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.

Technology Stocks : MDTL - Medis Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Mahatmabenfoo who wrote (2)	6/6/2003 6:42:01 AM
From: Mahatmabenfoo	Respond to of 12

Dig this: MDTL was reporting cellscan sales in 1993!!! Actually it made an excuse for low sales -- the fact cellscan was being "improved"! FOUR years later in 1997 MDTL admitted only a total of 5 cellscan had EVER been sold (did it even sell that many? how many were returned?) but MDTL predicted "their objective... to top $100 million in sales within the next five years." Then in 2001 MDTL Lifton admitted cellscan just doesn't work, had NEVER worked. When will Lifton admit MDTL's fuel cell doesn't work? What I find instructive is how long MDTL will pretend a failed technology is viable -- and even try to sell it and "improve it" and make grand predictions about it. Yet after 11 years of sales and improvements and partners, MDTL doesn't even pretend to sell cellscan anymore. HINT: a company that lied for 11 years about cellscan cannot be believed as it "improves" and tries to finalize any other product. And that would be true even if cellscan was MDTL's only other failure -- but it's not (see supergreen battery, conductive polymer factory, toroidal engine, sterling air conditioner, desalination project, cryo surgery tool, etc. etc.). - Charles ======================== CELLSCAN 1993 (NASDAQ - MDSLF). Medis El attributed its wider losses to its research and development efforts and increased general and administrative expenses as the company continues to expand. Medis El expects its low sales to continue into the third quarter, as the company continues to shift production priorities and delays deliveries on orders of CellScan machines while they are upgraded with recent improvements. ================== CELLSCAN 1997 moit.gov.il Medis-El... their objective is to top $100 million in sales within the next five years. To date, 5 Cell Scans have been sold, and they have the capacity to build 2 units per month. ========= CELLSCAN in 2001 (Lifton speaks!) evworld.com 1 MDTL CEO LIFTON: So we started with the cell scan with breast cancer and we worked on that for a number of years with a lot of problems that we faced because there were...at the time there were a lot of uncertainties. It was like solving an equation with three unknowns. And that was a very, very difficult process and as it went on and as we were going forward it was clear that it was gonna be a longer process than I had thought originally. And so the choice then was either to throw up your hands or to figure out other things to do to provide reasons to make more investment in the company.

To: Mahatmabenfoo who wrote (2)	6/8/2003 9:55:17 PM
From: Mahatmabenfoo	Respond to of 12

MDTL history of failure Whatever you think of MDTL's prospects, you've got to measure them against the many times it has made specific predictions and promises, and FAILED. This is a partial list. - Charles ========================== 11 years, 12 products, many patents, many announced 'partnerships' and announcements of sales starting and about to start... BUT NO REVENUE and NOTHING TO SELL FUEL CELL -- SAGEM DEAL February 2001 The Agreement establishes specific program and technical milestones for the joint development effort with a goal of having a power pack product ready to market by the end of 2002. CANCER DETECTION AND SURGERY TOOL uscj.org MEDIS EL [Giza Investment Letter, June 1996] Medis El (NASDAQ:MDSLF), a small maker of cancer diagnostic equipment [made significant] product announcements relating to detection of prostate cancer, individualized chemotherapeutic treatment of cancer and detection of rheumatoid arthritis. The company also announced that it had filed for patents for a new compressor to create extreme cold for use in cryosurgery and possibly for removing facial growth. SUPERGREEN BATTERY stockhouse.ca September 2000 The Battery also utilizes the DLM fuel cell technology and is expected to last twice as long as current long-life AA batteries... As far as a commercialization date for its products, Lifton sees building a plant in Israel to manufacture the fuel cells in 2001 with delivery of product in 2002. CONDUCTIVE POLYMER FACTORY That June 2001 letter from MDTL is the one that also promises: we are on course in our plans to manufacture and market highly electrically conductive polymers. We expect our pilot plant to reach operational readiness in October of this year and to be producing and selling polymers starting at the end of this year. MAGIC MOTORS IN MORE THAN ONE SIZE! GOSH! (taken from MDTL webpage before I got MDTL to shut it down) Toroidal Engine Medis' toroidal engine is a donut-shaped internal combustion engine... expected to be 30-50% more efficient than existing internal combustion engines found in today's automobiles, as well as cheaper to manufacture. Offering 50-80 miles per gallon for auto use, it is expected to be the revolutionary engine replacement for automobiles, boats, or power generators. Medis believes that the patented engine will be more energy efficient than existing diesel engines... A smaller version, adapted for motorbikes, scooters, lawn mowers and other small engine-powered products and is planned to be introduced in the end of the first quarter of 2001. Development has started on a prototype 75-100 horsepower engine, enough to