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Yes, good to see that @XNRGI twitter handle. Only 6 followers, lets get some more followers, if something does develop it should show up here.
Does anyone understand these trades ? 180 shares on the day. That's a twelve cent trade pushing the stock down .0001 !!
It is not an anonymous "Doctor". I called the XNRGI number and Chris d'Couto answered. Simple as that.
My impression is that when they become public it will be as XNRGI. As for the details, I don't know. In hindsight there were many more questions I should have asked .
I spoke with Chris d'Couto this morning and the situation with Neah is actually as described when they went dark . There is lots of activity and he is still "busting my ass" looking for funding and keeping developments on going.
Lots of activity but no progress yet. When true progress is made they will come out of the dark and become public again.
He said he realizes how frustarting this is for shareholders, but it will be to our benefit, as the company can focus on sourcing funding and developing product.
In one way silence is golden. They are not wasting money "trying to sell stock". There is no speculation until something real happens.
Very interesting article. I'm not claiming there is any connection, other than the promises made by the XNRGI website fit the bill, but we've heard many promises before.
Tesla’s newest promises on Semi Truck, Roadster break the laws of batteries
To deliver on promises Elon Musk made last week, Tesla would have to far exceed what is currently thought possible
Elon Musk knows how to make promises. Even by his own standards, the promises made last week while introducing two new Tesla vehicles — the heavy-duty Semi Truck and the speedy Roadster — are monuments of envelope pushing. To deliver, according to close observers of battery technology, Tesla would have to far exceed what is currently thought possible.
link to full article:
http://business.financialpost.com/transportation/autos/teslas-newest-promises-on-semi-truck-roadster-break-the-laws-of-batteries
A liitle over a month left, then I'll agree with you.
Who do you think is running the show ? Board of Directors , of which d'Couto is one?
"As previously noted, the Board of Directors determined that it was in the best interests of the Company and its shareholders to cease being an SEC reporting company. Shareholders maintain their share ownership and retain their rights as shareholders."
Unfortunately, the rights of shareholders for a Nevada Corporation aren't too impressive.
I think d'Couto has really washed his hands of the whole PR side of things.
Paul Sidlo, as " Co-President and Chief Strategy Officer", is the one we should focus on.
As D'Couto said in that final gloomy PR ," The Company shall devote its resources to its core business, escape the "penny-stock" oppressive share price of the OTCBB capitalization and build real value."
What exactly he meant by that I'm still not sure
Good stuff Bill, maybe, just maybe, some dots are starting to connect.
The address was on the leaked website, phone number too if you want to call 425-272-2703
If Ballard and Neah are not comparable, as I agree they are not,why make a comparison, from any year?
Re: Ballard Power :You could go back further on that Bill,say to 2000, when many investors bought Ballard shares at $120.00 . In 2008 they'd be sounding alot like you right now.
They still would be.
Here is a link to XNRGI/NEAH in India Companies Info. Nothing really new about XNRGI Neah India, but in a different format and claiming to be current as of November 13, 2017.
https://www.indiancompany.info/company/xnrgi-neah-power-systems-india-private-limited/
This is all good. Neah has not reached Caveat Emptor status yet, maybe this will spur them on to leave the dark.
It is interesting that the leaked website had no mention of Bill Richardson. I've been trying to confirm that Michael G. Martin is vice president of Business Development and Dr. Slobodan Petrovic is Vice President of Engineering as stated on that website. Have you had any luck with that.
In any event it appears that Paul Sidlo, as Co-President and Chief Strategy Officer, is now orchestrating the XNRGI communications and not Chris d'Couto.
Let's hope this is actually going somewhere .
If a company is trading on the OTC without encumbrances I figure it is being traded by the public. There are companies that seem to do quite well for shareholders within this venue.
Admiitedly my knowledge of the technicalities is weak. That's why I follow your posts quite religiously and hope you will continue to post.
I still think there must be something going on.
No XNRGI listed as a company in Washington but "Glassdoor" does have 4 salaried positions for Neah Power in their database. Two for Lead Research Scientist, catalyst group,( a bit weird there are 2) 1 for Senior Process Development Engineer, and 1 for Power and Controls Engineer. A maximum payroll for all at $247,000.
