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Technology Stocks : Startech Environmental (STHK) -- Ignore unavailable to you. Want to Upgrade?


To: Henry who wrote (38)5/4/1998 8:32:00 PM
From: JohnO  Respond to of 61
 
STHK news release states the following:
WILTON, Conn., Dec. 22 /PRNewswire/ -- Startech Environmental Corp.
(OTC Bulletin Board: STHK), a fully reporting company, announced today that
the Startech Demil team received notice of the release of Phase One funding
for the U.S. Army Demil technology procurement. Phase One requires the team
to provide engineering, programmatic and technical data on its Demil
production processes, production rates and methodologies to replace
incineration.
I spoke with STHK and the monies released was $50,000.00 for this part of Phase One with the US Army.
For additional information concerning STHK visit their web site:
startech.net
I visited PLAS web site and found this statement under "The Market", "Exceptionally good Destruction and Removal Efficiency (DRE) results were obtained and, consequently, the Company is pursuing commercial opportunities in the demil program."
It appears STHK is part of a demi program while PLAS is pursuing commercial opportunities in the demil program.
PLAS and STHK both have the technology and neither of them have exclusive rights to North America. STHK has a deal with the US Army for the plasma based technology. Nothing in STHK web site mentions a patent.



To: Henry who wrote (38)5/5/1998 9:23:00 PM
From: UPYORZ  Respond to of 61
 
Henry, PLAS does not have the marketing rights to plasma, they have the marketing rights to the Parcon plasma unit.
But you are correct PLAS does have a tested unit and I have yet to see test results for the Startech unit.
I have this question,
If STHK has a contract with the Military in a market that could possibly be worth billions, then why is the stock price falling?
Thank you
Louis