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Finally, on this subject I think the judge told Enersys if there is any manipulation of our stock that all entities would be held liable and personally severally and jointly. IMHO This is why there is no volume. The MMs as I have said would short this to zero if they knew what was going on. But, as you can see they are trying to squeeze a few share as cheap as possible, not knowing themselves what the final resolve is. But when they do you will see a lot of volume upside or downside, whatever the outcome.
well this is classic story. They fudge the books and make it look like a bad situation and a stronger company comes around and "saves" the failing entity. Then, the stockholders run with the money! And everyone including the regulators think its a good deal. But in fact totally orchestrated.! Monbat is tightly owned.
Following the transfers during the first quarter Prista Oil Holding remains majority shareholder with 54.79%, including the stake of its related entity Monbat Trading (7.06%). Both companies are under the same control of Prista Oil Group B.V., which owns 100% of Prista Oil Holding and 90% of Monbat Trading.
The rest of the stock, 24.43% free float, is owned by more than 150 local and international institutional investors and more than 1700 individuals as it is among the most favored stock on the Bulgarian Stock Exchange. It is also among the most liquid stocks on the market.
It's almost a joke that the fact remains everyone including Enersys knows what's going on. And the big shots have there hands off this hot potato. IMHO The fact remains we are still trading. There must have been a deal cut. The debt holders were crying wolf but they couldn't shake us from their attempts and the judge must have said to the Arch boys ...You can't take the cake and eat it too.... So funny too. It's the only reason I have held so long I just couldn't see us being totally screwed at the end..
Financial
June 25, 2018
Dear Investors,
In May, 2018 the companies in the economic group of Monbat AD have generated consolidated net sales revenues in the amount of BGN 25 640 000 which represents an increase by 29.3 % compared to the consolidated net sales revenues generated in May, 2017.
The summarized data for the first five months of 2018 show that the companies in the economic group of Monbat AD have generated consolidated net sales revenues in the amount of BGN 111 391 000 which represents a decrease by 8.0 % compared to the consolidated net sales revenues for the same period of 2017.
The generated consolidated profit before taxes of the companies in the economic group of Monbat AD for May, 2018 is BGN 1 244 000 which represents a profit decrease by 59 % compared to the generated consolidated profit before taxes for May, 2017.
The summarized data for the first five months of 2018 show that the companies in the economic group of Monbat AD have generated profit before taxes in the amount of BGN 3 041 000, which represents a profit decrease by 80.90 % compared to the generated consolidated profit before taxes for same period of 2017.
In May, 2018 the companies in the economic group of Monbat AD have reached EBITDA in the amount of BGN 2 929 000 which represents a decrease by 34.20 % compared to the achieved in May, 2017.
The summarized data for the first five months of 2018 show that the companies in the economic group of Monbat AD have reached EBITDA in the amount of BGN 11 226 000 which represents a decrease by 51.5 % compared to same period of 2017
See if I am right.. Enersys(ENS) bails them out by the end of the year and we get closure.
https://seekingalpha.com/filing/4075532
Interesting read. This is one of my best hopes that we are finally paid off for our investment in our technology!
The Chief Financial Officer of Monbat Economic Group is the winner in Liquidity and Risk category lol
And they bought us at bankrubtcy lol It's almost one year (6/26) since they announced the purchase of out old factories and still we don't know how much they paid!! lol
Well there is some reason the bankrubtcy hearings have ended and the stock is still trading. It's all a waiting game as FTR (first time right) mentioned a year ago. We must either have something or waiting for some thing happen. You know market makers are not stupid. When they see a worthless stock they sell it until its worthless!!
An old post by our dearly beloved GOLD
GOLD mentions at the end the Bankrubtcy court is aware. I believe he made the court aware and GOLD could have saved us all from losing everything.
