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Technology Stocks : Millenium Cell (MCEL)

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To: Hawkmoon who wrote (44)5/4/2006 10:22:08 AM
From: Hawkmoon   of 55
 
Listening to the conference call right now...

Apparently MCEL will own 48% of Gecko by sometime this summer.

HOWEVER, something I didn't know.. Apparently they have the right to purchase another 33% of Gecko at some time in the next two years.

So obviously while Gecko is ramping up its Planar Fuel Cell concept, MCEL is funding them, but keeping their expenses off of MCEL's books. But once Gecko has shown that it can sell it's Planar Fuel Cell to device manufacturers and OEM for inclusion DIRECTLY into their form factors (like the top of a lap top lid) the fuel cell will be directly installed into the devices (which leaves more room for MCEL provided fuel cells).

This is a pretty major concept, IMO.. and TRULY represents the future of company... Actually selling licenses for the devices that then lend to the use of other products licensed by MCEL (the fuel cartridges), is a very interesting strategy.

They also just mentioned Intel's interest in their fuel cell solution.

Hawk
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