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Hey, were still alive and kickin.. thats a good sign. Obama is coming online soon and maybe we have a chance to get some needed funding to get the show back on the road???
Lets find a buyer for EEEI and its production lines and patents... this is an opportunity that should not be overlooked by forward looking businesses... yea we do need to free up the capital markets with the governments plan.
NEWENGLAND ENERGY... CLOSED THE DOORS....... LOOK AT WWW.NEWSTIMES.COM FOR TODAY 9/20/08 STAY AWAY FROM THESE SMALL COMPANIES UNLESS YOU LIKE TO BE BROKE ALL THE TIME.. DAMN IT.
Dang it all.. Below a dollar again... cool beans. well making more cashola jumpping in and out of amr, fre and fnm. Still holding my reverse broken shares here and waiting for some better contract news.. life span is only about 70 yrs though.. what are the odds??
Great Point.. Nice jump here yesterday on the small volume. Some spark of life. wow.
Really! It is amazing how he will be able to immediately reduce the price of oil, and have alternative just by Obama being elected. Alternative energy is going to happen anyway, but in the interim the price of gasoline will go much higher unless production is increased. How is Obama going to help us until the alternatives are available?
We headed back to sub dollar??? Lets get Obama in office and things will begin to pop on alt energy. Its time
MAN!!! I really got burnt on this reverse split... It sucks. really. And this place is based in my home town.. jeeeeezus. c.
the problem here is i have been waithing for the FL plant to make $ since they bought it now with the property value down its more dicey.
ya going back up.. we need to break that $1 and stay over it.. orders will do it. Im hoping this along with my residential hydrogen generator play, arsc, will do the trick this year. good luck.
Heading higher. There is an uptrend. Does anyone else see that?
This company is doing some amazing things. This is from what I heard at least a 10 bagger. They have a very complex battery chemistry. Once these orders start coming in. Forget aboutit.
will be waiting for updates on the fla facility.. here in danbury,ct this hot weekend.
<font color=orange>**EEEI Annotated Daily & Weekly Charts**
Nice close EEEI~
If they can show more orders coming out of the Fla plant then it should go well over $1/sh. They have the upcoming show also. Hopefully no reverse needed here. go go go!!
They have until July 24th to comply with the $1.00 minimum bid rule otherwise they may have to R/S which has already been approved by shareholders. Can EEEI get to $1.00 in the time frame given?
Another Army Contract announced this morning.
Excellent volume last two days! Would love to see this get back over $1.00 without any r.s
Thanks and the best to you too!
Sure can't blame you for that. Wishing you the best in your other investments
I'm out. Sold on the possible R/S news. Good luck to all the longs.
Accumulation would put this well over $1.00 and with so very few shares outstanding it would not take much. Next news on the NASDAQ hearings should be more interetsing
Electro Energy Announces Board Authorization of a Reverse Stock Split If Necessary to Retain Its NASDAQ Listing
19 minutes ago - Market Wire
Electro Energy Inc. (NASDAQ: EEEI), a leading provider of advanced battery technologies and associated systems, today announced that its Board of Directors has concluded that it is in the best interests of the Company's shareholders to maintain the Company's stock listing on the NASDAQ Capital Market and has authorized management to make all necessary and reasonable efforts to maintain the NASDAQ listing. Accordingly, the Board unanimously consented to authorize a one-for-five reverse stock split in the event that a reverse split becomes necessary to maintain the Company's NASDAQ listing. The Company presented this and other information during a hearing before a NASDAQ panel on April 24, 2008. The Company is awaiting notification of the panel's decision.
About Electro Energy Inc.
