initial
material, resulting in a degradation of the strength of the product.
Rhombic's DCM acquisition assures that the active components have strong
adhesive qualities and a long DCM lifetime.
On April 14, 1999, Rhombic announced a six weeks feasibility study being
produced by three major computer corporations on the applications and
economic viability of Rhombic's diamond technology.
The Nuclid Battery
The nuclid battery which is a more advanced version of the nuclear battery,
owned 100% by Rhombic Corporation, produces energy from the breakdown of
unstable isotopes of a number of basic elements such as Krypton, Strontium,
and Cesium. The battery's single purpose is to provide a generation or more
of constant energy for both manned and unmanned space flights to nearby
planets and eventually outer space.
Dr. Reinhard Hopfl of Germany, represented Rhombic Corporation's nuclid
battery at the Geneva, Switzerland June 12-14, 1999 summit meeting of
International Computer and Communications. Initial contacts have been made
among the top producers of satellites during the IC&C summit. The Russian
Academy of Sciences was among new members being sponsored. Rhombic
Corporation soon will have the honor of being considered as a member.
Special Update - On April 9, 1999 a special report was released on the Nuclid
Battery which stated, "Recent planning among the Russian and German
co-inventors of the Rhombic Radio Nuclid Battery (Dust Plasma Battery)
includes information about extensive experiments by the Russian Academy of
Sciences with anticipated new runs on the MIR Space Station.
Members of the forthcoming International Space Laboratory, after docking its
third module, and scheduling astronauts for the year 2000, will provide a
priority experiment in space to be performed by the Rhombic Dust plasma
Battery.
The last experiments in the MIR space station were continued throughout
January 1999, and are still being evaluated at present. One of the first
experiments in the manned flight in early 2000 will be on dust plasmas. A
Russian team will cooperate in the experiment with a team from the Max Plank
Institute in Germany.
Dr. Heinrich Hora, representing Rhombic Corporation, recently initiated
contact with the International Computer and Communication Corporation (IC&C)
in Reston, Virginia in order to promote the Battery for use in the low
orbital communication satellites being launched in the near future to
accommodate the quickly expanding cellular and internet business. Large-scale
development and mass production of the Battery may necessitate the
involvement of a large satellite company or a consortium of them. Doctor
Hora's contacts with communication companies, in particular IC&C, may help
Rhombic in these developments.
Dr. Hora's latest report indicates that the much lighter weight and lesser
cost of Rhombic's Super Compact Battery may prove essential to reduce the
projected cost of the first 400 satellites into space. Former vice president
of the Russian Academy of Sciences, Dr. Vladimir Fortov, lately reported to
Dr. Hora that there has been "extensive progress" of work on the SRB with
dust plasmas.
Diamond Flywheel Battery
In May 1997, Rhombic Corporation acquired a method for storing large amounts
of electrical energy for both portable and fixed applications. The
acquisition, named "The Diamond Electromechanical Battery" with a patent
application in Germany, is a specialized variation of the high-velocity
flywheel technology for its first-time use of diamond layers as a flywheel
reinforcement. Rhombic was selected to develop the diamond flywheel battery
by a team of German and American inventors because of the company's intensive
involvement in forced diffusion.
Rhostar.com and the Rhombic Explorer
RhoStar.com will offer an innovative online distribution channel for software
and information products. Their mission is to provide product developers and
consumers with new and more powerful relationships and will offer a
qualitatively distinct method for achieving rapid results
A spinoff of Rhombic Corporation, RhoStar.com is in the planning stages to be
an online distribution channel offering product developers a self-selecting
means to achieve faster market penetration. The customers will become the
distribution channel and each party will benefit. Initial products for this
distribution channel will include the Rhombic Explorer.
The Rhombic Explorer will make life easier for millions of Internet users. It
will also make thousands of organizations more efficient and productive
because the Rhombic Explorer will provide a powerful tool for gathering
information automating the painstaking and tedious process of manual web
surfing. The Rhombic Explorer will accomplish this by giving consumers and
organizations a new set of capabilities.
The Rhostar website is now under construction and may be viewed at
rhostar.com.
