Electro Energy Inc (fka EEEI)

[downriver]

I concur. Hopefully this Growth Stock Conference on Thursday will increase the volume.

[bobbyb]

the bid x ask were close today to eachother and the 50 & 100 day moving ave; which leveled off the past couple of days maybe we found a bottom for this to head up on?!

[downriver]

Electro Energy to Present at Jesup & Lamont Emerging Growth Stock Conference
17 minutes ago - Market Wire

Electro Energy Inc. (NASDAQ: EEEI), a leading provider of advanced battery technologies and associated systems, announced today that Michael E. Reed, President & CEO, will present an overview of the company at the Jesup & Lamont Emerging Growth Stock Conference on Thursday, February 28, 2008 at the Disney Contemporary Resort in Orlando, Florida.

Michael Reed, President & CEO of Electro Energy, will highlight the Company's patented technology, developed with over $30M of U.S. Government funding, providing smaller, lighter, more powerful and less costly batteries, that enables advanced technology for our military and our mobile society.

Electro Energy is commercializing its proprietary lithium-ion and nickel-metal hydride technologies through a variety of channels, including as a domestic source of rechargeable 18650 lithium ion batteries to the U.S. Department of Defense from its Gainesville, Florida facility. Mr. Reed will also discuss the Company's transition into a more commercial orientation with a heightened revenue focus in 2008.

The presentation will be webcast live on the conference website, www.jesuplamontconferences.com and also available for download on the website after the event.

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 [phone]
SOURCE: Electro Energy Inc.

[mick]

i tried this in da ibox. it turns out too big to show it.

[mick]

hi 'wolfster1', this is a good product that i can see from their website.

they just need some good financing and good contracts.

[wolfster1]

I agree. I do not think that the US military would want Chinese batteries in their gear. They will help this company get off its feet as long as they have a good product.

[mick]

one thing O/S are reasonable.

Electro Energy, Inc. (Public, NASDAQ:EEEI) - Add to Portfolio - Discuss EEEI Find more results for eeei

0.78
+0.01 (1.19%)
Delayed: 11:25AM ET Open: 0.80 Mkt Cap: 22.45M P/E: N/A Dividend: N/A
High: 0.80 52Wk High: 1.50 F P/E: N/A Yield: N/A
Low: 0.70 52Wk Low: 0.25 Beta: 38.53 Shares: 28.81M
Vol: 18,527.00 Avg Vol: 80,000.00 EPS: -0.51 Inst. Own: 4%

[mick]

hi wolfster1', good afternoon. this company has lot of potential.

like their product.

[wolfster1]

This one is going to improve a lot. This will woop GBT. Why would the US military want to use Chinese batteries. Also they are one of a kind. If they perfected the technology look out.

[mick]

hi and good evening to all. today was a down tick but yesterday EEEI looked good.

contracts tells a story.

this one is getting interesting. Electro Energy awarded $5 mln contract to manufacture military aircraft batteries (EEEI) 0.85 +0.13 :

[StormyMonday]

The Department of defense giving them anothe 5 mil in contracts makes me feel that their battery technology must fit the bill.

[wolfster1]

This is a great stock. If their technology pulls through this is going even further.

[downriver]

Electro Energy Inc. Awarded $5 Million Contract to Manufacture Military Aircraft Batteries
02/20 10:08 am (MKTW)
Story 1700 (EEEI)

DANBURY, CT -- (MARKET WIRE) -- 02/20/08 --

Electro Energy Inc. (NASDAQ: EEEI), a leading provider of advanced battery technologies and associated systems today announced a $5 million contract award from the U.S. Defense Logistic Agency ("DLA") to manufacture batteries for the U.S. Army Kiowa Helicopter.

DLA has awarded Electro Energy a contract to provide nickel cadmium ("NiCd") batteries, NiCd cells and associated heater blanket assemblies for the U.S. Army Kiowa Helicopter fleet. This production contract has a two-year base period and three additional option years with guaranteed minimum order quantities for each year. The two-year base period has a maximum contract value of $5.2 million and a five-year contract maximum value of $13.3 million. The batteries and other system components will be produced at Electro Energy's AS 9100/ISO 9001certified Colorado Springs facility. In addition to this newly awarded contract for the Kiowa Helicopter, Electro Energy's manufacturing facility in Colorado Springs has an extensive history of providing batteries for military aircraft, including the B-1 Bomber, B-2 Stealth Bomber, B-52 Heavy Bomber, Apache Helicopter and the Cobra Attack Helicopter.


