more on CTRL
To: learnstocks (2601 )
From: Jon Scott Saturday, Mar 6 1999 10:00PM ET
Reply # of 6308
The more I read the CTRL product data, the more I see the potential inferiority that MRPS pointed out.
Looks like an emitter must be placed inside certain machines. I wonder how that compares to MRPS?
Unfortunately, I don't have enough shares to warrant devoting much more time to MRPS than I already have, but there is quite a story here.
I've got other interests.
siliconinvestor.com
To: Luddrick M. James Jr. (2643 )
From: Dave Gore Sunday, Mar 7 1999 2:01PM ET
Reply # of 6308
Luddick, et al: HERE IS THE PRESS RELEASE....when in doubt let's pull out the actual wording and facts. I'm afraid a couple of you are getting yours "facts" a little skewed.
What was said is that MRPS's unit is fifth GENERATION. When I spoke to Miles he said that the CTRL device was a copy (through reverse engineering) of MRPS's FIRST generation device of several years ago. Obviously it is not "competition". However if anyone is worried about that maybe you could track it down and see it CTRL's device was ever tested by GM, FORD, NASCAR, etc. I assume it was and was rejected.
If it was NOT tested by them, then nobody took the CRTL device seriously anyway
OK...........HERE IS A PORTION OF THE PRESS RELEASE
*****
"In addition to previously announced contracts, Microphonics is in negotiations with thirty-seven(37) major companies worldwide.
>>> Microphonics believes that units produced by its competitors including CTRL, do not produce the quality of the results of our current units, which have gone through five(5) generation changes.
In 1998, Microphonics issued approximately 1.4 million shares to an investment banking firm in connection with raising funds for the
company. The company does not believe the firm performed its obligations and an NASD arbitration proceeding is pending. Legal
action is also being pursued by Microphonics. The company believes all of theses shares have been sold.
Microphonics is in the midst of sustained growth that, we believe, will culminate into an extended period of profitability well into the
next decade."
CONTACT: Microphonics, Nashville
Myles Izikoff or Jimmy Gayle or Bud Thorpe,
615/871-4000
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