Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I'm not saying he didn't say he was greedy, however the main gist was the how and why NEAH would become XNRGI and go private.
And how NEAH would become a percentage of XNRGI, to make room for new financing to also have ownership.
It came true.
Bill
Go back and read his posts.
Actually what he said was that DCouto did not care about current shareholders and did not trust the markets to give XNRGI what he believed was a proper valuation.
That was the motivation to go private.
I really do believe they need to be private to hold off any hostile takeovers and / or lose power to greedy investors. That already happened with NEAH.
Best to be at top speed when they re-IPO.
Hopefully they will be better known by then.
Jmho
Bill
Well, it actually matters quite a lot what happens going forward.
You were very cognizant about what was being posted by Redicousd and it has pretty much happened as he spelled out.
All of us have X amount of shares. So does DCouto,. So does Sidlo,. Reiman, and other legacy NEAH employees.
One day those stocks may be worth something. They might also pay a 10% dividend.
If you are that unhappy you can always email DCouto. I know some who did, asking about the stock going back to the transfer agent and he offered to buy their shares , at the fractional price of course, which is real robbery.
Jmho
Bill
Nobody here has been talking about trading this stock except for you.
Current holders of XNRGI are encouraged to see this getting some press that is all.
This indicates the business plan is moving forward.
While you are speaking to facts, I am not sure that those facts concern us at this point in time.
If what they say is true, then this stock will re-list one day. The stock will most likely be worth more per share than it was when it stopped trading.
Jmho
Bill
The possibility that shareholders here were correct and you were wrong is growing greater by the day.
This is private so there is no hope of influencing anything related to a stock price.
The only thing to do now is wait and see how these batteries perform.
Bill
Me too.
They have not explained that part. Maybe because it is not nailed down yet.
In one article it says Cross Border Power has licensed sales and distribution rights for North America.
In another the CEO of Cross Border Power claims her manufacturing facility will become a Battery Factory. Even if this were true, it would only be for one product .
I would think XNRGI would contract out manufacturing or even sell a licensing agreement for it to a single established Battery Manufacturer just for the sake of keeping Quality Control high.
They can buy the base battery material from Chip Fabs, but it still has to be assembled and encased in the various sizes and voltages.
That piece remains to be seen.
Jmho
Bill
To clarify, the reason I say the Grid scale in 2020 is that they have completed the licensing for those, so they may be the first product out.
It is possible that other smaller battery types may get licensed and be on the market sooner, D'Couto said "“We expect our batteries to be used in mobility products like motorbikes, scooters, drones, robots, and more in 2020,”
Is XNRGI holding back the EV batts till they have the Lithium Metal Air Battery ? Will they be able to develop one ?
Like I said, it is getting to be an interesting story.
jmho
Bill
Good article, DCouto clarified a few things.
Most likely Grid Scale in 2020.
Other products in 2022.
EVs later on.
They may not go public for a while.
Jmho
Bill
Yeah ?
Except for the fact that they were not truly silent, they were hitting the Battery Conference circuit and quite a few other conferences extolling the concept of their battery.
They were not either not regarded or taken seriously you can choose either one, they were even sponsors at few .
We are not privy to what they presented, however the people at those presentations were and yet the word did not spread.
The difference is the reins are now in the hands of someone who will use the power of Public Relations to get the word OUT.
The batteries are here, her company has them and who wants to advance to the NEXT LEVEL for half the price ?
The only thing that hasn't been said is, " I'm gonna make you a deal you can't refuse "
The spotlight has been turned on and all that is left is to build and install some batteries.
Jmho
Bill
There was never any information published from the battery characterization at Argonne National Labs.
The fact that there was battery material to characterize would indicate that these initial batteries from Polaris Battery Labs were not self destructing on initial or subsequent charge.
The video of the battery puncture test shows the single wafer battery holding charge and maintaining temperature while getting shorted with a nail which is larger in diameter than multiple cells.
There will be a host of scientists and engineers coming out to critique the concept because they did not originate it.
The batteries will work or they won't, time will tell.
I do think being private is a much better option for XNRGI during this stage of commercialization due to becoming an instant target due to the claims of not only increases in energy density , but the economics and recyclability.
Jmho
Bill
I think that there are multiple grounds for lawsuits.
My take, though is if the value of my stock eclipses my cost basis then I have no grounds or desire to sue.
Can people really approach this from a, " I should have made money here sooner " approach ?
