Detail akcie Millennium Cell online

Business Summary: Millennium Cell Inc. (Millennium Cell) is engaged in the development of hydrogen fuel cartridge technology and designs, as well as hydrogen batteries comprising of a fuel cell and the Company’s hydrogen storage technology for use in portable electronic devices for the military, industrial, medical and consumer electronics markets. The Company continues to license its hydrogen cartridge technology and designs to companies, which develop fuel cell systems. In May 2008, the Company ceased its operations.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2007, Millennium Cell Inc revenues increased from $222K to $757K. Net loss applicable to common stockholders decreased 17% to $10.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Non Cash Charges decrease of 59% to $1.5M (expense), Changes in Fair Value of Debenture Lib. increase from $0K to $1.3M (income).