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Re: BatteryInvestor post# 347

Friday, 03/10/2017 2:15:35 PM

Friday, March 10, 2017 2:15:35 PM

Post# of 387
It could, but we don't know how it was actually used. I also thought I read another PR that said it was going to pay off old debt.

An acquaintance of mine used to be on the board. They had a good product, and they were betting on being able to modify the used equipment to create it. Obviously they were wrong. They would have made millions of dollars a year if they succeeded.

The only chance they have now is to find a way to get production going. It would take a very big foreign investor to dump 10s of millions of dollars into them for equipment. It's not likely to happen though at this point.

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