Goldshield
Thursday, 02/16/17 09:36:48 AM
Re: hagimallis post# 2541
0
Post # of 3817
It's very simple Hag, Our company has perpetrated a tax avoidance scheme called a "Dutch Sandwich" or a "Double Irish"
http://www.investopedia.com/terms/d/double-irish-with-a-dutch-sandwich.asp
Here is how it works and how LTC has done it,
How it works is an investment scheme to avoid paying taxes on licensing revenue. LTC used the "Dutch Sandwich" the first thing they would have to do is form a holding company in a country that supplies a place to have illegal revenue deposited and hidden from the authorities.
In LTC case our CEO Dave Cade partnered with a Dutch Company "Arch Hill" that created a licensing corporation in a tax friendly country like Switzerland "Dilo". From Dilo our intellectual property was licensed out and all the licensing revenue Dilo received Arch Hill would buy real estate in the Netherlands and then give a portion of it back to LTC where it would show up in LTC SEC filings as a "Loan". In return for this loan LTC issued to Arch Hill Shares in LTC. That's how we have Two billion Shares outstanding.
The Bankruptcy court is aware of this so it's await and see if anything is done about it.
https://finance.yahoo.com/news/biggest-electric-vehicle-battery-maker-014458029.html
and i wonder where they got the technology??
Why don't we launch a lawsuit. I am sure there is something there... our stock will go to 5 dollars!!
And it appears the case is over. There is no more meetings scheduled. I think I am right on this one. 2018!
Well, the last communication in bankrubtcy was in October...with Enersys conference call about getting more involved in lithium batteries beyond our last agreement ,, they stated in their conference call at the end of this year. The debtors have been awarded their money but does not say exactly when they will be paid.. What's interesting is the IRS has not been paid and it says in the filing that some of the proceeds to the claimants might be taxable so the IRS payment is pending. I guess two and two together make 4 and we will know by October? I mean the bankrubtcy court gave them one year to settle this and Enersys secretly told the bankrubtcy judge it will be done by October??I believe the next time we see steady volume over a period of days the end will come for all of us!
2018 will be the year....at this point something has to happen... sink or swim!
And this..
During our conversations with investors, some were concerned that EnerSys is behind the curve on lithium technology. This perception about lithium is not accurate and here is why.
This is a very interesting point.. But the fact of the matter Enersys has been putting our batteries up in space before anyone else.
I think we are holding ENS hostage until this is resolved.
ENS could have entered the automotive market anytime with the existing cells we have. But as far as I can see we own this space with them and there is no way out other than to deal with us for resolve!!
Lets cross our fingers. READ THE LAST PARAGRAPH!!
I would like to update you on our exciting variant modular approach to the new products generation. As we have communicated previously, EnerSys will be launching our initial modular lithium variant at the end of 2018 in the motive power market. This product is not just one item but is the start of multiple pieces of a broad product family or platform of products. The technology will be the same, but the applications will be very different. We are unware of anyone in our industrial markets that will have the quality and depth of advanced chemistry products as well as service that EnerSys will offer.
In addition, it is absolutely critical in the generation of Lithium-ion products to develop a supply chain that delivers the safer cells. The EnerSys Lithium technology will use automotive qualified cells, which mean we are using one of the more advanced and safer cells. We were able to create this sourcing due to the potential scale of EnerSys and the credibility of our technology group. EnerSys is showing our customers the company's commitment to safety leadership by being the first in the industrial battery market to adapt the ISO 26262 standards. This is the leading standard in the world for the safe use of lithium batteries and large battery packs. During our conversations with investors, some were concerned that EnerSys is behind the curve on lithium technology. This perception about lithium is not accurate and here is why.
One, we will be uniquely positioned in the market to provide a singular maintenance free stores customer experience that is agnostic to chemistry, allowing us to always provide the lowest total cost of ownership for their particular application.
Two, we’ve established a world class global technology center for our product development which will eventually house over 200 engineers and a collaborative setting designed for simultaneous process engineering. We are in the advanced stages of developing wireless charging, wireless data gathering, iOS and android apps, and prognostic algorithms able to provide user advanced notice of any issues. This will give our customers the highest level of reliability and uptime.
