MDTL history of failure
Whatever you think of MDTL's prospects, you've got to measure them against the many times it has made specific predictions and promises, and FAILED.
This is a partial list.
- Charles
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11 years, 12 products, many patents, many announced 'partnerships' and announcements of sales starting and about to start... BUT NO REVENUE and NOTHING TO SELL
FUEL CELL -- SAGEM DEAL
February 2001
The Agreement establishes specific program and technical milestones for the joint development effort with a goal of having a power pack product ready to market by the end of 2002.
CANCER DETECTION AND SURGERY TOOL
uscj.org
MEDIS EL [Giza Investment Letter, June 1996]
Medis El (NASDAQ:MDSLF), a small maker of cancer diagnostic equipment [made significant] product announcements relating to detection of prostate cancer, individualized chemotherapeutic treatment of cancer and detection of rheumatoid arthritis. The company also announced that it had filed for patents for a new compressor to create extreme cold for use in cryosurgery and possibly for removing facial growth.
SUPERGREEN BATTERY
stockhouse.ca
September 2000
The Battery also utilizes the DLM fuel cell technology and is expected to last twice as long as current long-life AA batteries... As far as a commercialization date for its products, Lifton sees building a plant in Israel to manufacture the fuel cells in 2001 with delivery of product in 2002.
CONDUCTIVE POLYMER FACTORY
That June 2001 letter from MDTL is the one that also promises:
we are on course in our plans to manufacture and market highly electrically conductive polymers. We expect our pilot plant to reach operational readiness in October of this year and to be producing and selling polymers starting at the end of this year.
MAGIC MOTORS IN MORE THAN ONE SIZE! GOSH!
(taken from MDTL webpage before I got MDTL to shut it down)
Toroidal Engine
Medis' toroidal engine is a donut-shaped internal combustion engine... expected to be 30-50% more efficient than existing internal combustion engines found in today's automobiles, as well as cheaper to manufacture. Offering 50-80 miles per gallon for auto use, it is expected to be the revolutionary engine replacement for automobiles, boats, or power generators. Medis believes that the patented engine will be more energy efficient than existing diesel engines... A smaller version, adapted for motorbikes, scooters, lawn mowers and other small engine-powered products and is planned to be introduced in the end of the first quarter of 2001. Development has started on a prototype 75-100 horsepower engine, enough to |
