Dave Huntsman

Long Lasting Fuel Cell Batteries: Why I'd Buy Mechanical Technology

As a (former) shareholder in MKTY, I've gotta tell you, this 'analysis' is painfully shallow. It turns out that there is a real reason the share price is at bottom: the MKTY fuel cell product is- at the moment- vaporware. There is not a single DMFC product- anywhere- that is in any way, shape, or form operational - or that is on a clear path to become so. Not a single one. That is, in fact, the reason I sold my shares in MKTY three years ago...and went into MDTL: when it became clear that, technically, the MDTL technology and product was real - and MKTY's was not. MDTL itself has been the only one to openly acknowledge that an in-place, DMFC for lithium battery replacement is currently beyond the state of the art - for anyone. That is what lead them to the current, successfully-executing course: of a long-life, high-energy, fuel cell based portable power pack (up to 30 hours of recharge equivalent time). The current result: a couple million in orders; the pre-pilot line filling initial orders, and the first full-up line now being assembled, to be operated by Celestica in Ireland.

To promote a company while forgetting to note there is no true product - of that type, from anyone - and that the technology truly doesn't exist yet in 2007 to make it so, is just a tad off the mark, don't you think?