SI
SI
discoversearch

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.
Microcap & Penny Stocks : RHOMBIC CORP.(NUKE.Nasdaq BB) Daimler Benz Aerospace JV -- Ignore unavailable to you. Want to Upgrade?


To: Trumptown who wrote (340)5/28/1998 11:20:00 AM
From: Trumptown  Read Replies (1) | Respond to of 1364
 
For any newcomers to this thread, I recommend reading the next several parts from a NEW newsletter writer (Kathy Knight-McConnell)...

Rhombic Corporation
Symbol: NUKE
Exchange: OTC:BB
Shares outstanding: 12,394,000
Restricted shares: 9,894,000
Float: 2,500,000 (3,500,000 when private placement is completed)
Shorts: Estimated at around 2 million by Mike Skerry
Market Makers: FRAN, HRZG, PGON, SHRP, HILL, GVRC, NAIB, WEIN

Incorporation took place in the state of Nevada on February 26, 1987, by the
predecessor company which was acquired by Rhombic Corporation on November
21, 1994.

According to Mike Skerry an in-house private placement of from one to three million
float shares with some offshore investos is being negotiated for up to $1 million. On
May 15, 1998-- Rhombic Corporation announced that the company is completing a
$200,000 financing. News may be out as early as today!!! They hope to be fully
reporting in 60-90 days as a step toward full listing on the AMEX. They also expect
to report positive earnings of .05 to .10, for the 3rd quarter which begins in July 1998.

In March 1998, Bruce Baron aggressively recommended purchase of Rhombic
Corporation in his newsletter, PERCEPTION INVESTING. His one-year target
price is $10.00 per share, with a $30.00 price target for two-years. Baron estimated,
Rhombic should earn $1.00 per share in 1998. Projected earnings in 1998 (according
to company) for P type diamond film and diamond grit is estimated at $9.5 million and
$5 million for the IEC technology add up to projected earnings of $14.5 million in
fiscal 1998.



To: Trumptown who wrote (340)5/28/1998 11:26:00 AM
From: Trumptown  Respond to of 1364
 
Part 3:

Other Practical Applications for IEC Technology
Experimentation with fusion at university laboratories Analysis of mineral quality in
the coal, cement and similar industries Exploration for minerals and oil Detection of
non-metallic antipersonnel mines (land mines) Combustion and gasification
Generation of electrical energy Detection of contraband at airports, bus stops, train
stations and similar areas

Until now neutrons have been extremely dangerous and difficult to generate and
required the use of a nuclear reactor or a high powered particle accelerator to do the
job and neutron analysis could only take place by utilizing the expert facilities of a very
few specialised laboratories. The IEC unit produces neutrons more cheaply and safely
than existing methods.

Through Rhombic's wholly owned subsidiary, Rockford Technology Associates, the
University of Illinois has licensed the technology to Daimler-Benz Aerospace (DASA)
of Trauen, Germany, for which Daimler-Benz will pay a 3.2% royalty to Rhombic
Corp. For the rights to develop, manufacture, and market the IEC technology to the
world. This agreement provides Rhombic with a long-term royalty on all IEC sales in
Europe, Asia, Africa, South America, Australia, and New Zealand in the amount of
3.2% for each unit sold. Rhombic is estimating that they will receive $5 million in
royalties over the next 12 months (which does not include the much larger prospective
income from Rhombic's marketing rights in North America). The first units are
expected to ship from Trauen in June 1998. The IEC units will be sold, depending on
size and use, for between $60,000 and $150,000 each - a mere fraction of the cost of
the nuclear reactors or particle accelerators now being used to produce neutron
beams. Rhombic Corp. will retain all rights throughout North America and will be
actively pursuing the sale of those rights.

According to John Sved, an engineer with Daimler-Benz Aerospace, the IEC units are
safe and easy to use which gives them an edge over other well established neutron
sources. The neutron generating sources in use now contain radioactive gases such as
Californium and have a risk of contamination from radioactive isotopes. With the IEC
unit customers can avoid these risks because they are fueled by harmless deuterium,
and the only waste is helium-3 gas, a hint of hydrogen and negligible traces of
radioactive tritium. "A small IEC neutron generator could run for decades without
creating enough radioactive waste to exceed minimum regulated levels," Sved says.
"The machine could be completely consumed in a fire and there would be virtually no
concern about escaping radiation." Daimler-Benz plans to remove the tritium from the
spheres safely each time they are recharged with fresh deuterium.



