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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: N. Dixon who wrote (10250)10/3/2005 5:11:16 PM
From: inchingup  Respond to of 10293
 
There can be no Gen 2 film:
by: gschrimp 10/03/05 04:50 pm
Msg: 202932 of 202933

Why? Simply because REFR never had an independent verification of the characteristics of its supposed Gen 1 film.

It is so easy to see through the deception perpetrated on investors by Harary and Saxe.

Any one believing anything coming out of Woodbury or one of its licensees would have to be a complete moron.

Todays release was the SOS as past releases using "working with" clones as its entree:

"We have been "working" closely "with" other licensees of Research Frontiers as well as directly with our customers in the automotive industry on various projects incorporating SPD-Smart glass which we market under the trademark ChromaLite(TM). We also have been "working to introduce" other SPD product applications into the architectural and marine glass markets, because we see SPD technology having great potential there as well."

In other words, Isoclima has not a single customer for supposed Gen 2 SPD. This is the same verbage as REFR used in conjunction with the THV film roll-out.

I am truly sorry I was absent and missed REFR at over $5 today. I would have loved to have shorted the livin' shit out of it.




To: N. Dixon who wrote (10250)4/7/2006 9:09:06 AM
From: StockDung  Respond to of 10293
 
How does a 41-year-old loser like REFR qualify as a going-concern?
April 7, 2006

Research Frontiers Incorporated (NASDAQ: REFR, $4.81) has had 41 years of uninterrupted losses since its inception in 1965. As of December 31, 2005 REFR had $3.6 million in cash. In 2005 REFR had expenses of over $4 million. Clearly, there is a likelihood that REFR may finally run out of money after over four decades of promoting a product that has never been commercially successful.

Yet on March 3, 2006 the Melville, New York office of accounting firm BDO Seidman ("BDO") executed and issued an opinion on REFR's financial statements that did not include a "going-concern" qualification.

BDO stated that they were not "engaged to perform an audit of (REFR) internal control over financial reporting." The real question is why BDO turned a blind eye to REFR's combination of highly irregular and questionable stock promotion and excessive management compensation.

BDO also did not address REFR's serious financial problems, including minimal cash and cash equivalents, mounting expenses and no viable source of revenue.

asensio.com reports are published and distributed solely and exclusively to registered asensio.com subscribers who have read and agreed to the MandatoryUserAgreement located at target="_blank">http://www.asensio.com/TermsOfUse.aspx. This Mandatory User Agreement is included herein in its entirety by reference thereto and by notice of its availability.

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To: N. Dixon who wrote (10250)4/7/2006 9:13:08 AM
From: StockDung  Respond to of 10293
 
WOW TIM, A TOUT SERVICE THAT IS PAID $2,000 TO WRITE A TOUT REPORT. WHERE IS THE DISCLAIMER IN THAT PIECE YOU POSTED?



To: N. Dixon who wrote (10250)4/7/2006 10:36:24 AM
From: StockDung  Read Replies (2) | Respond to of 10293
 
Is REFR's 41-year-old stock promotion finally finished?
April 7, 2006

Believe it or not, Research Frontiers Incorporated (NASDAQ: REFR, $4.81) has been selling stock based on the same promise since 1965. REFR's promoters have gotten rich while investors have gotten 41 years of uninterrupted losses. Could it finally be coming to an end?

REFR has been claiming it will make millions selling its glass. Yes that's right: glass. REFR promoted the idea that if it could capture just one percent of the glass market, REFR would earn $100 million to $200 million annually in royalties. After 41 years of making the same glass promise, REFR's licensing fee income was $138,742 in 2005.

REFR had just $3.5 million left in the bank as of December 31, 2005 and had over $4 million in expenses last year. Hopefully, investors have learned their lesson and none will even consider giving REFR a single red cent.

An individual who has made a lot of money from REFR's long history of successive stock promotion and losses is Bob Saxe, REFR's Chairman since 1965. Mr. Saxe, and his long-time cohort Joseph M. Harary, unlike the average REFR investor, have done very well on their REFR dealings.

During the five year period from 1999 to 2004, Mr. Saxe squeezed in excess of $3,000,000 in salary and bonus not including grants of stock options and warrants also included in his executive compensation, while Mr. Harary made in excess of $2,700,000 not including stock options and warrants that were included in his compensation package.

REFR's executive compensation for 2005 has not yet been publicly disclosed, but if Mr. Saxe's and Mr. Harary's past salary is any indication, 2005 was probably another great salary year for both. Of course, all of Mr. Saxe's and Mr. Harary's compensation was funded by stock sales.

Can you think of any other venture that sucked up investors' money for over 40 of the most economically prosperous years in mankind's history and never had a single commercial success? It could only happen in Woodbury, New York.

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