Forever … and ever … and ever … the Forever Battery

By Travis Johnson, Stock Gumshoe, August 28, 2008

The Forever Battery newsletter teaser is back, still going strong … not unlike our friendly little Energizer Bunny, I suppose. I’ve seen quite a few emails on this one recently, and the ad is almost identical to the one I first saw back in early April.

It’s an ad for Untapped Wealth, and unlike some of their ads that we’ve seen in the past this doesn’t seem like it’s a paid stock promotion (as the ads touting Aussie Soles were a few months back). The fact that Tim Fields also sells his name to tout stocks like AUSE might make you question his editorial integrity as he touts this particular battery company, but that’s your call (my opinion is probably pretty clear from my article about Aussie Soles, linked here).

Some of the details are different, because the company is no longer on the verge of doing a demo of their new battery technology at a steakhouse (they already did that, and apparently it went well — and unfortunately, I don’t believe any free meat was dispensed). Other than that, I haven’t seen much in the way of “new” news from them, though they do spin out a press release or an investor presentation pretty much every week. But since the ad is otherwise virtually unchanged, I assume that we’re still dealing with tiny mPhase Technologies (XDSL, trades over the counter).

Oh, and the price has come down quite a bit from where it was at the height of the “public demo” hype and the runup from the initial newsletter ad barrage. So if you liked it at a dime, you just might love it at a nickel.

Here’s the link to that original writeup that includes much more detail, and dozens of useful comments from other readers — the Forever Nanobattery.

And for those of you in the US, I hope you enjoy a labor-free holiday weekend.

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