Michael E. Reed, Electro Energy's President and CEO, said, "The Company hasa long history of providing batteries and related systems to the U.S. ArmedServices for a variety of applications. This contract exemplifies Electro Energy's capabilities in providing battery technology for military applications which require highly durable and reliable batteries to meet the most demanding mission critical and battlefield 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 AS 9100/ISO 9001 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, 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 andtechnological 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

[downriver]

The chart indicators are looking good. Hopefully this upward movement will continue. We need some good news here.

[downriver]

I hope they are busy building business or else:

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.

[StormyMonday]

Yea I got that as well, its just for the approval of the financing.

[downriver]

No, they never responded but I did receive an email from my broker yesterday.

Is this good or bad news? I left out my personal information. Here it is:

Important Notice Regarding the Availability of Proxy Materials
for the Shareholder Meeting

2008 ELECTRO ENERGY, INC. Special Meeting of Stockholders
Meeting Date is March 5, 2008
For Holders as of January 25, 2008

Internet voting is accepted up to 11:59 p.m. (ET) the day before
the meeting/cut off date.

The relevant supporting documentation can also be found at the following
Internet site(s):

Proxy Statement

http://www.sec.gov/Archives/edgar/data/1175636/000102660808000029/eei_def14a0208.htm

[StormyMonday]

Did they respond to your e-mails? I sent out 3 of them and nothing back. Interesting because they used to reply last year. Hmmmmmm maybe there just busy with the new Distribution center in FLA. I hope thats it but there is still that non compliance issue
to comply with the NASDAQ minimum bid price of $1.00

[downriver]

Electro Energy to Present at Security Research Associates Conference
02/08 10:40 am (MKTW)
Story 0945 (EEEI)

DANBURY, CT -- (MARKET WIRE) -- 02/08/08 --

Electro Energy Inc. (NASDAQ: EEEI), a leading provider of advanced battery technologies and associated systems, today announced that Michael E. Reed, President & CEO, will present an overview of the company at the Security Research Associates (SRA) 4th Annual Winter Technology Conference on February 11, 2008 at the Omni Hotel, San Francisco, California.

Mr. Reed will highlight EEEI's breakout potential as a domestic producer ofadvanced battery products. Development contracts with the U.S. Department of Defense and Department of Energy have provided significant funding for applications requiring smaller, lighter more powerful batteries. Electro Energy is commercializing its proprietary lithium ion and nickel-metal hydride technologies through a variety of channels, including as a domestic source of rechargeable 18650 lithium ion batteries to the U.S. Department of Defense from its Gainesville, Florida facility. EEEI management expects to see significant revenue growth in 2008.

The presentation will be webcast live at http://www.wsw.com/webcast/sra6/eeei/. The SRA Conference will feature CEOsand CFOs from some of the fastest growing companies in the technology sector.

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.

[Specalculator1]

thanks for the info...eom

[downriver]

What could be the problem then?

I'll try to email the company and post whatever I find out.

[StormyMonday]

Those confrences are a total waste of valuable time and money.Shares have fallen all month long. close today .67 pretty sad.

[downriver]

Electro Energy to Present at WallStreet Research Small Cap Conference
11:57 AM ET - Market Wire

Electro Energy Inc. (NASDAQ: EEEI), a leading provider of advanced battery technologies and associated systems, today announced that Michael E. Reed, President & CEO, will present an overview of the company at the Flaherty Financial News / WallStreet Research Small Cap Conference III on Tuesday, January 22, 2008 at the Penn Club, 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 have provided significant funding for applications requiring smaller, lighter more powerful batteries. Electro Energy is commercializing its proprietary lithium ion and nickel-metal hydride technologies through a variety of channels. EEEI management expects to see significant revenue growth in 2008.

