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Technology Stocks : Research Frontiers (REFR) -- Ignore unavailable to you. Want to Upgrade?


To: N. Dixon who wrote (1967)12/20/2001 6:02:43 PM
From: Bridge Player  Read Replies (1) | Respond to of 50280
 
Perhaps Harary and REFR would be willing to address the specific charge made in this PR by Ascensio:

"On November 5, 2001 a release titled "TTF Aerospace Teams with InspecTech to Offer SPD Equipped Armored Cockpit Doors" was distributed to investors. The release
supposedly concerned a potential use for Research Frontiers Incorporated's (Nasdaq: REFR chart, msgs) (Price:$17.09) SPD film. On November 17, 2001 Tim Morgan, the
managing principal of TTF Aerospace, LLC ("TTF") wrote to InspecTech stating that he believed that the press release was misleading to the industry and the public at
large. Mr. Morgan wrote that there are quotes attributed to him that he never made to InspecTech or anyone else. TTF's letter states that there is no Memorandum of
Understanding or other agreement linking InspecTech and TTF. Further, the letter states that InspecTech has not shown proof of performance and reliability and that
InspecTech has provided no product or proprietary information to TTF. Finally, the release falsely shows TTF to be the source. All this raises our suspicions about REFR's
intentions. This is only the latest questionable investor representation used in REFR's stock promotion. "