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.


Are you getting our free Daily Update
"reveal" emails? If not,
just click here...


guest

12345

This site uses Akismet to reduce spam. Learn how your comment data is processed.

18 Comments
Inline Feedbacks
View all comments
dave kaz
Member
dave kaz
August 29, 2008 9:01 am

Great work, gumshoe. Would appreciate more of the sleuthing on penny stocks. thanks.

jim
Guest
jim
August 29, 2008 9:05 am

Dear stock Gumshoe have you heard of secured investment contracts,these are being pushed by Brian Hunt of S&A Investment Research .If what is being
said is true these would be good investments .

Add a Topic
5971
Add a Topic
1592
farley 5
farley 5
August 29, 2008 9:29 am

Our Fearless Leader, Stock Gumshoe did a great write up here:

http://www.stockgumshoe.com/2008/06/secured-investment-contracts-legally-obligated-181-gains-stansberry.html

You may want to use the search tab at the top of this page for subjects or comments that are of interest to you. SG is very much on top of all of the scams out there.

Add a Topic
5971
EYOUNG
Guest
EYOUNG
August 29, 2008 11:23 am

this is a re-post of a comment I made, on the original write-up:
On April 8, XDSL hit $.14,,, as of 11:30a.m. 08/29/08 it sits at $.0540,,, Hmmm, NOW, might be a good time to get in, depending on the Financials, and one’s ability to weather a volatile market,,, but a greater than 50% drop, since this write-up,,, Makes one wonder just where in the world this company is going~! My guess is, it has about bottomed out. The historical low has been $.04, and the historical High, in 1999, has been about $18.00,,, Worth a gamble?

Happy Labor Day, U.S.,,, and a Safe and Sane one, as well.
Eugene

Mike B
Guest
Mike B
August 29, 2008 12:13 pm

I own XDSL. I think the stock has dropped because of the proposal to raise additional capital by increasing shares from (don’t quote me on the numbers) 600 million shares to 2 billion shares. Sizeable delution for shareholders…but I believe it will have a good run for it’s technology.

Add a Topic
5971
Big Mo
Guest