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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Mark Duess who wrote (154)10/2/1998 1:12:00 PM
From: Mark Duess  Respond to of 6016
 
I now see the indication of the companies to do more than testing the products. I guess I was reading the quote from the professor a little closer than I should've. Thanks for posting the news release.

Mark



To: Mark Duess who wrote (154)10/2/1998 1:22:00 PM
From: Stephen O  Respond to of 6016
 
The site should give you a feel for the technology and the CVs of the personnel. You have to imagine the potential like I just posted. IMO if this works reliably they have a significant competitor to fuel cells for largish power generation. Say goodbye to Ballard perhaps.
There will be no financials of note as they are in the development and testing mode as far as I can understand.



To: Mark Duess who wrote (154)10/2/1998 1:38:00 PM
From: speculatingvalue  Read Replies (2) | Respond to of 6016
 
I downloaded the financials for Turbo Genset from Sedar. They lost 4 cents per share in the last nine months against revenues of $279,000.

They are sitting on about $5 million in cash, presumably from the initial share investments.

Assuming Global is able to get an exclusive marketing arrangement, the safest way to get exposure to tur.a would be through an investment in gle. It is unwise to invest in a technology company until they start generating revenues.