There is no guarantee of success here , we are seeing a hype machine on the roll.
Jmho
Bill
Who knows ? We will have to wait and see what happens.
Bill
I don't think this will be going public anytime soon.
Most likely grid scale initial installs next year with performance proving out.
The fact that word is getting out may spur demonstrations to prove the concept by others interested in licensing the tech at different scale.
I still see them a year or two out.
Until then it is an interesting story to follow.
Bill
Well, since we do not currently have a value on the shares, the only way to give us 10% is to use # of shares.
I will take either/or until they re-list, which may not be for a while, most likely when they have the next generation ready for commercialization.
Bill
Yeah, we pretty much figured that part out long ago, the real question is whether the batteries will work as advertised.
Big claims and lots of eyes on it now, and more in the future.
Shareholders here questioned whether they were ready for prime time and we surmised that was the reason for silence, however they have licensed the whole of North America to Cross Border Power.
Cross Border Power has a very vocal CEO, a failure here would spell doom for XNRGI, so they must be ready or they would have stayed quiet another 5 years.
I just hope they honor the 10% dividend at the end of this year.
Still up in the air.
Vehicle Batteries
Laptop Batteries
Drone Batteries
Volocopter Batteries
jmho
Bill
This may be the beginning of a paradigm shift at XNRGI.
I just saw Sidlo tweeted about the Cross Borders article.
That makes a first for him. A tweet about XNRGI.
Next thing is dogs and cats sleeping together.
Bill
Yup, great find Spin. I had just about given up on ever finding anything on XNRGI.
Cross Border Power is a Canadian company which is good, just in case any version of the Green New Deal ever gets legislated in the US. Can't take over Canadian companies, I think this was by design.
If the batteries work as stated with those economics, we should see implementation ramp up.
I am also surprised that D'Couto finally got someone to bite on licensing the manufacturing and sales.
If we see success here, with the extreme hype machine that the CEO of Cross Border power is, the investors may push to go public again sooner.
I think the days of secrecy around these batteries is over.
Jmho
Bill
This was part of an Article published on June 16,2019
"The current CEO of a company called Cross Border Power, whose mission it is to solve climate change, the hardworking activist says that she and her employees will soon turn their manufacturing site into a battery factory.
“We will build batteries that are four times as good as the ones that power cars today at half the cost,” she explains of her new venture. “Batteries are the Holy Grail to solve climate change. I have decided that I will fight to my last dying breath to end the ravages of carbon dioxide that threaten the very existence of most life on our planet. We will solve climate change. In doing so, we will have to work with countries and people all across the world. It will require listening and empathy. As a result of doing the work to solve climate change, humankind will advance to a higher spiritual level. That advancement will benefit our children, our children’s children, and many generations of children to come.”
So they have been working on getting sales and distribution rights for a month or two.
I mis-stated the 4 times cheaper in my last post, it was 1/2 the price for 4 times the energy density.
Either way, we may finally see an XNRGI product in action this year or early next year. If they do work, then the ability to scale these down for various applications will move to the forefront.
jmho
Bill
I just got home and saw it.
That looks like a good way to come out of the closet !
Someone with a bit of political clout, who has run a utility and can recognize a competitive advantage.
Looks positive, also the Canadian investors and American investors is a surprise.
The advantage here is that Christine Hallquist can be the voice that D'Couto can not be, she has connections that can really move this forward.
"So Hallquist secured exclusive rights to sell and distribute the XNRGI battery technology to the North American power market. (These are rights that her company, Cross Border Power, which is based in Quebec, only finalized last week.)
I think:
#1 - she is a go getter
#2 - She recognizes an opportunity to be pivotal in Energy in a big way.
#3 - She will want to rub the naysayers noses in it.
#4 - This was published on the IEEE site giving it more viability than other publications.
I like this news, and still really dislike XNRGI Management, this one may have been taken out of D'Couto's hands by the Canadian and American Investor Group.
I heard from a couple of folks that D'Couto had offered to buy their shares of XNRGI for the fractional price most likely knowing this was in the works. That is the kind of guy he is.
I think more news will come out of this as her company moves forward deploying MW Storage with 4 times the Density and 4 times cheaper in North America.
JMHO
Bill
They delisted and are private. Won't answer questions on business plans, are supposedly concentrating on developing a market for a lithium metal battery .
It's not trading, legacy shareholders got taken to the cleaners on a 1 for 2 million reverse split and were then forward split 500 for 1 for some Class A shares.