Electro Energy Inc., headquartered in Danbury, Connecticut, was founded in 1992 to develop, manufacture and commercialize high-powered, rechargeable bipolar wafer cell nickel-metal hydride batteries for use in a wide range of applications. Its Colorado Springs operation is AS9100/ISO9001 certified and supplies aerospace-grade high quality nickel cadmium batteries and components for satellites, aircraft and other specialty applications. EEEI is also developing high power lithium rechargeable batteries utilizing the Company's proprietary bipolar wafer cell design. EEEI owns significant manufacturing assets near Gainesville, Florida for rechargeable lithium ion 18650 cylindrical cells, the standard cell used in the electronics industry. For further information, please visit www.electroenergyinc.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Electro Energy Inc.'s Securities and Exchange Commission filings available at http://www.sec.gov.
Contact: Brenda Cooper (203) 797-2699
SOURCE: Electro Energy Inc.
you people must be sleeping didnt anybody notice volume befor price plus increase not many selling the news obviously you are all longs congrats and good luck I am just an avid reader
what ever happned to the big government contract?
Electro Energy to Present at Financial Investment Analysts Group
Wednesday April 9, 5:22 pm ET
DANBURY, CT--(MARKET WIRE)--Apr 9, 2008 -- Electro Energy Inc. (NasdaqCM:EEEI - News), a leading provider of advanced battery technologies and associated systems, today announced that Michael E. Reed, President & CEO, will be the featured speaker at tonight's Financial Investment Analysts group meeting in New York City.
Mr. Reed will highlight EEEI's breakout potential as a domestic producer of advanced battery products. Development contracts with the U.S. Department of Defense and Department of Energy provide significant funding for applications requiring smaller, lighter more powerful batteries. Electro Energy expects to begin shipping rechargeable lithium-ion 18650 battery cells produced at its Florida manufacturing facility in April 2008. The Company anticipates obtaining UL certification in the second quarter of 2008 which will lead to full commercial market availability and significant revenue growth in 2008.
About Electro Energy Inc.
Electro Energy Inc., headquartered in Danbury, Connecticut, was founded in 1992 to develop, manufacture and commercialize high-powered, rechargeable bipolar wafer cell nickel-metal hydride batteries for use in a wide range of applications. Its Colorado Springs operation supplies aerospace-grade high quality nickel cadmium batteries and components for satellites, aircraft and other specialty applications. EEEI is also developing high power lithium rechargeable batteries utilizing the Company's proprietary bipolar wafer cell design. EEEI owns significant manufacturing assets near Gainesville, Fla. for rechargeable lithium ion 18650 cylindrical cells, the standard cell used in the electronics industry. For further information, please visit www.electroenergyinc.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Electro Energy Inc.'s Securities and Exchange Commission filings available at http://www.sec.gov.
Contact:
Contact:
Mike Reed
203-797-2699
--------------------------------------------------------------------------------
Source: Electro Energy Inc.
EEEI Introduces Gen-A-Sys Auxiliary Power Unit for Trucking Industry
Wednesday April 2, 11:15 am ET
DANBURY, CT--(MARKET WIRE)--Apr 2, 2008 -- Electro Energy Inc. (NasdaqCM:EEEI - News), a leading provider of advanced battery technologies and associated systems, will introduce its Gen-A-Sys® anti-idling technology for the trucking industry in a press conference today at its Danbury, CT headquarters. The Gen-A-Sys® anti-idling solutions, jointly developed by Electro Energy and Enertek Corporation, are the next generation in auxiliary power units for long-haul and local delivery trucks. The Gen-A-Sys® products have been installed on a vintage 1987 359 Peterbilt, which will be on view during the press conference.
Representatives from Enertek and Electro Energy will demonstrate the patent-pending Gen-A-Sys® systems which provide an all-electric source of cab heating, cooling and hotel load power utilizing advanced battery technology developed by Electro Energy. The Gen-A-Sys® +DC (daycab) solution utilizes only batteries for the electrical power. The Gen-A-Sys® Q, a hybrid battery-diesel generator solution, provides auxiliary power for longer durations or heavier loads. The show truck is outfitted with both systems.