Mind you, I am assuming this is current information.
Also I would like to address some comments made about going dark.
It is my understanding, "Dark" does not refer to deregistering from the SEC, it is a designation applied to a company under the OTC alternative reporting standards. "Dark" indicates there is no information reported by this company and thus the STOP sign is displayed. Next step up is "Limited Information" with a yeild sign, then "Current" which puts a company in a position to trade on the OTC without any cautionary indicators.
Neah will not move much until they attain "Current status" .
Some companies operate in the dark for years, others emerge from the dark as legitimate enterprises and become current and then re register with the SEC.
In my opinion, if and when Neah/Xnrgi becomes current, look out!
What's the point of discussing fuel cells ? Xnrgi/Neah is focussing on the Powerchip Battery.
I don't understand your motivation Bill, you flop around like a fish on land.
"Paul Sidlo has a new XNRGI video showing the safety of the battery.
They take a battery punch a nail through it twice ( normally would short the battery ) then cut the edges and expose the wafer material.
The whole time measuring voltage output which stays steady and temperature which stays steady.
This is impressive !
Bill "
I don't think it is a fake company. Xnrgi is Neah Power. Dr. d'Couto said at one point that they were going to change their name. Simple as that.
There is a new address in Bothel, Wa. It is a real address and Xnrgi/Neah seems to have more people on the payroll.
On the other hand, very unfair, indeed unethical to keep us all uninformed.
I just hope they are too busy working on something that will bring real results, but we all know, or should know, that hope is not a good trading strategy.
It is interesting too, that the CFO listed in the OTC company profile no longer works for Neah, I asked him . Yet when you email him @neahpower.com the email is sent successfully.
Who is reading those emails ? Does the company currently have a CFO?
I must admit, Neah is treating its shareholders very , very, badly. I wonder what Dr. d'Couto meant when he said , to paraphrase, we will escape the oppressive pennystock financing.
Well, no commentary is a change, maybe it is better than optimistic commentary.
They might be holding off for real news this time.
If the DOE or VTO did see something that would help Neah in making a deal and traction might take place sooner than we think.
I agree with you about former prospects, what about Shorai , just $1,000,000. needed and nothing since. That's still an ideal partnership .
I wonder why these other CEOs go on record as being interested and then nothing happens?
What happened to your earlier sentiments about the DOE 's bigger commitment to Neah's battery and not being concerned with their past ?
I agree. Coming out of the dark should happen when there is really something happening, not just MOU's or LOI's.
We are all aware of that . You could moderate your posting.
Someone sold 9,000,000 shares today in one trade. That's a pretty big chunk.
any ideas as to who and why?
Yes, status has been changed to " in progress"
I don't have an answer, perhaps someone with a password.
There is no evidence that board members post here. Any poster's history shows the opposite.
They have better things to do.
Thanks, every positive is good to see.
Neah did have the Buzz Bar product and they did sell them. The Indiego campaign was a failure but they still attempted to manufacture and sell product on their own. I had a Buzz Bar and was very happy with it. They did not sell many, and it ended up failing, but they TRIED.
For this reason alone I think their goal is to succeed and not screw shareholders.
Who is saying they met with Daimler and IKEA. Where are you finding this?
They have nine staff at the moment, according to LinkedIn. The stock price won't move much until they come out of the dark. They have to get rid of the stop sign on the OTC. I don't think they will do that until they have a deal of some sort.
I am finding the occasional reference to NPWZ New C stock, especially on marketbeat
.Anyone know what that is about?
Now that is speculation and not fact.
What's next indeed . Quite the ending to a quiet day.
A different link to XNRGI/Neah/Mumbai. The company Network through the two Directors is interesting, you have to enlarge it to read it.
https://www.quickcompany.in/company/xnrgi-neah-power-systems-india-private-limited
The newswire from May 17 is still available.
A great find , at least the two are linked publicly now.
Paul Sidlo is CMO and the video is all marketing. Let's hope there is substance behind it and results on the horizon.