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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Perspective who wrote (159043)10/22/2008 3:40:20 PM
From: Smiling BobRead Replies (2) of 306849
 
Some revenues
Patron was right
Raised 100 mil last year in IPO
Thomas Meaney may also be the same guy with MKRS.OB. They're working with Navy as well.
Good find
If I had any profits to reinvest from ANYTHING, this would work.
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In June 2007, we received a $1.7 million contract from the US Navy to provide our PowerBuoy technology to a unique program for ocean data gathering. Under this 18-month program, the Navy will conduct an ocean test of our autonomous PowerBuoy as the power source for the Navy’s Deep Water Acoustic Detection System.

We were incorporated under the laws of the State of New Jersey in April 1984 and began commercial operations in 1994. On April 23, 2007, we reincorporated in Delaware. Our principal executive offices are located at 1590 Reed Road, Pennington, New Jersey 08534, and our telephone number is (609) 730-0400. Our website address is www.oceanpowertechnologies.com. The information on our website is not a part of this Annual Report. Our common stock has been listed on the AIM market of the London Stock Exchange plc since October 2003 and on the NASDAQ Global Market since April 24, 2007, the date on which we commenced our initial public offering in the

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United States. In that offering, we sold 5,000,000 shares of our common stock at a price to the public of $20.00 per share
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