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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (159043)10/22/2008 1:30:14 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
Friend just called and sid he thinks that the Middle East will own our Real Estate in 5 years. Then control the market.



To: Perspective who wrote (159043)10/22/2008 2:31:36 PM
From: patron_anejo_por_favorRespond to of 306849
 
They're an alt-energy company in to wind power. No revenues, prolly IPO'd and never got a chance to spend the booty yet.



To: Perspective who wrote (159043)10/22/2008 3:40:20 PM
From: Smiling BobRead Replies (2) | Respond to of 306849
 
Some revenues
Patron was right
Raised 100 mil last year in IPO
Thomas Meaney may also be the same guy with MKRS.OB. They're working with Navy as well.
Good find
If I had any profits to reinvest from ANYTHING, this would work.
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In June 2007, we received a $1.7 million contract from the US Navy to provide our PowerBuoy technology to a unique program for ocean data gathering. Under this 18-month program, the Navy will conduct an ocean test of our autonomous PowerBuoy as the power source for the Navy’s Deep Water Acoustic Detection System.

We were incorporated under the laws of the State of New Jersey in April 1984 and began commercial operations in 1994. On April 23, 2007, we reincorporated in Delaware. Our principal executive offices are located at 1590 Reed Road, Pennington, New Jersey 08534, and our telephone number is (609) 730-0400. Our website address is www.oceanpowertechnologies.com. The information on our website is not a part of this Annual Report. Our common stock has been listed on the AIM market of the London Stock Exchange plc since October 2003 and on the NASDAQ Global Market since April 24, 2007, the date on which we commenced our initial public offering in the

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United States. In that offering, we sold 5,000,000 shares of our common stock at a price to the public of $20.00 per share