Overview of the Software
The Rhombic Explorer will automate Web searching, the most commonplace and
time wasting task performed on the Internet. This task has only been possible
for a few years so the opportunity to automate it has only now emerged. The
Rhombic Explorer integrates familiar design principles from other kinds of
software, making it easy to use and to understand. It provides new powers and
tremendous convenience and timesaving to every individual and every
organization that uses the World Wide Web. It is a new type of software, with
all the potential that statement implies.
Individual Benefits include: * Automates a slow, manual task * Uses off peak
hours
* Prevents redundant searching * Provides condensed versions of sites *
Reduction of online charges * Corporate Benefits * Reduced staff costs.
Employees are freed to perform other tasks. * Improved staff productivity *
Reduced communication costs. Queries can be consolidated and executed at the
most cost effective times and dates.
* Central coordination of searches for improved efficiency and supervision
* Elimination of duplicate searches * Accelerated response when queries yield
sites already searched. Instead of downloading and scanning a site, taking
many minutes, the database constructs a response in seconds. * Automated
construction and maintenance of a corporate knowledge base
Millions of individuals and knowledge workers spend more time surfing the Web
than on any other Internet activity. 72% of Internet users surf the web at
least once a day, 41% 6-10 hours a week. Searching the Web is fun, but it is
also a slow, painstaking and inefficient manual process. The fun wears off,
but the work remains. Studies of Internet usage by SunSoft and others reveal
harried workers racing through web pages under deadlines, scanning rather
than reading web copy, missing most of the available information for research
tasks, and duplicating their own searches and those of their co-workers. The
costs and waste are enormous.
Individual users suffer the same frustration and inconvenience. Stymied by
slow response times and frequent dropouts during peak usage hours, many North
American users do their Web research in the small hours of the morning, when
they should be sleeping, or after getting up very early. This leads to
increased fatigue and stress, and a host of secondary health and productivity
effects in the workplace.
The Rhombic Explorer solves these problems neatly. It provides an easy,
convenient way to automate manual work. The benefits provided to individuals
are multiplied when used by organizations. The Rhombic Explorer is a new
class of software that creates a vast new market. Powerful cost/benefit
justifications open up the corporate and government markets.
FaxKey
The FaxKey will be a compact, simple device to send, store and receive secure
facsimile documents without demanding any action beyond the insertion of a
key. Both the sender and the receiver are freed from the need to key in pass
codes or instruction sequences. The security provided would be equivalent to
that provided by more complex protocols without demanding error-prone extra
steps. The competitive advantage of this design lies in its ability to offer
convenient and flexible security at low cost.
The FaxKey will be a separate device, able to operate with any fax. The only
connection to the fax unit would be a short length of phone line. Power
requirements will be small because the FaxKey design will employ low power
chipsets like those in palmtop or laptop computers. No power cord is required
because it will draw power from the phone jack (as standard telephones do).
The FaxKey would be a simpler device than a computer, with a low parts count.
When not encrypting, decrypting, or storing secure faxes the FaxKey will act
as a passive buffer, taking no action. The FaxKey will offer the option of
storing printout faxes if the connecting fax unit is unavailable, for example
when connected to a personal computer, which may be turned off or removed.
Equity Financing
On January 11, 1999, Rhombic announced the completion of a $300,000 504
financing through a group of its current shareholders of 2 million shares at
15 cents. The $300,000 has been put in trust, to be used exclusively for
Rhombic to open its Diamond Forced diffusion facility in Columbia, Missouri.
Rhombic has established a Finance Committee to approve budgets and allocate
the appropriate funds for the Missouri plant and any other major
expenditures.
Kathy Knight-McConnell
Investor to Investor
investortoinvestor.com
Disclaimer: Knight-McConnell Information Retrieval Service and Investor to
Investor Newsletter is not nor does it claim to be a licensed stock broker,
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NOTE: I have been writing about NUKE since I wrote my first review in the
May 1998 issue of Investor to Investor for which I have not been paid nor
have I requested payment for that review. I have recently been retained by
Pacific Bay Financial to provide services as a market information support
systems consultant in regard to the writing of press releases and other
documents for Rhombic Corporation. Payment for my services was originally
stated to have been 20,000 stock options exercisable at .50. This has been
changed to 10,000 shares of stock which has been received for services
rendered in connection with the agreement with Pacific Bay Financial. I have
not been paid by Rhombic Corporation, any of its directors, officers, or any
of its affiliates to provide any services whatsoever to the company itself...>>
Chucka - ENJOY |