Michael Reed, Electro Energy's President and CEO, said, "Many states now have commercial truck anti-idling regulations and as of January 1, 2008 any Class 8 truck entering the State of California is required to have an anti-idling system installed. The Gen-A-Sys® systems power the truck hotel loads resulting in reduced exhaust emissions, noise and fuel expense compared to idling the truck engine. Electro Energy's advanced battery technology reduces the weight of these systems enabling greater freight loading and revenue potential for truck operators."
Enertek co-principals Paul Baumann and Bruce Wingen began a nationwide press tour promoting the Gen-A-Sys® system at the 2008 Mid-America Truck Show in Louisville, Kentucky last week. They will continue the tour meeting with media and industry representatives in Winston-Salem, NC; Bentonville, AR; Houston, TX; Sacramento, CA and many other cities along the way ending in Vancouver, British Columbia, on May 1, 2008. Additional detail is available at www.electroenergyinc.com
About Electro Energy Inc.
Electro Energy Inc., headquartered in Danbury, Connecticut, was founded in 1992 to develop, manufacture and commercialize high-powered, rechargeable bipolar wafer cell nickel-metal hydride batteries for use in a wide range of applications. Its Colorado Springs operation is AS9100/ISO9001 certified and supplies aerospace-grade high quality nickel cadmium batteries and components for satellites, aircraft and other specialty applications. EEEI is also developing high power lithium rechargeable batteries utilizing the Company's proprietary bipolar wafer cell design. EEEI owns significant manufacturing assets near Gainesville, Florida for rechargeable lithium ion 18650 cylindrical cells, the standard cell used in the electronics industry. For further information, please visit www.electroenergyinc.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Electro Energy Inc.'s Securities and Exchange Commission filings available at http://www.sec.gov.
Contact:
Contact:
Brenda Cooper
(203) 797-2699
--------------------------------------------------------------------------------
Source: Electro Energy Inc.
what ever happned to the gov contract that was supposed to be biger than the co mkt cap?
News for 'EEEI' - (*DJ Electro Energy Delays 10K >EEEI)
(MORE TO FOLLOW) Dow Jones Newswires
March 28, 2008 16:23 ET (20:23 GMT)
Copyright (c) 2008 Dow Jones & Company, Inc.- - 04 23 PM EDT 03-28-08
Holding here, would add if I had more cash on hand. I think there is potential of good things to come (gut feeling)
yea i am still holding mine also, down about 35% the way i see it is so good news will bring it back up. i was glad to see that it held where it was this past week so i guess there is some interest. i just wish that eeei mgmt would let us know whats up, this was supposed to be a breakout company?!
Still holding. The company has great potential but the stock is not looking good right now. The chart sucks, has been hitting the lower bolli almost every day. 52 wk low is .25, I hope we don't visit that! Yes, you are right, we need a meaty PR, no more fluff conference PR's, they obviously don't help. There's been a lot of talk about electric and hybrid cars in the news lately. EEEI should be promoting themselves but I see nothing.
Eric, David & Sons pick of the year stock! I'm starting to wonder???
anybody still holding on to EEEI, this past few weeks of sell off has me on edge, but i feel that the market in general has gone that direction. what it has to do with EEEI i am trying to figure out... but, i took an opportunity to double my holdings this past few trading days. i wish we got that UL approval news or that meaty PR soon, i personally feel that stocks such as this one have the best chance for a 3-5x uprun over the next year. glad to see some trading and it making a quick turn up towards the end of the day!
Yeah, we need some meaty news to get this thing rolling again. Hopefully, they have some big contracts in the works. I would think that with the $5 million contract with the gov't. will spurn some attention and confidence from other potential clients.
GREEN TODAY!!! after what 13 days of red??? i am still holding and probably adding more at end of the week if it stays this low!! hope for an upswing!
