Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Bill Wexler who wrote (51065)	2/1/2000 9:14:00 PM
From: N. Dixon	of 122087

You are wrong about REFR. I gave you very credible people or sources to contact and you have ignored or ridiculed my posts. You yourself cited Dr. Carl Lampert as one of the people with whom you checked out REFR. Yes it took a long time but if you read the progress of the last two years it will become evident why so many new investors have bought REFR. They have no debt, cash to spare and the reason people are expecting products is the comments and web sites of the licensees. Hanglas of Korea shows SPD products on their web site and in their annual report [http://www.hanglas.co.kr/annual.pdf go to page 15]where they discuss their development of SPD. Hitachi and Dainippon are multibillion dollar companies that are making SPD emulsions. The last two agreements were for production licenses not R&D work. I painstakingly outlined this history for you several times and you continue to turn a deaf ear. One can hardly feel bad for you about you decision to ignore the obvious facts. Here again is the history of REFR. Message 12402065 We expect one or more of the active licensees to announce products this year. ND

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