Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Microcap & Penny Stocks : DCH Technologies (DCH) -- Ignore unavailable to you. Want to Upgrade?

To: Scoobah who wrote (2051)	10/4/1999 9:46:00 AM
From: Scoobah	Respond to of 2513

It looks like DCHT received a $ 1,200,000 payment over 2 years from the Dept. of Energy to develop the PEM Fuel Cell that they didn't announce publicly. Found in the Form 10. DCH commenced development of the PEM fuel cell technology with LANL in March 1999, pursuant to a CRADA (the "LANL CRADA"). Under the LANL CRADA, DCH has provided a business plan and product definition for commercialization of the technology, while LANL continues development efforts for 50W and 300W fuel cells based on the technology. The LANL CRADA for the PEM fuel cell technology expires in October 2000 and contemplates aggregate development expenditures (in cash and in-kind) of $1,200,000.