SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Pinnacle Oil International - PSFD (SFD Technology)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dilution who wrote ()4/27/1999 10:33:00 AM
From: Dilution   of 51
 
Repost: Pinnacle Oil's SFD technology and Momentum

Zeev, it really is not that strange a business set up. It totally protects the SFD technology from a takeover since Pinnacle is a public vehicle. You never know what might happen down the road with a public company. Now the founders will always retain the technology for other uses other than hydrocarbon detection. For example, water detection. The SFD finds structure and tells whether it contains water or hydrocarbons. Being able to find water in the future could be worth a lot to Momentum. (the SFD can not tell the difference between salt and fresh water so don't be the first to drink it!)

I talked with the Stephens directors after they did their deal and they said they had they been advising the company they (Stephens) would have set it up just like they did. I figure they are smarter than me so that was good enough for me at the time.

Regarding your desire to know what the technology is, again, try and get the form 10-12 nasdaq filing. There are several pages to wet your curiosity.

-Dilution
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext