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Technology Stocks : Astris Energi - ASRF

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To: no who wrote (131)4/22/1999 3:52:00 PM
From: Protanope  Read Replies (1) of 157
 
I received this email from EVI (my note is on the end of this forwarded message)...

>From: Wayne Hartford
>Subject: Re: EVI and Astris
>Date: Tue, 20 Apr 1999 10:32:34 -0700
>
>Thank you for your note and you should be able to trade EGYV any day now.
>There will be a lot of announcements coming out in the next several
weeks
>and we are excited about the prospects. The intellectual property that we
>are working with, and hence the proceeds of any commercialization are
>approximately 97% EVI at this time and they will become 100% in future
>unless we do some partnering in the marketplace.
>
>We are basically looking at small applications at the moment and we are
>planning to demonstrate a golf cart by the year end. We feel that these
>smaller applications are easier to work with because of the lack of fueling
>and maintenance infrastructure for full size vehicles. This bottom up
>approach is the way most technologies do develop but a lot of the existing
>PEM type systems require a very large platform to work with so they are
>starting at the top.
>
>At this time, there is no office for Astris as it exists basically as
>holding company and EVI has taken over the lab.
>
>Yours Truly
>
>Wayne Hartford
>President&CEO
>Energy Ventures Inc.

Summary of my note's questions...

>>I would be grateful if you could answer a few questions..
>>
>>Could you please briefly explain how any how any benefit realized by
>>licensing or selling product/technology/intellectual property would
>>be divvied up?
>>
>>Will EGYV begin trading? Do I invest in your company through ASRF?
>>
>>Are their more new releases soon? Why was Astris not mentioned in
>>the latest fuel cell news release (re:$200 000).
>>
>>What kind of power output does your fuel cell have? What is your
>>timeline?
>>
>>Who have you targeted as purchasers of your fuel cell technology?
>>Are you talking with any of them?
>>
>>Can you give me a contact email @ Astris?
>>

***************************************

I am greatly reducing my ASTRIS holding and looking for EVI to begin trading again...

J
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