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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.575+1.0%Jan 27 3:59 PM EST

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To: John Stichnoth who wrote (4487)11/2/1999 7:01:00 AM
From: Scoobah  Read Replies (1) of 5827
 
For the sake of clarity, a repost from the DCHT thread:

Message 11775317

John, here's the explanation as is clear from the filings recently accepted by the SEC.
Bolding mine. "DCH Technology, Inc., a Colorado corporation ("DCH"), seeks out
patented
technologies, secures those patented technologies through licensing agreements
with the patent holders and converts the technologies into viable products which
DCH then produces and sells."

Dch doesn't hold the patents, they merely license them from the patent holders. These
would be, also from the filing:

"The Robust Hydrogen Sensor, licensed from Sandia National Laboratory.
DCH currently manufacturers products based on this technology. The
Robust Hydrogen Sensor is discussed below under "Hydrogen Gas Sensors--
The Robust Hydrogen Sensor".

-- The Thick Film Hydrogen Sensor, licensed from Oak Ridge National
Laboratory. This technology is still under development. The Thick Film
Hydrogen Sensor is discussed below under "Hydrogen Gas Sensors--Thick
Film Hydrogen Sensor".

-- The Universal Gas Detector, licensed from Simon Fraser University. This
technology is still under development. The Universal Gas Detector is
discussed below under "Hydrogen Gas Sensors--Universal Gas Detector".

-- The PEM Fuel Cell, licensed from Los Alamos National Laboratory. This
technology is still under development. The PEM Fuel Cell is discussed
below under "Fuel Cells--PEM Fuel Cell"."

Thus, I would expect to find these patents listed with their respective holders as per
above. I would also expect it possible for these sources to confirm their licensing
agreements with DCHT. At this late date I see little reason to think DCHT claims of
licensed patented technology from the likes of these sources can reasonably be doubted.
I'd advise Steve to have copies of the patents and confirmation of licensing agreements
with DCHT, readily available to offer those who ask, like you.

This gross layman feels it is clear that DCHT's(Or, I should say, Los Alamos National
Labs) circular, self-evaporating, stackable Fuel Cell design offers the potential for
efficient operation, ease of assembly, and low cost mass production. In the meantime,
DCHT sensors(or, I should say Sandia Nat. Labs, Oakridge Nat. Labs, and Simon
Frasier Univ's) may be the best game in town for hydrogen safety applications(and
others) which surely must grow in the future if the Fuel Cell business grows in the
future(and quite plausibly, even if not).

I think it's clear that this company is very real and above board despite all hype by
H2O Steve. I'll say this about H2O Steve: it has NEVER been shown that he was EVER
paid to PR this company. His Ram Capitol Management was paid for a significantly
different function. Steve maintains, and the company clearly maintains by inference, that
his hype on these threads was/is his personal thing NOT ever condoned by the
company. For all the charges of scam, nothing has come of them. I certainly don't expect
anything to come of them save if Steve himself, not the company(which I think is clearly
beyond reproach in this matter), were found to have misrepresented himself.

Dan B
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