Three, most of the lithium battery development have taken place in consumer applications like the EV market. Lithium use in the industrial market is just beginning and in the early stages. Our customers frequently tell us, there is no other company in the market that will have the advanced variant battery management system approach of EnerSys.
Four, as mentioned earlier, we will limit lithium sourcing to credible suppliers of industry standard cell sizes with pack designs that can evolve as better chemistries come along. On the M&A front, we are very active in pursuing companies that complement our growth, product differentiation and technology development strategies. We are at various stages in negotiation with several companies and are hopeful to close a couple of deals this fiscal year.
https://finance.yahoo.com/news/china-rejects-us-charge-forced-110104674.html
"It was a lose-lose proposition for foreign investors, he said, and not just Americans. All countries would see their competitiveness eroded if China's policies were left unchecked."
Boy we all know this very well!
Lets hope we are part of this lawsuit!
You have to wonder. There is 7 million shares on the ask. Who in their right mind will buy these shares and who is the idiot trying to offer them?
You have to love this bullchit
https://www.wired.com/story/building-a-better-battery/
hey guys looks like we have some action today.. Maybe my June theory is right. The judge gave them one year to clean this up. 2.4 million bid at .0016 But, just now the bidder pulled his bid. I think the person was being careful not to drive thus stock higher and is waiting for a back fill
This EDF technology company mentioned in the article has used lithium batteries, however you can't see anything on their website about Saft and BYD in which batteries they have used nor any mention on lithium batteries at all.....or anyone's product they use.. long shot but as well all know all the news we ever got from this company was a surprise..
Couple of things..
Could this be in the works for us. Long shot but Verdant people have dealt with Trump in the past.
Enersys and Verdant both are located in California... Obama really dropped the ball with the battery consortium project. See what Trump does in the coming months.
https://www.usatoday.com/story/news/nation-now/2018/05/19/trump-administration-plans-solar-farm-near-joshua-tree-california/625910002/?utm_source=feedblitz&utm_medium=FeedBlitzRss&utm_campaign=usatoday-newstopstories
Another possibility is we are laying dormant and waiting for the right time to sue some people that have worked with and have breached various confidentiality agreements and stole intellectual property for their personal gains??
Are you guys ready for this. I can't reveal who sent me this, but you have to wonder how this could of happened!
I really have no idea. (bleep) asked me to join the company. I was intrigued by the concept. I met (bleep) on a trip to China. He flew back with us on a private Gulfstream jet. I arranged $130 million in financing for the company. Days before closing (bleep) caused some issues and the deal fell through. Then (bleep) and (bleep) and I all had a major argument. I left the company. I was only there for about 6 months. I was not there when LTC deal happened. I never read anything about the business. I really never looked back. Once (bleep) blew the finance deal I arranged, there was nothing left for me. I have heard rumors about various things. Including ludicrous accusations of me. Just never looked back.
How could we be bad financial shape and dealing with Frazer Nash at the time not accept this deal!!!!! This blows my mind. We could have settle with FN and this deal would have made us millionaires!!
The biggest question is now what is happening now!!
Well, if there are no trades today it will be the first time in history of this company with no trading in three days other than a reverse split situation.. Could we be in a reverse split now??
Nice spread this morning .0012 .0025 HOPE IT HOLDS!
“With the relocation of our headquarters to Lexington now complete, we are focusing efforts on establishing both our R&D facility in Lexington and Energy Innovation Park in Pikeville, KY,” commented Daniel Elliott, EnerBlu president and CEO. “Geotechnical work continues and is progressing on schedule. We are close to awarding the prime contractor for the manufacturing campus project, which will employ up to 875 workers, including engineers and chemists with BS or advanced degrees.”
