To: Mark Shaw who wrote (2878 ) 9/18/1998 10:12:00 PM From: Gerald Thomas Read Replies (1) | Respond to of 3448
Tiny ...yes...but it may get their sub-cooler out the door... also noticed a connection to rotary engines modified with natural gas...Too bad there isn't a way to get a superconducting electric engine in a vehicle... By the year 2040 they should be solid (:... seriously they will definately have a solid growth period before their superconducting stuff comes out which is good... This rotary engine part interests me... Rotary Power Enterprise, Inc. - The Company has agreed to acquire 100% of Rotary Power Enterprise, Inc. for stock. Rotary Power Enterprise, Inc. recently signed an Agreement to acquire the Natural Gas Engine Business assets of Rotary Power International, Inc. (RPI) (OTC BB: RPII). The entire right, title and interest in and to RPI's Rotary Power Natural Gas and Propane Engine Business includes the intellectual property, licenses, contracts, inventory and manufacturing capability for the 65 Series Natural Gas and Propane Fueled Engines. Included are exclusive agreements with Mazda Motor Corporation and Hussmann International, Inc). PowerCold owns approximately thirty per cent (30%) equity interest in RPI, which manufactures and markets rotary engines. Rotary Power Enterprise will have the exclusive right to sell Mazda rotor Sequential Page 10 of 14<PAGE> engines in North America, modified for natural gas and propane applications except for passenger automobiles and minivan applications. The Company also plans to have the exclusive right to distribute, market and sell the Series 580 and 40 natural gas/propane engine for stationary industrial/ commercial applications and oil and gas field applications. Hussmann has the exclusive right to purchase rotary engines for supermarket rack systems for operation of refrigeration equipment in North America. Jack Kazmar will remain as President of Rotary Power Enterprise. Prior to establishing Rotary Power Enterprise, Mr. Kazmar was a Marketing Consultant with Rotary Power International from 1993 - 1997. His background and experience includes over 30 years in the commercial heating, ventilation and air conditioning equipment industry: Vice President of Sales and Marketing, ICC, a manufacturer of Desiccant based dehumidification equipment; President and Co-Founder, Skil-Aire Corporation, a manufacturer of standardized commercial heating, ventilation and air conditioning products; General Manager, Fedders Corporation, Residential and Commercial Products Division, Climatrol and Airtemp Applied; and direct sales and field management with Worthington Corporation. Mr. Kasmar holds a Bachelor of Science - Mechanical Engineering from Lafayette College. ........... I don't think we will see .40 this year but we may get near .30 and after that the flood gates will start to open with several different CERN products they will be making... Also looks like their building they are finishing will be to put frigc together... My guess is that Schenectady International is out and they will probably cut costs on production... I don't think they have thrown in the towel on Frigc... I just think it won't be quite so high profile...they will probably from time to time add distributors and the cumulative effect will begin to add up... Maybe we won't see high profile distributors but they have now SEVERAL distributors that are all ordering the stuff...and the 4th quarter was ending may... I think the bits and pieces of all there business will begin to add up... Analyst coverage dropped when fiscall year only beat last year by .02.. didn't mean it was bad (and by the way it is a sound company) just that the upside wasn't there... Most analysts had been touting a premium being put on stock for HTS superconducting products as they neared market... I guarentee as CERN shipments near...coverage will begin again... and if they could just kick kryotech in the belly maybe a product will ship before the CERN timeframe...otherwise it would be during that timeframe... It's a long term hold ...pending any other news like this upcoming quarter which may be days away...