To: Trumptown who wrote (340)5/28/1998 11:27:00 AM
From: Trumptown  Read Replies (1) | Respond to of 1364
 
Part 4:

Forced Diffusion Diamond Process
Rhombic Corporation holds Patent #5,597,762, covering the "Forced Diffusion"
diamond technology and which was issued January 28th, 1997. The United States
Patent Office received Rhombic's diamond patent application September 27th, 1994.

Rhombic Corporation's doped negative type (N-type) diamond technology, often
referred to as forced diffusion, has been successfully etched in a former Soviet
Republic laboratory to create two functional integrated circuits. This breakthrough by
Rhombic in successfully diffusing different elements into diamond film produces a
diamond with electronic properties greatly superior to those of silicon, the material
now used to make computer chips. This proprietary technology is theoretically so
powerful that a computer chip now one inch square can conceivably be reproduced on
the head of a pin, and operate hundreds of times faster than silicon. In addition, such
N-type films are considerably more resistant to heat and radiation than silicon,
extending indefinitely the life of electronic circuitry. This means not only ultra fast
integrated circuits and chips, but also diamond diodes and switches, resulting in a
complete revolution of today's computers. This is cutting edge, and projected by the
company to be ready to go in 6 - 8 months.

This technology will have a broad impact on the existing diamond film market,
currently about $100 million and growing at a projected rate of 10 percent per year.
Applications range from computer and TV screens to diamond tools and coatings for
high-fidelity speakers. The total market for cutting tools worldwide in 1991 was $250
million, of which $102 million was diamond material. The projected sales of diamond
electronics, currently about $6 million a year,is expected to reach $500 million by the
year 2000. This market is by far the most dynamic in the diamond film industry.

Rhombic Corporation has established ties with an International company, and is
working on an agreement to dope white mined diamond with boron to see if the
properties of the more economical white diamond can be modified to match that of
mined blue diamond. In addition, Rhombic is pursuing agreements with other
companies to develop applications based on material modification by the addition of
impurities. The market for boron-doped diamond film for the first year is projected to
be in excess of $30 million, with markets exploited by Drukker, DeBeers of Europe,
and Norton Diamond of the United States.

Nanophase diamond powders are a new material that was developed for the Russian
military program. It is a diamond powder made up of very small pieces of diamond
with a narrow distribution of sizes about four nanometers in diameter. Rhombic is
developing a process to press and bind the nanophase diamond powder to form a
hard material. The forced diffusion process can change the mechanical properties of
diamond grit by boron doping, making the grit 10 to 15 percent harder than ordinary
diamond grit. The market for diamond grit is approximately $70 million a year.

With the release of the Patent "Field Enhanced Diffusion Using Optical Activation",
Rhombic Corporation is preparing to establish its first manufacturing/laboratory site at
Columbia, Missouri, to produce Positive (P) type diamond film, and to finalize the
development of Negative (N) type diamond.



To: Trumptown who wrote (340)5/28/1998 11:30:00 AM
From: Trumptown  Read Replies (1) | Respond to of 1364
 
Part 5:

By diffusing certain elements into the diamond interstices, Rhombic has already created
a number of integrated N-type diamond circuits, and has immediate plans to produce
diamond diodes and switches. Diamond is unique among all materials since it is both
heat and radiation resistant, and is so electrically conductive that diamond chip speed
is potentially a thousand times faster than silicon. Harder cutting tools and abrasives,
diamond tv screens and computer monitors, sensors, bearings and radar are among a
number of potential applications of doped diamond which Rhombic Corporation will
be developing.

The Nuclear Battery
The nuclear battery, owned 100% by Rhombic Corporation, produces energy from
the breakdown of unstable isotopes of a number of basic elements such as Krypton,
Strontium, and Cesium. The battery's single purpose is to provide a generation or
more of constant energy for both manned and unmanned space flights to nearby
planets and eventually outer space.

Diamond Flywheel Battery
In May 1997, Rhombic Corporation acquired a method for storing large amounts of
electrical energy for both portable and fixed applications. The acquisition, named "The
Diamond Electromechanical Battery" with a patent application in Germany, is a
specialized variation of the high-velocity flywheel technology for its first-time use of
diamond layers as a flywheel reinforcement. Rhombic was selected to develop the
diamond flywheel battery by a team of German and American inventors because of the
company's intensive involvement in forced diffusion.