It hard for me to believe all of this. They are building a battery factory. And they are looking for R/D people? And Mr. Elliot went to Harbin on behalf of Verdant and helped them with battery technology (I think but not sure what he did there but it in his bio on linderkin) and the news was taken of their website. (Verdant) Something is not right. I talked with him but when I got too inquisitive he stopped talking. He denied knowing any thing about us.. very hard to believe!!
This is like a comedy!! If anyone remembers the Jackie Gleason Show.."One of these days Alice!" lol Who's is bidding .0015??? lol Another stupid line and hook play?? Probably be bidding .001 at the end of the day! lol Probably the MMs were tipped off about regulators looking into scams so they tighten everything up to look legit!!
wow we have a.0015 bid this morning...lol
EAS will exhibit at leading international maritime trade fair from September 4th - 7th, 2018 Hamburg
Stay up-to-date with EAS, a leading proponent in the lithium-ion cell industry. In their latest press release, EAS announces upcoming exhibitions and a new global partnership, along with projects in the aerospace and aviation industries.
I can't see Enersys giving this opportunity away.. Still wonder why they just didn't close the factories.. Something is not right.
Goldshield would be rolling in his grave if he knew this!!!!!!
https://finance.yahoo.com/news/exclusive-chinas-lishen-plans-first-european-sales-office-114303907--finance.html
We gave Lishen our technology according to Goldshield's investigation!!!
And we had a cooperation deal with VW also! That disappeared! This all is very verry extremely fishy!!!!!!!!!!!!!!
http://www.miamiherald.com/news/business/article209563439.html
Here's where are investment went
https://www.sec.gov/Archives/edgar/data/804154/000119312504062411/d10ksb.htm
If you can't sleep don't see a doctor just read up on our company. And remember 15 years ago there was no company that had filed anything like this before in the history of peoplekind... Maybe Edison... lol.. I lost 70,000 after this filing when they declared bankrubtcy the second time. And don't forget the memorable reverse splits over the years to see our money evaporate. I think I lived on evaporated milk those years. lol lol
https://www.enerblu.energy/investors
interesting... Coming soon.
Let me see if I get this right
This guy Dan Eliot that has only told me he knows nothing about lithium technology corp because he left before the merger?
How can this be? He just happened to go to work with Coslight in Harbin China??
He just showed up there to help them with nothing to do with Verdant??
Coincidence?? Why was the Coslight deal erased from Verdant website?
He went there to help them with there battery development..
Now in the case of Enerblu. They raised 400 million for the factory in Kentucky and they have no investor relations established.
I can't find anyone that they sold anything too!
Like I mentioned before this situation does not make sense!!
Well.. looks like they are accumulating this very slowly and until they have the funds to get to the agreed sum they will take their time. There has to be some undisclosed agreement otherwise this stock would be worthless. The fact that the debt holders have been awarded money shows this clearly. Why haven't they been paid? If they cant be paid this stock would be at .00000001! Maybe a deal with our new technology with some of the scenarios I have listed. The only thing else is this is a forever bankrubtcy and we will never get anything for our stock. It's obvious if you try to sell a lot of stock this will hit .0003 very fast before the MMs steal the shares and either tries to sell them slowly at a higher price or someone is holding them for the an agreement with the court. If there were rules for coming out of bankrubtcy we would know, but unfortunately there are none!
either MMs are trying to lure some suckers .. The ask price is .004 Lets hope the story is over or something good happens. But, on my stock account its offered @ .0017
Well guys you can't say I am not doing my homework!! lol
This was posted on the Yahoo board by Fritz
As the only stockholder of LTHUQ here at yahoo, it is my pleasure to announce that this company had the vision to adopt the battery formula from the inventor Dr. Goodenough from a Texas University to license and improve and manufactur to sell batteries and to re-patent and re-improve to finally came up with the best lithium-ion battery around anywhere.
The problem is the greed an deceit of one or two or more, who knows, because the company suddenly more than 3 years ago , stopped communicating with the share holders and stopped filing with the SEC. Stock holders felt like mushrooms.