Additional information for this event is available at the conference website at www.smallcapconference.org. In addition, the presentation will be webcast live; the direct link to participate online is http://www.visualwebcaster.com/event.asp?id=42359.

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: Brenda Cooper 203-797-2699
SOURCE: Electro Energy Inc.

[mick]

hi stormy, good afternoon. thanx

RE:
Hi Mick, yes they have until 3/31 to comply with the $1.00 NASDAQ bid requirement rule. Hope you and yours are well.

Joe

answer: that's good for EEEI

[StormyMonday]

Hi Mick, yes they have until 3/31 to comply with the $1.00 NASDAQ bid requirement rule. Hope you and yours are well.

Joe

[mick]

i looked at the chart. TA a little weak. can you update me on their listing?

[mick]

hi stromy, doing o.k. family been busy with hospital visits etc. our son-in-law dad fell down and broke his hip.

been reading a lot.

[StormyMonday]

Got another 10k shares on the dip.How are you?

[StormyMonday]

I couldn't agree more with you and feel certain that big new contracts will be announced real soon. This one has a new pair of legs....

[downriver]

Same here. After hearing the WallSt.net interview and being Eric, David & Sons 2008 company of the year, this one is sure to move up. It's going to be a great year for EEEI.

[johnnywolf]

I am not sure. I am thinking that once they start full production early this year. The stock is going to shoot up. There is a similar battery stock in China GBT. It was penny than was ran up. I dumped it though.

[johnnywolf]

I am loading up on this stock. I have a feeling it is going to make a huge run up. They are going to start making cash and receiving orders.

[downriver]

Corporate Summary:

Electro Energy, Inc. engages in the research and development of battery technologies in the United States. It developed and patented bipolar cell and battery designs utilizing NiMH chemistry, as well as expanding development to include Li-ion chemistries. Electro Energy also offers commercial products, including components and batteries employing nickel cadmium, nickel hydrogen, and other sintered nickel materials technologies for military and commercial aerospace and satellite applications. Further, the company offers prismatic and cylindrical cell battery products. Its products serve military and space applications; transportation applications, including electric vehicles, hybrid electric vehicles, and plug-in hybrid electric vehicles ranging in size from bicycles to automobiles, trucks, buses, and rail applications; electrical utility power quality and backup power; and power tools, and lawn and garden applications. Electro Energy was founded in 1992 and is headquartered in Danbury, Connecticut.



Reasons to Consider this Stock:

Electro Energy, Inc. is dedicated to developing and manufacturing the world’s best batteries for an array of applications

The Company boasts an impressive pipeline of battery products: Bipolar Nickel Metal Hydride, Cylindrical and Wafer Cell Lithium Ion and Super Ni-Cd Prismatic.

Battery products used in various markets: military, aerospace, utility, automotive, power tools, and lawn and garden devices

Bipolar nickel metal hydride has been developed with funding by the United States military as well as the Department of Energy, according to CEO and president Michael Reed; the product is supported by 9 domestic patents and 11 international patents

Reed said the energy storage-rechargeable battery markets are growing at a swift rate due to the demand of cell phones and notebook computers, to hybrid and electric vehicles and large storage devices for utility applications

“The bottom line is that people in this mobile society need more and more energy in a smaller, lighter, more powerful, and less-costly package,” said Reed

Electro Energy possesses the only high volume, U.S.-based manufacturing facility for lithium ion cells in Gainesville, Fla., according to Reed

According to a recent press release, the Company was awarded $2 million from the 2008 Department of Defense Aerospace Propulsion and Power Technology bill for continued development of its battery technology and applications

U.S. Senators Chris Dodd and Joe Lieberman helped back the Department of Defense bill in order for Electro Energy to gain funding

Exceptional management team on board

Potential contracts with the U.S. Air Force could be worth up to $4.6 million in the next 5 years, according to Reed

Recipient of the 2007 Frost & Sullivan Emerging Technology of the Year Award for Electro Energy’s bipolar battery technology, according to a press statement

Recently the Company used the hybrid Toyota Prius to demonstrate its bipolar nickel metal hydride technology so that the vehicle could run solely on electricity, according to Reed



Conclusion:

