Doc, thanks for the information you have been providing. Here is my contribution. The shares o/s is outdated; I believe I saw 10.4 million posted on DCHT's site. I picked this from advisorinsight.com
Dch Technology Inc. Company Description:
CAPITALIZATION LONG TERM DEBT- None. STOCK- Auth. Shs. Outstg. Shs. Preferred $0.01 par 5,000,000 None Common $0.01 par 50,000,000 7,279,731 COMMON OFFERED PRIVATELY- Apr. 29, 1998, Co. closed a private placement of 900,000 Com. shs. at $0.75 per share. The shares were offered by Co. on a best-efforts, no minimum, 900,000 share maximum basis. CORPORATE BACKGROUND DCH Technology, Inc. specializes in licensing and converting new ideas and technologies into state-of-the-art products. The company has developed a PEM fuel cell and sensors for hydrogen and other gases. DCH Technology, Inc. is a firm that specializes in co-developing, licensing and converting next generation technologies into state-of-the-art products including hydrogen sensors for the space shuttle, hydrogen fuel cells for a variety of applications, hydrogen monitoring equipment for nuclear power plants, and safety and control electronics for wind hydrogen stationary power systems for isolated communities worldwide. DCH has developed and tested three products, all based on the Robust Hydrogen Sensor technology. These include The Hand Held Unit used when leak detection and/or hydrogen measurement necessitates a portable sensing device; The Integration Kit used in applications where hydrogen gas detection and/or measurement is required in existing equipment; and The Measurement System which uses sensor heads that are installed at points where hydrogen leaks are possible or where monitoring is necessary, and readings are transmitted remotely. July 22, 1998, Technology Transition Corp. announced the formation of InfraSol, Inc., LLC, a joint venture between Technology Transition and DCH Technology designed to identify and solve safety integration and material issues in transportation and energy systems, and pave the way for increased use of renewable energy systems. This strategic partnership links a market-oriented energy consulting firm with a hardware and integration company. The result is a venture that combines a broad knowledge of the evolving economic and market issues of the energy industry with an ability to deliver technological solutions to environmental and infrastructure challenges. SUBSIDIARY- wholly owned- DCH Sensors Corp. CAPITAL EXPENDITURES, at Dec. 31, 1997, totaled $12,638 EMPLOYEES- Sept. 14, 1998, 11 full-time; 2 part-time. INCORPORATED in Colo. Feb. 23, 1996, as Connection Sports, Inc. Name changed to Connection Sports International, Inc. July 15, 1996; present title adopted June 25, 1997. May 28, 1997, acquired DCH Technology, Inc. (Cal.) for 6,000,000 Com. shs. Name was changed to DCH Sensors Corp. July 21, 1998. OFFICERS- W. L. Firestone; President, D. P. Haberman; V-P, Secy & Treas, D. A. Walker; V-P. DIRECTORS- R. S. Firestone, W. L. Firestone, D. P. Haberman, Daniel Teran, R. N. Winkel. OFFICE- 27811 Avenue Hopkins, Unit 6, Valencia, CA, 91355, (TEL.: 805-775-8120). FAX- 805-257-9398. WEBSITE- dch-technology.com. STOCK DATA STOCKHOLDERS- Sept. 9, 1998, 550. Aug. 5, 1998, Firestone Family Trust owned or controlled 12.8% of the Com., R.S. Firestone 10.7%, D.P. Haberman 9.7%, Saul Socoloske 9.5% and David & Vickie Walker 8.3%. TRANSFER AGENT & REGISTRAR- Holladay Stock Transfer, Inc., Phoenix, Ariz. PRICE RANGE- OTC Bulletin Board (Symbol DCHT): 1997 3 1/32 DIVIDENDS- Com. $0.01 par: no cash. Common was split 1-for-3 reverse in 1997. EARNINGS AND FINANCES AUDITORS- Lucas Horsfall Murphy & Pindroh, Pasadena, Cal. CONSOL. EARNS., Y-E Dec. 31: Thou. $ Inc. Net *Sh. Earns. Revs. Taxes Inc. Basic 1997 90 1 d186 d0.04 dDeficit. *As reported by Co., adjtd. for 1997 1-for-3 reverse stk. split. Note: DCH Technology Inc. (formerly Connection Sports International Inc., a Colorado corp., was incorporated on Feb. 23 '96. Note: On May 28 '97, in connection with the issuance of 6,000,000 shares of its com. stock, $0.01 par value, to the stockholders of DCH Technology Inc. (subsidiary), Connection Sports International Inc. (concurrently changed its name to DCH Technology Inc.) acqd. 100% ownership of DCH Technology Inc. (subsidiary). Above results include operations of the subsidiary effective Jan. 1 '97. Copyright © 1998, Standard & Poor's |