Electro Energy Appoints New Chairman and New Director
9 minutes ago - Market Wire
Electro Energy Inc. (NASDAQ: EEEI), a leading provider of advanced battery technologies and associated systems, announced today that the Board of Directors has appointed Bruce L. Lev as Chairman. Mr. Lev has served as a Director and Chairman of the Audit Committee since June 15, 2007. Mr. Lev's appointment follows the resignation of Martin Klein, who will continue to serve as a Director. The Board of Directors also appointed Jeffrey Auerbach as a Director and a member of the Corporate Governance and Nominating Committee.
Mr. Lev said, "I look forward to helping Electro Energy meet the challenges associated with the growth of rechargeable 18650 lithium ion cylindrical battery cell manufacturing and sales as well as the continued development of its proprietary wafer cell battery technology. On behalf of the entire Board and the stockholders, I want to thank Marty Klein for his steady leadership over the years and we will continue to rely on his knowledge and experience in guiding the Company in the future." Mr. Lev also stated, "Jeff Auerbach was instrumental in completing the recent financing and he will be a valuable resource in assisting Electro Energy with future capital requirements."
About Electro Energy Inc.
Electro Energy Inc., headquartered in Danbury, Connecticut, was founded in 1992 to develop, manufacture and commercialize high-powered, rechargeable bipolar wafer cell nickel-metal hydride batteries for use in a wide range of applications. Its Colorado Springs operation is AS9100/ISO9001 certified and supplies aerospace-grade high quality nickel cadmium batteries and components for satellites, aircraft and other specialty applications. EEEI is also developing high power lithium rechargeable batteries utilizing the Company's proprietary bipolar wafer cell design. EEEI owns significant manufacturing assets near Gainesville, Florida for rechargeable lithium ion 18650 cylindrical cells, the standard cell used in the electronics industry. For further information, please visit www.electroenergyinc.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, the following: general economic and business conditions; competition; unexpected changes in technologies and technological advances; ability to commercialize and manufacture products; results of experimental studies; research and development activities; changes in, or failure to comply with, governmental regulations; and the ability to obtain adequate financing in the future. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of Electro Energy Inc.'s Securities and Exchange Commission filings available at http://www.sec.gov.
Contact: Brenda Cooper (203) 797-2699
SOURCE: Electro Energy Inc.
I am curious to see what is happening also, considering we are approaching middle march. i did pick up some more shares this week to try and even myself out and i feel this has a low risk-big upside, plus everytime this has had a run down it seems to come back strong. just my 2 cents..
It still says they are deficient on TD. Anyone know what the companies plans are?
I think it does address it: here is more;
Press Release Source: Electro Energy Inc.
Electro Energy Receives Notice From NASDAQ Related to Certain Marketplace Rules and Interpretive Material
Thursday January 10, 4:30 pm ET
DANBURY, CT--(MARKET WIRE)--Jan 10, 2008 -- Electro Energy Inc. (NasdaqCM:EEEI - News), a leading provider of advanced battery technologies and associated systems (the "Company"), announced today that it received a letter from The NASDAQ Stock Market stating that it has regained compliance with the nominating committee and shareholder approval requirements contained in Sections 4350 of the Marketplace Rules and Interpretive Material 4350-2 (the "Letter"), and that both matters have been closed.
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The Letter stated that the Company regained compliance with Marketplace Rule 4350(c)(4), which requires Director nominees to be selected, or recommended for the Board's selection, by a nominations committee that is comprised solely of independent directors, upon the December 10, 2007 resignation of Martin Klein from the Company's nominating committee.
The Letter also stated that the Company regained compliance with Marketplace Rule 4350(i)(1)(D) and Interpretive Material 4350-2, in connection with its recent issuance of $18 Million 10% Convertible Debenture and Warrants (the "Transaction"). The Company regained compliance by amending the Transaction documents on December 14, 2007 whereby the Company would not issue any shares of common stock until the Company obtained shareholder approval of the total potential issuance of common stock in the Transaction. Previously, the Transaction documents had provided for a prohibition of issuances of common stock exceeding 19.8% of the Company's total outstanding number of shares until shareholder approval was obtained
It looks like it took $18 Million to buy themselves out of trouble but they appear to be okay now. I might have too simple of read on it though. What do you think?
