Last Co Update On the WWW- Thanks to Kathy Knight-McConnell :
Date: Mon, 16 Aug 1999 22:21:22 -0700
To: (Recipient list suppressed)
From: Rhombic Corporation <info@rhombic.com>
Subject: Rhombic Corporation Receives Newsletter Coverage
Dear Investor,
Katherine Knight-McConnell, investortoinvestor.com , gives complete detailed coverage of Rhombic Corporation, including the company's exciting past accomplishments and the company's current business plans. Included are opinions from such prominent business leaders as Daimler- Chrysler Aerospace (DASA) on the company's cutting-edge technology.
Katherine Knight-McConnell covers:
Rhombic Corporation
Symbol: NUKE
Exchange: OTC:BB
Suite 901, 1212 Howe Street
Vancover, BC V6Z 2M9
Ph: (604) 683-4864
Fax: (604) 683-4814
email: rhombic@direct.ca
internet: www.rhombic.com
Shares outstanding: 29,000,000
Restricted shares: 21,000,000
Float: 8,000,000
Market Makers: DLCR, FRAN, HILL, MASH, MHMY, NAIB, NATC, NITE, OLIE, PBLC,
PGON, SHRP, SOLA, USCT, WDCO, WEIN
Certified Public Accountants: King and Weber, Phoenix, Arizona, USA.
Transfer Agent: Nevada Agency & Trust Company, Reno, Nevada, USA.
Investor Relations: Mike Skerry
tel: (604) 421-5543
fax: (604) 421-5532
toll free: (888) 821-6607
Incorporation took place in the state of Nevada on February 26, 1987, by the
predecessor company which was acquired by Rhombic Corporation on November 21,
1994.
Directors and Officers
Wm. Larry Owen - President, received a Bachelor of Arts degree from
Pepperdine University of California, and Masters of Education degree from the
University of Southern California. After moving to Canada in 1963, Mr. Owen
was a founder of the New World Jade Company, and later President of
International Phasor Telecom, a leading computer security firm during 1982 to
1985.
Robert Krushnisky - CEO and Director, senior partner of International Laser
Games, a coin operated firm with outlets throughout British Columbia. Mr.
Krushnisky served as past President of Rockford Technology Corp. which owns
diamond film technologies. Mr. Krushnisky is a graduate of the US
International University at San Diego. with a Bachelor of Arts in Science,
Business and Commerce.
Albert Golusin - CFO and Director, is a Certified Public Accountant in
Phoenix, AZ., a graduated from Brigham Young University in 1978 Mr Golusin
worked for the international accounting firm of Grant Thornton & Company from
1979 - 1981 and Kenneth Leventhal & Company between 1983 - 84. He has also
served as controller for Glenayre Electronics, a NASDAQ company, from 1984 -
1991. Since 1992 Mr Golusin has been in private practice as an accounting
consultant to public companies.
Stanley Porayko - Director and Secretary, is currently a rancher from
Alberta. Formerly a founder of the huge jade deposit on Ogden Mountain,
British Columbia, and mining. director of Yugold Mines.
Patent Scientists & Professional Consultants
Mark Heeres - Consultant on Forced Diamond Diffusion Project
Professor Heinrich Hora - Nuclear/Nuclid Battery and Diamond Flywheel Battery
Vladimir Fortov, physicist, researcher - Nuclear/Nuclid Battery
Mark Antonio Prelas - Forced Diffusion Technology and Diamond Flywheel Battery
Dr. George Miley - University of Illinois: Inertial Electrostatic Confinement
Tech
Prof. Dr. Reinhard Hopfl - Nuclear/Nuclid Battery
Professor Vladimir Yurievich Baranov - Forced Diamond Diffusion
Dr. Alexander Pal - Nuclear/Nuclid Battery
Galina Popovici, PHD - Forced Diamond Diffusion
Li-Te Steven Lin, PHD - Forced Diamond Diffusion
Talun Jeff Sung, MS in Nuclear Engineering - Forced Diamond Fusion
Peter Weicker, Software Developer - Rhostar.com, Rhombic Explorer and FaxKey
Rhombic Corporation is a company engaged in the business of seeking and
acquiring proprietary technologies with applications greater than $100
million, with the objective of incubating them, and then bringing them to
commercialization. Rhombic scientists have developed several ground-breaking,
unique technologies.
