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

To: dimtint who wrote (21482)	1/19/2018 3:23:37 PM
From: N. Dixon	4 Recommendations Recommended By aknahow herewecome2001 tinknocker worldcup1998 Respond to of 50246

Let's not let mgmt forget that IF they ever have earned cash to spend..... Periodically Harary has been asked what the business model for REFR is. His response is that it's a "royalty-collecting/dividend paying cash machine. Just as Saxe designed the company. You may lament what you consider a lack of progress or embellished expectations, but Saxe set it up so that the royalty is paid when the product is sold, thus giving REFR the largest royalty amount since it is the percentage of the wholesale cost of the ENTIRE product. Hence, aircraft windows = 150 per window, auto sunroofs = up to $250 per roof. But also that means our profits are tied to the timelines of our licensees and their customers. That is what has slowed our progress, not management. My grandfather (he adopted my mother and her 7 siblings when they were orphaned. His brother was my mother's dad and his wife was the sister of my mother's mother) put Mr. Libbey and Mr. Owen together. He was a dentist by profession but trusted by both men, who famously did not get along, to be the executors of their wills and oh yes... CEO of Libbey, Owens, which eventually became Libbey, Owens, Ford. That company was synonymous with auto glass. From Wikipedia: In 1928, Libbey-Owens was the first company to produce automotive laminated safety glass and won a contract to supply the Ford Motor Company with windshields for the Model A. Libbey-Owens merged with the Edward Ford Plate Glass Company in 1930 to form Libbey-Owens-Ford Glass Company. [1] His fortune continues to fund college for great-great-grandchildren. That is what REFR and the royalties from their licensees will do. It's dividends will be funding my heirs long after I am gone. To me it's something coming full circle. My family started the autoglass business and I happened to met Robert Saxe, whose SPD invention is the future of automotive glass. Very happily long. NDI

To: dimtint who wrote (21482)	1/20/2018 11:42:46 AM
From: JubilationT	1 Recommendation Recommended By tinknocker Respond to of 50246

Very nicely said. The "shorts" are professional traders and know what they are doing. They obviously knew that this SPD technology was years, if not, decades away from production. It seems that RFI did a very good job at convincing some to invest in this technology probably knowing themselves that utilization in a meaningful way would be years off. I think that history will vindicate RFI so how do investors as yourself and ND and others that funded the development keep the company from not forgetting how they got here?