H2SteveO,
A few questions about DCH for you:
1)Why did DCH do a reverse merger(looked upon somewhat suspiciously by most knowledgeable investors) instead of an outright initial public offering if its technology was so promising? Here's the excerpt from the most recent 10K:
In May 1997, in an attempt to raise capital and provide a trading market
and liquidity for our stockholders, all of the outstanding capital stock of
DCH was acquired by Connection Sports, Inc., a publicly traded Colorado
corporation ("CSI") in exchange for the issuance of 6,000,000 shares of CSI
common stock. At the time of the acquisition, CSI was a shell corporation with
no assets, and there was no pre-existing relationship or affiliation between
or among us, CSI and their respective officers and directors. CSI's name was
changed after the acquisition to DCH Technology, Inc. This stock exchange
transaction is treated as an acquisition by us of the net tangible book value
of the assets of CSI, at the date of the acquisition. In this Registration
Statement, the term "DCH" refers to DCH Technology, Inc., a Colorado
corporation, and DCH Sensors Corp., its wholly owned California subsidiary. We
are currently traded on the OTC Bulletin Board under the symbol "DCHT."
2)Have you gotten compensated from DCH in the form of stocks/options/warrants for your stock promoting efforts?
3)Can you explain to me how DCH's PEM fuel cells are any better than PLUG's fuel cells? Regarding fuel cells, PLUG has 10 patents while DCH has none. Also, if PLUG is obtaining patents and DCH is trying to license patented technology, wouldn't DCH be at their mercy and be forced to pay licensing fees to those who actually have the intellectual property rights?
4)Why do you think DCH's stock price will rise again? |