The emergence of mobile technology has been occurring for some time, and there is no sign of it slowing down. That is why Electro Energy, Inc. prides itself in developing the world’s best batteries. The Company is competing with the likes of top Asia-based businesses which have had the upper hand in selling top-of-the-line battery technologies to the likes of the U.S. military and aerospace companies. Electro Energy wants to change that, so that buying domestic products are not only affordable for U.S. establishments, but also reliable. President and CEO Michael Reed said he is aware of the growing need for alternate ways to store energy and that is why his Company is on the right track to making breakthrough battery technologies. “With the U.S. dollar exchange rate moving to the levels it has recently, we really have a renewed competitiveness of U.S. manufacturing,” said Reed. “With our domestic manufacturing capability that we have in Gainesville, Fla., which is very highly automated, we believe we can compete with anybody in the world from a manufacturing-quality-cost standpoint now. We believe that the opportunities are there and we just need to execute our plan.”

[downriver]

Featured Stocks on Today's Edition of The Analyst's Review: T, VZ, S, AMX, Q, SURW, NIHDJanuary 2, 2008 11:53 AM ET advertisement

A recent interview with Michael Reed, President and CEO of Electro Energy,

Inc. EEEI is also available now at WallSt.net (www.wallst.net)

NEW YORK, Jan. 2 /PRNewswire/ -- The Analyst's Review is a daily podcast hosted by WallSt.net editor, Henry Truc that airs every morning at 9 a.m. EST on http://radio.wallst.net/profile.asp?id=193.

The show features informative interviews with Wall Street analysts on a wide range of topics including actively traded stocks, market movers, various industries, and macro economic trends affecting the market.

On today's show, Chris King, Vice President for Stifel, Nicolaus & Company discussed AT&T, Inc. (NYSE: T; www.att.com), Verizon Communications, Inc. (NYST: VZ; www.verizon.com), Sprint Nextel Corp. (NYSE: S; www.sprint.com), America Movil S.A.B. de C.V. (NYSE: AMX; www.americamovil.com), Qwest Communications International, Inc. (NYSE: Q; www.qwest.com), SureWest Communications (Nasdaq: SURW; www.surewest.com), and Nii Holdings, Inc. NIHD.

"Throughout 2007, we really preferred Verizon over AT&T, and that certainly worked out well for most investors over that time frame," King said. "We think that both companies are relatively fairly valued at these levels."

Hear what else King had to say about today's featured stocks by visiting http://radio.wallst.net. Click on The Analyst's Review -- Stocks in Focus: T, VZ, S, AMX, Q, SURW, NIHD to hear the podcast in its entirety.

A November 14 interview with Michael Reed, President and CEO of Electro Energy, Inc. EEEI (http://www.electroenergyinc.com) is also available now at http://www.wallst.net.

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 has recently acquired significant manufacturing assets near Gainesville, Fla., to accelerate commercialization of its battery technology.

Interview highlights include detailed discussions on the following topics:

-- transitioning from "being largely an R&D company to becoming a major
commercial enterprise"

-- market opportunities for the company's battery technology -- reasons the company's rechargeable bipolar wafer cell nickel-metal
hydride batteries improve on current standards -- how the company's recent acquisition of a manufacturing facility in
Gainesville, Fla., will impact its production capabilities

-- upcoming milestones for investors to watch forTo hear the interview in its entirety, and to read an in-depth report on the company, visit http://www.wallst.net/superstocks/superstocks_profile.asp?ticker=eeei

Read what others have to say about Electro Energy, Inc., or post your own comments on the company's message board at http://www.mywallst.net/forum/viewtopic.php?t=270.

About WallStRadio.com

WallStRadio.com is owned and operated by WallStreet Direct, Inc., a wholly-owned subsidiary of Financial Media Group, Inc. (http://www.financialmediagroupinc.com). The Web site offers free access to original content, and more than 150 business and finance podcasts from well-known business news personalities and organizations. WallStreet Direct, Inc. also owns and operates WallSt.net (http://www.wallst.net), a leading provider of timely business news, executive interviews, multimedia content, and research tools. Financial Media Group, Inc. also owns http://www.mywallst.net, a financial social network for investors, and Financial Filings Corp. (http://www.financialfilings.com), a provider of media and compliance solutions to publicly traded companies. The investment professional featured in this podcast and/or their firm may own securities in the companies mentioned in this podcast. We have received twelve thousand two hundred forty five dollars from Electro Energy, Inc. for media and advertising services. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.asp

Contact:
Henry Truc
WallStRadio.com
1-800-4-WallStCopyright 2008 PR Newswire

[HimAgain]

What is the projected high for this stock? Am I too late to jump in at .99 a share? If its going to like $2 then I want in but if its a stocks are going up like 20 more cent then I am content with just watching it and seeing what it does. Can someone tell me the deal with EEEI?