Good investing!
It doesn't address the PPS issue, Marketplace Rule 4310(c)(4) or does it? Am I missing something?
Downriver, the matter has been taken care of:
Form 8-K for ELECTRO ENERGY INC
--------------------------------------------------------------------------------
10-Jan-2008
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
Item 3.02. Notice of Failure to Satisfy a Continued Listing Rule or Standard
On January 4, 2008, Electro Energy, Inc. (the "Company") received a notice from the NASDAQ Stock Market (the "Letter") stating that the Company has regained compliance, following noncompliance, with the nominating committee and shareholder approval requirements contained in Sections 4350 of the Marketplace Rules and Interpretive Material 4350-2. The Letter stated that both matters have been closed.
The Letter stated that the Company regained compliance with Marketplace Rule 4350(c)(4), which requires Director nominees to be selected, or recommended for the Board's selection, by a nominations committee that is comprised solely of independent directors, on December 10, 2007, when Martin Klein resigned from the nominating committee.
The Letter also stated that the Company regained compliance with Marketplace Rule 4350(i)(1)(D) and Interpretive Material 4350-2, in connection with its recent issuance of $18 Million 10% Convertible Debenture and Warrants (the "Transaction"). The Company regained compliance by amending the Transaction documents on December 14, 2007 whereby the Company would not issue any shares of common stock until the Company obtained shareholder approval of the total potential issuance of common stock in the Transaction. Previously, the Transaction documents had provided for a prohibition of issuances of common stock exceeding 19.8% of the Company's total outstanding number of shares until shareholder approval was obtained.
The Letter is furnished as Exhibit 99.1 to this Form 8-K.
Item 7.01. Regulation FD Disclosure
On January 4, 2008, the Company received a notice from the NASDAQ Stock Market that is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
On January 10, 2008, the Company issued the press release that is furnished as Exhibit 99.2 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits.
Exhibit
Number Description
99.1 Notification Issued by the NASDQ Stock Market on January 4, 2008.
99.2 Press Release dated January 10, 2008.
No problemo now.
Good investing!
Time is almost up on this one. I haven't received any replies to my email inquiries. Anybody know what's going on?
On September 14, 2007, Electro Energy, Inc. (the "Company") received a letter from The Nasdaq Stock Market ("Nasdaq") notifying the Company that it is not in compliance with the requirements for continued listing under Nasdaq Marketplace Rule 4310(c)(4) because the bid price of its common stock for the last 30 consecutive business days had closed below $1.00 per share. Pursuant to Nasdaq Marketplace Rule 4310(c)(8)(D), the Company has been provided an initial period of 180 calendar days, or until March 12, 2008, to regain compliance. The letter states the Nasdaq staff will provide written notification that the Company has achieved compliance with Rule 4310(c)(4) if at any time before March 12, 2008, the bid price of the Company's common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, although the letter also states that the Nasdaq staff has the discretion to require compliance for a period in excess of 10 consecutive business days, but generally not more than 20 consecutive business days, under certain circumstances.
If the Company cannot demonstrate compliance with Rule 4310(c)(4) by March 12, 2008, the Nasdaq staff will determine whether the Company meets The Nasdaq Capital Market initial listing criteria set forth in Nasdaq Marketplace Rule 4310(c), except for the bid price requirement. If the Company meets the initial listing criteria, the Nasdaq staff will notify the Company that it has been granted an additional 180 calendar day compliance period. If the Company is not eligible for an additional compliance period, the Nasdaq staff will provide written notice that the Company's securities will be delisted. At that time, the Company may appeal the Nasdaq staff's determination to delist its securities to a Listing Qualifications Panel.
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