3SOF

My theory is that if SIRI can run to $9 on the promise of Howard Stern, MCEL can run to $29 on the promise of hydrogen powered cars...

Likewise, if GOOGLE can run to hundreds on bullguano, MCEL can make us all rich.  Beyond candlesticks and momentum there's occasionally a "scientific advancement" play that dovetails with the mass market.  ALT FUELS and STEM CELLS to me are the best sectors for one's IRA money with a time horizon of at least 10 years.   That said, there's short term profit to be made with MCEL in 2005...I wouldn't be surprised to see $5 by year-end.   More news like this and it will become more expensive than SIRI shares.

GSHF owns 70% of it...at 0.09 it's worth a dabble too, good luck

David Randolph is a very good trader but after I bought XOMA, and XOMA fell, I simply continued to buy as it fell....now I'm in the Black and think XOMA has upside potential to $2.20 in the next week or so.  But even at $2.00 I'd have a nice little profit for a week's trouble...so my question is, why did D.R. sell XOMA at a loss when he liked the fundamentals?  Sometimes, you don't trade out of a lost position, you simply love it lower.  That worked well for me with CYOS when it fell from .03 to .007 (and then I rode it back to .06), and more recently with XIDE, buying as it fell from the low 5s to the high 4s and taking profit yesterday at $5.41...XIDE will be a great in-and-out stock for weeks or months now...nothing like a giant turnaround play....I don't see any reason not to buy even more XOMA if it falls below 1.80....Buy below there and sell above $2.00 is my short term strategy--although it might move quickly above $2.20 in which case I might be tempted to see if there's more to such a rally.  GL 2 1 & All

We are a development stage company formed to develop and market a new type of patented oscillating piston engine. The oscillating piston engine (OPE) weighs only a fraction of a conventional engine and requires no valves or valve train, nor a cumbersome water cooling system. However, despite its lighter weight, to date we have not yet perfected the technology or proven that the oscillating piston engine can function as well as a conventional engine.

We have acquired the prototype engine and certain rights to the patents from the inventor and engineering team through an Option Agreement that gives us the rights to further develop the engine to the point where it can successfully be marketed and sold. We do not currently own all of the intellectual property or patents related to the OPE and the underlying technology and the proceeds of our current offering will not provide us with enough capital to buy these intellectual property and patent rights. However, the Option Agreement also grants us the right to purchase the patents underlying the technology at any time on or before 18 or 36 months from the date of the initial payment of the $100,000 deposit (May 31, 2004) for $1,000,000, if within 18 months, or $1,500,000 if within 36 months. In addition, the option may be assigned or transferred to another party without the prior approval of the Optionor. During the term of the option, we have the exclusive right to manufacture and market all products covered by the patents. We are in the process of testing and improving on the patented design. However, the engine, which has not had a test run since 1995, has not been tested in a vehicle or other device; has experienced critical mechanical failures in the past; and may experience more failures in the future.

We are in the development stage; have not yet generated any revenues and have sustained a net loss of $291,301 since inception. Our business plans are to develop the technology and build a prototype engine that can be sublicensed or sold to third party manufacturers for amounts sufficient to generate the funds to purchase the patent rights subject of the option agreement; however, if we are unable to do so prior to the expiration date of the option, we would need to raise additional capital through loans or equity sales, or rely on receipt of the cash we would receive from exercise of any warrants sold in our current offering to exercise the option. In addition, based on our current development plans, we will not generate any revenues or profits over the next 12 months while we are completing and testing the engine and technology. Our auditors have expressed substantial doubt aboutour ability to continue as a going concern.

Our offices and testing laboratory are currently located at 1715 Cook Street, Suite 205 in Vancouver, B.C., Canada. Our fiscal year end is April 30.

THAT SHOULD SEND UP RED FLAGS....  new technology is exciting...but if the patent holders had the "real deal" in my opinion, they wouldn't have sold it for $1 Million or had it sitting around untested since 1995....