Inertial Electrostatic Confinement Fusion Technology (IEC)
Dr. George Miley, who is a professor of nuclear, electrical and computer
engineering at the University of Illinois, has patented a neutron generator
(a fusion machine), currently in commercial production through an agreement
with Daimler-Chrysler Aerospace, which unlike any other fusion machine, is
small enough to sit on a desktop, can be switched on and off at will, and
which produces extremely minute amounts of radioactive waste. It is a small
metallic football shaped sphere and it's primary purpose is not to make
energy but to generate neutrons. Billions of them a second. Neutrons are
subatomic particles with no electric charge that have an extraordinary range
of uses such as: 1) To analyze materials, neutrons can be used to identify
most common elements in a matter of seconds versus chemical analysis which
can take hours 2) Neutrons help scientists to work out the structure of new
molecules and crystals 3) Neutron particle beams are being used for cancer
treatment and I have been told that the IEC unit has now surpassed 10^9 power
neutrons per second, which is powerful enough for that purpose 4) Mining
companies can use the neutron generator to spot impurities in ores while
still in the process of being mined 5) Specialized metal smelters will use
them to monitor the composition and quality of metal alloys in real time.
Other Practical Applications for IEC Technology
•Experimentation with fusion at university laboratories •Analysis of mineral
quality in the coal, cement and similar industries •Exploration for minerals
and oil •Detection of non-metallic antipersonnel mines (land mines)
•Combustion and gasification •Generation of electrical energy •Detection of
contraband at airports, bus stops, train stations and similar areas
Until now neutrons have been extremely dangerous and difficult to generate
and required the use of a nuclear reactor or a high powered particle
accelerator to do the job and neutron analysis could only take place by
utilizing the expert facilities of a very few specialized laboratories. The
IEC unit produces neutrons more cheaply and safely than existing methods.
According to John Sved, an engineer with Daimler-Chrysler Aerospace, the IEC
units are safe and easy to use which gives them an edge over other well
established neutron sources. The neutron generating sources in use now
contain radioactive gases such as Californium and have a risk of
contamination from radioactive isotopes. With the IEC unit customers can
avoid these risks because they are fueled by harmless deuterium, and the only
waste is helium-3 gas, a hint of hydrogen and negligible traces of
radioactive tritium. "A small IEC neutron generator could run for decades
without creating enough radioactive waste to exceed minimum regulated
levels," Sved says. "The machine could be completely consumed in a fire and
there would be virtually no concern about escaping radiation." Daimler-Benz
(Chrysler) plans to remove the tritium from the spheres safely each time they
are recharged with fresh deuterium.
Through Rhombic's wholly owned subsidiary, Rockford Technology Associates,
the University of Illinois has licensed the technology to Daimler-Chrysler
Aerospace (DASA) of Trauen, Germany, for which Daimler-Chrysler will pay a ...deleted some....
fraction of the cost of the nuclear reactors or particle accelerators now
being used to produce neutron beams. Rhombic Corp. will retain all rights
throughout North America and will be actively pursuing the sale of those
rights.
A milestone has been achieved in that shipments of the IEC FusionStar have
begun and the first payment of royalties has been received.
Special Update - On May 20, 1999, Rhombic announced that it had received its
first annual report in accordance with the 1996 license agreement between
Daimler- Chrysler Aerospace (DASA), the University of Illinois, and its
wholly owned subsidiary Rockford Technologies (RTA).Highlights of the report
produced by DASA's new FusionStar unit includes development of the inertial
electrostatic confinement device (IEC) as a point source neutron generator to
the commercial stage.
Market interest for the IEC neutron generators continues. Presentation and
test site demonstrations have been made to a number of prospective original
equipment manufacturer customers. The applications of the IEC demonstrations
included ON-LINE MINERAL ANALYSIS, SECURITY INSPECTION SYSTEMS, and LAND MINE
DETECTION. In all cases, the prospective customers responded with technical
requirements.
The technical collaboration continues between the University of Illinois
Fusion Studies Laboratory and DASA FusionStar. The goal is to scale up the
fundamental research support and to enlarge the FusionStar development team.
IEC may be further developed for: * An optical gas mixture that provides
higher neutron energy and flux. * A pulsed neutron generator that provides
higher neutron flux and pulsed mode operation. * The line source chamber that
will be pulsed
Forced Diffusion Diamond Process
Rhombic Corporation holds Patent #5,597,762, covering the "Forced Diffusion"
diamond technology and which was issued January 28th, 1997. The United States
Patent Office received Rhombic's diamond patent application September 27th,
1994.
