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Technology Stocks : Raser Technologies

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To: KLP who wrote (1)	3/28/2005 8:48:24 AM
From: Jill	Read Replies (2) of 306

Now, a savvy SI cybefriend of mine says by PM (I asked him to look at it) that it was a shell buyout and that's usually a red flag. From the companies web site.. "Raser Technologies, Inc. became a public company in October of 2003. The company's stock symbol is RSTG." But the first day of trading for RSTG is april 30th 2002 a full year and a half before they claim to have gone public... He says: No trading history at .03 cents up to nov 7th '03 with a stock split prior on sept 22nd '03 and a gap up to $1.30 on nov 10th '03? And: deseretnews.com All I know of shells is that they were and are even now popular in Vancouver and though not illegal usually are ways of the owners/original stockholders who bought in at pennies making a lot of $ and those who buy in later getting in trouble. Also do they actually have patents for new technologies they can license? I thought so, but... These are somewhat naive questions of mine as I don't know much about shells.

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