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Technology Stocks : Turbodyne Technologies Inc. (TRBDF) -- Ignore unavailable to you. Want to Upgrade?

To: DJRoss who wrote (1540)	8/5/1998 4:45:00 PM
From: Q.	Read Replies (1) \| Respond to of 3458

Doug, I'd like to know how their cash position increased, too. They say it is $12 M. Well, it stood at about $2.5 M at the end of March, and they were losing $4 M per quarter. Surely they must have done a dilutive private placement. Unless the money fell out of the sky, a private placement is the only way it could have happened. And considering their cash liquidity situation and previous financing practices, it was probably a discounted convertible. But they never announced it. There are no SEC filings or news releases that I could find disclosing a private placement. If this had been a US co., they would have been compelled to file a disclosure. This failure to disclose means shareholders have no idea how much dilution they've taken on. And that comes after a monumental amount of dilution over the last year or so, with shares out doubling from 3/97 to 3/98. Just call this one "TurboDylution".

To: DJRoss who wrote (1540)	8/6/1998 7:49:00 PM
From: RockyBalboa	Read Replies (3) \| Respond to of 3458

Hi Dug, something from German newspapers! brokersworld.consors.de Then goto "8. Technologie Werte" lots of talk, sometimes interesting news posts. (Consors is a German Online Broker) ----------------------------------- Turbodyne: Vorwrfe berechtigt -2 FRANKFURT (AFX-TD) Richard K”bberling, Sprecher von MAN , nannte am Donnerstag Behauptungen von Turbodyne USA, wonach MAN zu den Kunden geh”re, einen "Riesen-Bluff" und "heiáe Luft". Sein Unternehmen fhre nur das durch, was jeder Motoren-Hersteller tue: MAN habe sich die elektrisch betriebenen Turbolader gekauft und teste sie derzeit. Dies bedeute aber keinesfalls, daá ein Auftrag erteilt werde. Ob dies geschehe, sei noch nicht klar, falls berhaupt werde darber allenfalls nach dem Jahr 2000 entschieden. Auch bei Volkswagen ergab sich ein „hnliches Bild. Fred B„rbock aus der Kommunikationsabteilung verneinte am Donnerstag auf Teledata-Anfrage kategorisch jeden Kontakt mit dem Unternehmen: "Turbodyne ist uns unbekannt", sagte er. Es gebe zwischen Volkswagen und Turbodyne "keine gesch„ftlichen Beziehungen und vertraglichen Vereinbarungen", bekr„ftigte B„rbock. Dies betreffe sowohl Forschung als auch Zulieferung. šber m”gliche Tests sei ihm nichts bekannt. Die Auflistung von Volkswagen auf der Web-Site nannte der Sprecher "nicht korrekt". Daimler-Benz hatte bereits am Mittwoch jegliche Kooperation mit Turbodyne dementiert. Der Konzern habe wohl von den Turbodyne-Produkten geh”rt und sie sich angeschaut, erl„uterte ein Sprecher. In diesem Fall von einer Zusammenarbeit zu sprechen, so Daimler Benz, sei aber "sehr weit hergeholt"./cs/fl/nb (06.08.98 / 16:40) Horrible AltaVista English (I was too lazy) Turbodyne: Reproaches entitled -2 FRANKFURT (AFX-TD) Richard Koebberling, speaker of MAN (ONES),... called on Thursday statements of Turbodyne (the) USA, according to which MAN (ONE) belonged to the customers, one " giant-bluffs " and "hot air" is called. Its enterprise does (executes) only, which does (to) each engine manufacturer: MAN (ONE) bought the electrically operated turbochargers (and) to test it at present. This does not mean however under any circumstances that a job is given. Whether this occurs, is not clear yet, if at all decided on it if necessary after the year 2000. Also with Volkswagen(s) a similar picture resulted. Fred B„rbock (bear support) from the communication department answered each contact in the negative with the enterprise on Thursday on Teledata inquiry categorically: " Turbodyne is unknown to us ",he said (it).It gives no business relations and contractual declarations/agreements " between Volkswagens and Turbodyne ", affirmed B„rbock. This concerns both research and supply. Over possible tests it nothing is well-known. The listing of Volkswagens on the (Turbodyne) Web Site did not call the speaker " correctly ". Daimler Benz had already disclaimed any co-operation with Turbodyne on Wednesday. The company heard probably of the Turbodyne products and it looked at, (described themselves) outlined a speaker. In this case of a co-operation to speak, so Daimler Benz, is however " very far hergeholt " [i.e. very far away]./cs/fl/nb (06,08,98 / 16:40) (Corrections applied, brackets around words unnecessary) I laughed at the AltaVista translation of the German Name "B„rbock" which was translated successfully into "bear support". VW (Volkswagen) [VOWG.DE] is a big german Carmaker as is Daimler Benz [DAIG.DE, DAI.N], MAN AG is a maker of buses and lorries. All 3 are listed in Frankfurt Stock Exchange and the german bluechips. The germans are now even more negative on TRBD, although there is much tout around, still, but carrying banners: Hey this is a unpaid stock tout!" :-) Janssen Meyers did good job on their first day working TRBD (Or are they on holidays on the Bahamas, still). Finally stock hovered bits over nine, so it's a good entry point, again. Christian