Thank you

[rockymtnman]

EEEI EDS's 2008 Stock of the Year

http://www.ericdavid.com/newsletter/mailer/eeei010108.html

[BlackThought]

that's a fat candle

[mick]

i appreciate this and will place in ibox as soon as it is printed.

happy new year to you and to all on EEEI

[StormyMonday]

Mick, All that action during the last 15 minutes. No news maybe a year end short cover? Whatever its a stand out for the strongest and best Battery in the entire world. The USA department of defense invested 30 million dollars in EEEI r&d and now the Florida facility is ready to roll in large revenues in 08 and beyond..... I feel your gonna have lots of new News in the I-box
soon. :)))

[mick]

hi stormy , yes very nice for eeei

happy new year.

i have my charts loaded.

[StormyMonday]

Up 45% today! What a way for you to end 07 Mick. Many congrats!

Joe

[mick]

o.k. , thanx.

[StormyMonday]

I watched that Movie Wall Street on cable the other day and that Gordon Gecko had one true saying about the Stock Market, I quote
"If you wanna friend then go buy yourself a Dog"

So true it ain't even funny!

GLTY

Joe C.

[downriver]

From The EricDavid newsletter regarding EEEI.


December 11, 2007

"I want to congratulate Electro Energy Inc, (NASDAQ:EEEI) on today's $18 Million dollar Private Placement of securities to The Quercus Trust Fund. Gross proceeds to EEEI totaled 8.1 million dollars I also would like to thank vFinance Investments who acted as placement agents. These proceeds along with The Quercus Trust as a strategic investor in the Company should lead to significant commercial revenue for the Company in 2008.
Today's share price drop of 20% is very normal with this kind of news. The market always shrugs and sells on dilution news, but remember folks this Company has very few shares outstanding of 28 million along with an 18 million share public float.If these shares had 100 million outstanding I would still love it and continue an Aggressive Buy Rating .I also feel this liquidity is desperately needed and that many more investors will be finding this stock in the near future making this an excellent time to look at these shares at .83"

Have a good night,

Regards to all

Steven Weiss
Publisher
The EricDavid Newsletter
http://www.ericdavid.com

[NorthShoreTrading]

Thanks covnvest...

[covnvest]

Mike Reed indicated at the last conference call that his first volume cell is ready for production. It's was submitted to UL for listing and other units went to customers who are testing the cell specs. UL listing is not performance testing. It's a check on safety requirements for UL testing. That should happen either by year end or January. Signficant production will get underway as orders are placed. This cell is their 18650 and will be the first volume unit.

I'm new to this board. Spend most of my time on Boardcentral on the GBT and ALTI boards but also EEEI, LTHU, and ZAAP. I've been checking this board and it seems EEEI interest is picking up here. I came in because EEEI was an early commercial partner for ALTI and their battery performance using nano electrodes is the best I've seen among the battery offerings. Time will tell but I think 2008 will be huge for all serious contenders. EEEI has the biggest plant in North America. It's an older energizer plant that has been revamped and is now ready to go. I'm long in all the above.

[NorthShoreTrading]

So when does EEEI begin shipping product??

[StormyMonday]

Sidelines????What are you gonna buy at $5.00?? Come on man we have started buying this @ .30 and this news is fantastic!!! They only have 28 Mil shares out and the 9 million in dilution will come out slowly! Over reaction by the market. I am buying 10k more here at .84 making my average at .41

[mickvonmerk]

more financial engeineering and still generating a negative bottemline. I will be on the side lines untill they go possitive

[Den]

Thanks Stormy..
I have it in my favorites..