Today I thought I'd webify a periodic posting that Bill Wexler makes on the SI and Yahoo boards. It's called "REFR's Uninterrupted History of Fraud" and is a pretty damning display of what REFR has said over the years, that has ultimately amounted to nothing.
REFR's uninterrupted history of fraud
1992: The REFR stock fraud announces an automotive deal
1993: The REFR stock fraud announces an automotive deal
1994: The REFR stock fraud announces an automotive deal
1995: "I am confident that products using SPD film technology will begin to appear in the near future."
1996: The REFR stock fraud announces an automotive deal
1997: RESEARCH FRONTIERS LICENSEE EXPECTS TO COMMERCIALIZE SPD PRODUCTS AND ESTABLISH NEW PRODUCTION FACILITIES NEXT YEAR
1998: REFR takes the year off, apparently.
1999: The REFR stock fraud announces an automotive deal
2000: "As a leading integrator of businesses and technologies within the $8 billion replacement window/door industry, we are very enthusiastic about the potential for SPD light control technology to enhance the value of our custom vinyl window products," commented Steve Hoffman, Chairman and Chief Executive Officer of ThermoView Industries, Inc.
2001: The REFR stock fraud announces an aviation deal
2001: The REFR stock fraud comments on short-selling, makes misleading statements about trading activity in REFR stock...and mentions itself and Qualcomm in the same breath, in a not-so-subtle and laughable implication that the fraudulent Research Frontiers can generate revenue from its worthless patents much the same way legitimate companies such as Qualcomm exploit their valuable intellectual property.
2002: "In his address to shareholders, Robert L. Saxe gave an overview of the Company’s progress and reconfirmed that based upon projections given to Research Frontiers by several of its licensees, it was a reasonable goal to expect the Company to have its first full year of profitability in 2003."
2002: The REFR stock fraud announces "backlog of customer orders"
2002: The REFR stock fraud announces an automotive deal
2003: The REFR stock fraud announces an automotive deal
2003: The REFR stock fraud announces another automotive deal
2004: The REFR stock fraud announces an automotive deal
2004: "Research Frontiers Incorporated announced today that it will write off its remaining investment in SPD Inc..."
2005: "This funding will help us continue to improve the performance of SPD technology, and to help our 34 licensees across the world roll out SPD chemical, film and end-products..."
Revenues from commerical SPD products from 1992 to date: $0.
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