old.edgarpro.com/edgar_conv_html/2003/08/...IS_TOP_OF_DOCUMENT
die reinste Aktiendruckmaschine! und dann ein reversal Split und den Wert der Optionen reduziert und noch immer im Minus...kein Wort von Daimler!ich bezeichne sowas als absolut unseriös!Und ist dies bezahlte Public Relation für Pusherdienste? Issuance of shares due to consulting agreements .In August 2002, the Company entered into a Media Relations Consulting Agreement with Andreas Gloetzl, a non-U.S. person outside the United States. The agreement had an initial term of August 1, 2002 through March 15, 2003. The Company agreed to pay Andreas Gloetzl a consulting fee in the amount of $33,800 by issuing Andreas Gloetzl common shares,
In August 2002, the Company entered into a Financial Public Relations Adviser Consulting Agreement with Joerg Schweizer, a non-U.S. person outside the United States. The Company agreed to pay Joerg Schweizer a consulting fee in the amount of EUR 5,000 (approximately $5,300) per month for such services. ????
Financial Conditions: fast pleite!
The Company had a working capital deficient of approximately $220,000 at June 30, 2003, and will need to raise additional financing for working capital purposes. The Company does not anticipate it will generate any revenues from the sale of MagiQTM batteries, until at least the fourth quarter of 2003 or the first half of 2004, assuming adequate financing is available The Company currently has no service or licensing agreements in place and the Company does not anticipate that it will receive any material revenues from service or license arrangements during 2003. The Company has incurred substantial losses to date, and there can be no assurance that the Company will attain any particular level of revenues or that the Company will achieve profitability.
The Company incurred a net loss of $1,255,000 or $0.06 per share for the six month period ended June 30, 2003, compared to a net loss of $634,000 or $0.04 per share during the same period in 2002.