turbodyne + 25% gestern - 500 Beiträge pro Seite

[yoppu]

Endlich ausgebrochen.
Toller Chart, steigende Umsätze, extrem viel Phantasie und die ersten News sind draussen.
Ob wir diese Woche schon den Euro schaffen!

yoppu

[tdwzb]

SK USA 0,25$ = 0,20€
Dtl. aktuell noch 0,183€

[tdwzb]

chartausbruch unter hohem umsatz
trend intakt
momentum prima

sollte in usa heute weiterlaufen

[yoppu]

Ist doch wurscht wo Deutschland steht, ich kaufe eh in USA und die stehen heute abend bei 0,40$

[trbdteam]

nur aber mal ruhe im karto..
die news sind exellent, doch die zahlungen halte sich in grenzen..das ist gerade ein tropfen auf dem heißen fels...

aber ist dennoch ermunternd...
um über 30 cents gehen zu können bedarf es große spekulationen und viele anleger die bereit sind eventuell alles geld zu verlieren....
ein ausblick hat turbodyne für die zukunft noch nicht gegeben oder ich kenne ihn nicht...
viel glück uns allen...

[trbdteam]

so wenig/viel wird da bezahlt....

Form 8-K for TURBODYNE TECHNOLOGIES INC
--------------------------------------------------------------------------------

3-Feb-2004

Acquisition or Disposition of Assets and Financial Statements & Exhibi


ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
Turbodyne Technologies, Inc. (the "Company") has entered into a settlement agreement and general release (the "Settlement Agreement") with Honeywell International Inc. ("Honeywell") as a result of which the Company is able to resume its business operations.

The Company entered into the Settlement Agreement with Honeywell effective January 23, 2004. The Settlement Agreement resolves disputes between the Company and Honeywell that were the subject of arbitration proceedings initiated by Honeywell in June 2001 (the "Arbitration") and federal litigation commenced by the Company against Honeywell in August 2001 (the "Federal Litigation"). The Arbitration and the Federal Litigation related to a joint development agreement and a license agreement between the Company and Honeywell entered into on January 28, 1999, as subsequently amended on December 15, 1999. The Company also entered into an Intellectual Property and Product Rights Agreement on December 15, 1999 concurrent with the amendments to the original agreements whereby the Company assigned certain patent rights to Honeywell. The agreements related to the development of, and certain intellectual property associated with, Electrically Assisted Turbocharger ("EAT") technology and products and Electrically Driven Compressor ("EDC") technology and products. The agreements referred to the Company`s version of the Electrically Assisted Turbochargers as the "Dynacharger" and the Company`s version of the Electrically Driven Compressors as the "Turbopac".

Under the terms of the Settlement Agreement, the Company has agreed with Honeywell that each of the joint development agreement and the license agreement have been terminated and superseded by the Settlement Agreement. Honeywell has transferred to the Company all right, title and interest of the Honeywell in all of those patents which have all of their independent claims directed in particular to products or technologies associated specifically with Electrically Driven Compressors and not Electrically Assisted Turbochargers (the "EDC Patents"). Electrically Driven Compressors are devices used to compress air for use in internal combustion engines and which include a radial compressor wheel attached to and powered by an electrically driven motor. Electrically Driven Compressors, unlike turbochargers, do not include a turbine. The Company`s version of the Electrically Driven Compressor is the Turbopac product. The Company will not be obligated to make any royalty payments to Honeywell in respect of the Turbopac electrically driven compressor products and technology.

The Company has, in turn, transferred to Honeywell all of its right, title and interest to all of the intellectual property, other than the EDC Patents, owned by the Company as of June 30, 2001 or which otherwise relates back to work completed in connection with the license agreement and the joint development agreement (the "Assigned Intellectual Property Rights"). The transfer of the Assigned Intellectual Property Rights is subject to certain license rights previously granted by the Company. In addition, the Company has retained a non-exclusive, non-transferable license to use such portion of the Assigned Intellectual Property Rights as may be necessary solely in order to enable the Company to make or sell Electrically Driven Compressor products. Honeywell will not be obligated to make any royalty payments to the Company with respect to the Dynacharger electrically assisted products and technology.

Honeywell has agreed to pay to the Company the aggregate amount of $8,500,000 under the Settlement Agreement. Payment of $7,200,000 has been advanced by Honeywell to date. Payment of the balance of the full amount is conditional upon the Company paying to certain of its creditors and lien holders, including creditors that have been assigned any right of proceeds from the Arbitration or the Federal Litigation, the aggregate amount of approximately $911,000.

The Settlement Agreement also includes mutual releases of each of the Company and Honeywell in favor of the other and certain indemnification agreements. No payments were required to be made by the Company to Honeywell pursuant to the Settlement Agreement. The proceeds to be received by the Company will be net of payments required to be made to creditors and lien holders, as described above, and payment of legal fees on a contingency basis.

The Company plans to use the net proceeds of the settlement to fund its strategy for the resumption of its business operations, as disclosed in the Company`s Quarterly Report on Form 10-QSB for the nine months ended September 30, 2003. A portion of the proceeds will be used to repay short-term loans obtained by the Company to provide working capital, plus applicable bonuses. The Company plans to


continue the development and commercialization of its Turbopac and TurboAir products. The Company will no longer pursue development of the Dynacharger product. The
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Business Acquired.



(b) Pro forma Financial Information.

Not applicable.

(c) Exhibits.

[tdwzb]

Honeywell has agreed to pay to the Company the aggregate amount of $8,500,000 under the Settlement Agreement. Payment of $7,200,000 has been advanced by Honeywell to date. Payment of the balance of the full amount is conditional upon the Company paying to certain of its creditors and lien holders, including creditors that have been assigned any right of proceeds from the Arbitration or the Federal Litigation, the aggregate amount of approximately $911,000.

klingt doch gut oder???

[big_mac]

nein, klingt gar nicht gut !
wenn von den 8,5 mio 7,2 alte zahlungen sind und 0,91 an dritte gehen, dann bleibt fast nix

[LMGPG]

big mac
schau dir das an.
die db ist wohl drinn. abzocke.
wer nicht weiß, worum es geht,
sollte sich über eines im klaren sein.
trbd ist ein stehaufmännchen...
wird von allen immer wieder benutzt.
im moment benutzt die db alle die auf charts, oder irgendeine positive nachricht in bezug auf produktion setzen.
kinder, erwachsene?
egal
trbd ist im moment asche.

[big_mac]

trbd war immer asche, und wird immer asche bleiben.

[ASSO7]

Asche für die tasche,desto Euro desto Teuere.