Rhombic Corporation's doped negative type (N-type) diamond technology, often
referred to as forced diffusion, has been successfully etched in a former
Soviet Republic laboratory to create two functional integrated circuits. This
breakthrough by Rhombic in successfully diffusing different elements into
diamond film produces a diamond with electronic properties greatly superior
to those of silicon, the material now used to make computer chips. This
proprietary technology is theoretically so powerful that a computer chip can
operate hundreds of times faster than silicon. In addition, such N-type films
are considerably more resistant to heat and radiation than silicon, extending
indefinitely the life of electronic circuitry. This means not only ultra
fast integrated circuits and chips, but also diamond diodes and switches,
resulting in a complete revolution of today's computers.
This technology will have a broad impact on the existing diamond film market,
currently about $100 million and growing at a projected rate of 10 percent
per year. Applications range from computer and TV screens to diamond tools
and coatings for high-fidelity speakers. The total market for cutting tools
worldwide in 1991 was $250 million, of which $102 million was diamond
material. The projected sales of diamond electronics, currently about $6
million a year, is expected to reach $500 million by the year 2000. This
market is by far the most dynamic in the diamond film industry.
Rhombic Corporation has established ties with an International company, and
is working on an agreement to dope white mined diamond with boron to see if
the properties of the more economical white diamond can be modified to match
that of mined blue diamond. In addition, Rhombic is pursuing agreements with
other companies to develop applications based on material modification by the
addition of impurities. The market for boron-doped diamond film for the first
year is projected to be in excess of $30 million, with markets exploited by
Drunker, DeBeers of Europe, and Norton Diamond of the United States.
Nanophase diamond powders are a new material that was developed for the
Russian military program. It is a diamond powder made up of very small pieces
of diamond with a narrow distribution of sizes about four nanometers in
diameter. Rhombic is developing a process to press and bind the nanophase
diamond powder to form a hard material. The forced diffusion process can
change the mechanical properties of diamond grit by boron doping, making the
grit 10 to 15 percent harder than ordinary diamond grit. The market for
diamond grit is approximately $70 million a year.
With the release of the Patent "Field Enhanced Diffusion Using Optical
Activation", Rhombic Corporation is preparing to establish its first
manufacturing/laboratory site at Columbia, Missouri, to produce Positive (P)
type diamond film, and to finalize the development of Negative (N) type
diamond.
By diffusing certain elements into the diamond interstices, Rhombic has
already created a number of integrated N-type diamond circuits, and has
immediate plans to produce diamond diodes and switches. Diamond is unique
among all materials since it is both heat and radiation resistant, and is so
electrically conductive that diamond chip speed is potentially a thousand
times faster than silicon. Harder cutting tools and abrasives, diamond tv
screens and computer monitors, sensors, bearings and radar are among a number
of potential applications of doped diamond which Rhombic Corporation will be
developing.
Special Update:
On July 27, 1999, Rhombic Corporation announced that a third proposal has
been accepted from the University of Missouri at Columbia that uses the
company's "Forced Diffusion" technology to produce a quality line of colored
diamonds for the rapidly growing high-end accessory market. The "Forced
Diffusion" process will be used to change ordinary colorless white diamonds
into beautiful and valued shades of pink, orange, blue, and green and
possibly the very rare red. The color changes to these diamonds will be
virtually undetectable from natural colored diamonds. Colored diamonds, known
as fancies, are valued for their depth of color, just as white diamonds are
valued for their lack of color.
The company's initial 1996 experimental work in altering color in diamonds
was successful in producing diamonds in a color range of range to carnation.
In the same year the figure for annual retail sales of colored gemstone
jewelry was estimated at $10 billion while the world jewelry market is
estimated to be between $50 and $60 billion according to Cheryl Kremkow,
Director of International Colored Gemstone Association Gembureau. Plans for
implementation and development of the new project are scheduled to commence
on September 1, 1999.
Since the color change will be used to enhance natural diamonds, the "Forced
Diffusion" process will produce colored diamonds with the same properties;
physical, optical, chemical, brilliance, and fire of a natural diamond unlike
moissanite or cubic zirconia that are only simulants containing a different
chemistry, different optical properties, etc.
June 28, 1999, Rhombic Corporation announced that the company has accepted a
second proposal from the University of Missouri to participate in a joint
research plan to develop doped diamond electrodes and undoped diamond film
for the hydrogen fuel cell market.
The doped diamond electrodes will be non-corrosive with the unique features
of excellent thermal, chemical, and electrical conductive properties. The use
of boron doped diamond film in the development of these electrodes will add
efficiency to hydrogen fuel cells now being produced for automobiles, buses,
and trucks. Work on this project also is expected to begin on September 1,
1999.
End of the Start..
Chucka
|
