MINC Lossless Digital Data Compression System
Back in 1998 I heard from a poor soul who was being encouraged to put some money into the Premier America, makers of the MINC Compression System. Seeing that MINC promised an iterative compression system that guaranteed any ratio you cared to dial in, I encouraged him to run, not walk, away from this opportunity. This led to an email conversation with someone from the company, assuring me that they would have a real product on the market quite soon now.
I haven’t heard a peep out of Premier America since then, so hopefully they have stopped raising funds for their unlikely system. Fortunately, a good soul named Chez DuLac has preserved MINC’s manifesto on his web site, along with his reasoned rebuttal.
http://members.attcanada.ca/~zoltan/cookdocs/16.html