Fuel cell pick

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Jan 21, 2000
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This company, Power Technology Inc. (OBB : PWTC) is an R/D company and is a Las Vegas, Nevada-based development company that holds several patents in the power generation and storage fields, and is working to provide innovative and practical technology solutions for commercial, governmental and industrial applications worldwide.

The key man,Alvin Snaper. is the company's Vice President of Technology, is one of the country's most prolific inventors and has over 600 patents to his credit. Some of his previous work includes: the IBM Selectric ball for the typewriter, Tang for General Mills, landing gear for Boeing and coatings for Rockwell.

Fuel cell companies never really had much consideration in the past and their future existance is mostly dependent on changing the mind set of Detroit and the public in general...

Ok, back to PWTC,this company is a penny play with real potential,although still in R/D,the company still isn't bringing in the bacon....

Presently, the company has three core technologies and is seeking partners with domain expertise to manufacture and commercialize each product. The company's technologies include a specially designed battery for the electric vehicle market; a magnetic pulse forming technology for welding oil, gas and water pipes and a unique self-powered sensor which can be utilized to measure fluid levels or to provide back-up voltage for low-powered electronic devices.

Common stock, 50,000,000 shares authorized, 21,951,050 and 19,027,500 shares outstanding...

The close yesterday was .27 and is a OTCBB listed company.


Website:http://www.powerpwtc.com


Chart view:

http://charts3.barchart.com/chart.a...&vol=Y&evnt=adv&grid=Y&code=BSTK&org=stk&fix=


Recent press releases:


Sumitomo Electric Partners With Reliable Power on Proven Power Technology
Apr 24, 2002 12:50:00 PM

Comverge Extends Wireless Coverage of Its Maingate(TM) Solution for a Major Utility
Apr 23, 2002 8:31:00 AM

ELECTRIC CITY CORP - To Supply $1.1 Million of Power Technology to CHA
Apr 17, 2002 10:05:00 AM

POWER TECHNOLOGY INC - Hires Platinum Advisory Services to Explore Options
Apr 8, 2002 12:25:19 PM


This is a penny play and does carry a certain amount of risk..

As always, apply sound DD and never invest more than you are able to lose...

Have a good day
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