Fortunately some stock holders kept track of the dealings of some of the crooks and kept those documents as evidence. In the meantime the name Neil Bush came up over and over and some other names too. Of course, Neil Bush is one of the former president George Bush`s sons. Bad for george bush that it had to happen to him, that his son failed. In the meantime wheeling and dealing followed to cover up the bad deeds. Selling and re-selling and selling again among bankrupsies and re-selling again. Funny thing, the LTC/Gaia batteries showed up in many places in secreces just to keep the share holders in the dark. Eventually, the courts will uncover all the crimes committed and names will also appear. Who knows what happens with the share holders. The question is, are the courts honmest, free from covering up more and more???
The information is in their filings about my last post. Never made news in the media where I can find. And I guess its a coincidence our factories wound up with Monbat.?? Oh! But they only took our factories if they were updated with the latest technology that we all don't know about? This is like Hogan Heroes. "There has never been a person that is using our technology without shareholder being enriched!!" Just how did those factories not make any money and how were they transferred into private entities with our money! There seems a fiduciary responsibility claim here! And why has EAS relationship with Frazer Nash been omitted in their website. Frazer Nash is very quiet lately and never once stated where their taxi battery came from! But now there is new taxi company in Britain using the same concept as we developed! But like others such as Virium tried to steal our tech in bankrubtcy court. Frazer Nash spent two years trying to say they owned our company. lol Looks like Virium saved us from themselves lol This story how it could not be in the public eye is mind boggling!! Much like my Xybernaut I knew the patents were worth a lot of money but they took it into bankrubtcy made the company private then sold the patents!! I hope this latest stock action has meat to it because this story has to come to fruition or an end so I can forget about this multi quagmire!! There has been 400,000 shares at .0016 for almost a month and it appears it was taken out today. I hope it was not out of boredom that someone bought them because they were sick of seeing them there! lol And oh Verdant what happen to the shares of that company and where are our Arch hill shares??? lol
Enersys is very good at dusting their trails. They were fined 2 million dollars for antitrust laws in Belgian and Nederland's and with the Dutch authorities for unfair trade practicing. And I guess its a coincidence our factories wound up with Monbat.??
Lets hope that Trump is going to use our story for a propaganda theme to get this country on the right track. Already he has proposed tariffs on solar panels and lithium batteries coming from China. If my memory is correct when Neil Bush was involved with this company he sold/lent or knowingly stole the technology and it got into China's and for 250,000 dollars. If you remember how his father was so cozy with China at the time this all makes sense.This is my last memory of what was happening almost 20 years ago. Not sure if I ma correct. IMHO. But what a great story to lead for example and to take our latest technology and run without giving up trade secrets to anyone. If you do your research which I have done it's amazing how many people that follow our past principals that directly and indirectly worked with us over the years, they have 100s of people from China and beyond associated with them. You know the old saying apples do fall to far from the tree. And like my last investment Xybernaut whos some of the patents I invested in wound up in Google and Tencents platforms and the last fate they wound up in Alexandria Virgina after bankrubtcy. Like my LTC too. I don't think this is a mere coincidence but a conspiracy to hoard technology and grant it to the people they want and screw the original investors. Enersys, clearly entered the Lithium battery business using some if not all our technology and was later ordered to pay 25,000,000 to another lithium battery startup for allegedly screwing them. Where there is smoke there is fire and there just too much smoke here. Go figure Enersys just got a 60,000,000 dollar contract for the DOD. A few years ago Enersys in the conference call downplay this technology and said it was way to far off to make any money. I find it hard to believe that the Enersys deal was not brought up in the bankrubtcy filings behind closed doors and was cited a national security issue. It's a joke and with sadness to hear stories about technological trends happening in USA now when in fact China has been doing it for years!! Using our technology!!!!! We wait.
https://www.reversethecharge.com/full-notice/
Stories like these never make big headlines!!
was it still bidding .0016 at the close? How many shares?