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


To: Frank J. Zecha who wrote (348)5/28/1998 4:17:00 PM
From: Trumptown  Read Replies (1) | Respond to of 1364
 
Well, let's take a look at it:

its current 504 financing of $200,000 will be completed within the next ten days.

I'm sure the 504 and this run-up are 'engineered'. In other words the PR campaign should continue and further the price. This gets Rhombic the most for the 504 (most was to be tightly held, but I'm sure some of it is hitting the street). For similar reasons, the price should appreciate further after the 504 is placed.

a preliminary agreement to participate in a private placement that could raise as much as two million dollars for the treasury

Great! let's get this done! This is the longer term financing that is needed to make NUKE grow.

The objective of the larger financing is to immediately open the N and P type diamond facilities at Columbia, Missouri, where work would begin on integrated diamond circuitry

This will be big. According to Mr Owen, the doped diamond allows electrons to pass much faster as well as much hotter...ala! the reason the chips can be so much smaller.

final development of the diamond fly wheel battery

Cool! bonus points :)



To: Frank J. Zecha who wrote (348)5/30/1998 11:57:00 PM
From: CLK  Read Replies (1) | Respond to of 1364
 
Once these financings are in place and especially the larger one, the company should look very very different. They will no longer need to sell shares to pay the phone bills. In fact they will be quite strong for this stage in their development. The best thing and it has been said often is that the technology is so mind boggling. One wonders when some one with money will buy them out.