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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: D. RUTTER who wrote (2827)3/8/1999 12:21:00 PM
From: Dave Gore  Read Replies (3) | Respond to of 8189
 
MICROPHONICS ANONYMOUS REPORT: note: only qualified M.A, members can read.

(1) the 1.4 mil shares of IB Firm is included in the 10 mil O/S number (verified with Jimmy and Myles); the firm got the shares over a year ago, so this is why.

(2) MRPS owns the trademarks on the Ultraphonics and 2 other names, which CTRL is in officially in violation of using, but Jimmy says that they (CTRL) are so low key in marketing right now, that why spend any money going after them. They have an old product and are not actively marketing it. CTRL main biz appears to be software (see ctrl.com
MRPS will pursue if they become more active ever.

(3) Patent Pending (and this was news) is actually the preferred status. It STILL protects your design, but does not make public your schematics that would allow others to copy it. When you have a patent, the world can view all your technology but that does not stop others from copying it. In fact many will change 10-15% of it and say it does not infringe on a patent. Then you have competitor's and patent infringment suits. They feel they have a 2-3 year window and head start. IF somebody catches up, they then bring out Generation 6 which is already being planned. And then they "patent pend" that.

This was a nice surprise, and I agree

(4) MRPS is seeking to copyright their software as well, which is the basis of thier "signature sound" formula

(5) Their factories now can each produce $3 mil per month of product

(6) Both factories can are ISO 9002 approved, which is an important elctronics standard that both MRPS devices meet.

(7) this one is kind of fun:

NASCAR had MRPS come in to help several drivers includein Darryl Waltrup and Dale Earnhardt, etc, but what I liked is the MRPS equipment had 100% accuracy in predicting upcoming failures of 28 of 28 engines within a certain period of time.

(8) News this week (probably 2 releases).... and we can all just guess when. Long term investors won't care when exactly news comes out, and DT's can just be kept in the dark, as far as I'm concerned.

PS---- other cometitors like SMT or SDT do not have the "Signature sound", and while they may have a contract with Ford or GM it is for vibration analysis... a non-competiting area

CHEERS....I'm gone til tues PM