The Class A have a 10% dividend they are supposed to pay, we will see at the end of the year what happens.
They still claim to be a Fuel Cell provider as of their description at the Big 5 Solar show at the end of last year.
Bill
Hey WOW !
Someone who isn't an executive.
I can hear em now, " yo operations manager we need more coffee, oh yeah and DCouto wants his E-Scooter washed.
Jmho
Bill
You are a funny guy . That was the float in 2016. They haven't updated the float #, since then.
Just another sign that this is a scam, pump and dump.
Always has been and always will be.
Fuel Cells are not economical. No money to be made. Just go ask the people at Fuel Cell , they built and sold Megawatts and now about all the way under.
Jmho
Bill
Yeah yeah, saw that one back in January, in case you don't remember that was around the time they were not paying the fractional, maybe they panhandled at that symposium to get the money to throw .00045 per share at longtime shareholders.
I think Sidlo just regurgitated the same presentation that he used at the Big 5 Solar.
D'Couto goes to a lot of meetings and supposedly talks to a lot of people and yet we never ever get to read that a mainstream company has ANYTHING to do with them.
jmho
Bill
Have to, don't have to. Does not make any difference to D'Couto.
NEAH stopped "sharing info" way before they went dark, and way before they went private. They just went silent then did not fill quarterlies and Annual reports before officially going dark.
I think their secrecy penchant has hit them in the marketing gonads.
Nobody with a battery agenda knows who XNRGI is.
Jmho
Bill
Bill
Sidlo seems to spend his days posting about other companies accomplishments along with a mix of environmental "sky is falling" sentiment.
Here we are 9 months after they reverse split and all they have done is continue Jacking around the stock.
All they have accomplished is the multiple postings of a video which looked just like the previous video under multiple titles.
What do we have to look forward to in 2020 ? Knowing these guys, MORE OF THE SAME...which appears to be nothing wrapped in a box of innuendo and held close cause it's a secret.
Jmho
Bill
If they made an announcement they would mess it up anyway.
Here they went to the Berlin Green Investment Summit.
Paul Sidlo's Bio
PAUL SIDLO, CO-PRESIDENT, XNRGI
PRESIDENT, CHIEF STRATEGY OFFICER and XNRGI BOARD MEMBER
XNRGI.COM
Ten time Emmy winner, innovator, fundraiser and entrepreneur, Sidlo has 16 US patents and has been the founder or manager of several internationally recognized firms, including Rezn8 and Tillster.com. These companies use emerging technologies for productivity solutions across a wide range of industries from transactional retail management and services to the development of solar energy systems and energy storage. Sidlo has been a consultant and strategist for corporations such as Citibank, Intel, and Microsoft Corporation. For Microsoft Sidlo Designed the XBOX UI. Windows XP, Surface and Microsoft’s Home of the Future.
About XNRGI
Breakthrough Performance Battery in a Safe and Scalable Semiconductor Platform XNRGI (exponential energy) has developed the first-ever porous silicon chip based Lithium Metal rechargeable battery technology with a 4 – 6X energy density performance over conventional Lithium Ion batteries and has a roadmap to double the energy density by 2012. XNRGI’s 15 patented technologies and 12 pending patents, were developed over a 15-year period with investment from Intel, Motorola, Energizer, the United States Navy, Argonne National Laboratory / US DOE Department of Energy grant for advance manufacturing and Novellus Systems, among others. XNRGI’s technologies enable scalable, high-volume manufacturing at the industry’s lowest cost, by using existing semiconductor wafer manufacturing and contract assembly which have been perfected in Silicon Valley over the past 20 years. This combination of original technologies and proven manufacturing processes provides XNRGI with an unprecedented manufacturing scale and at a low cost with minimal capex
In other words, we can invent the worlds greatest battery but we don't know how to proof read anything.
They do something like this every time they say anything.
jmho
Bill
It's possible, but I tend to think it is someone close to DCouto yet not as technical.
jmho
Bill
Again with the two weeks bullhocky. That is probably when people's stock starts disappearing from their accounts.
Jmho
Bill
What is so good about it ?
The Fuel Cells were not economical enough for them to follow through on. The catalysts were too expensive.
There are new Fuel Cell technologies that are much more economical coming down the pike.
Great, they have patent protection on something nobody is interested in stealing.
Jmho
Bill
Not sure where this supposed "inability" to hold this stock originates.
Maybe the more reputable securities firms refuse to hold a very disreputable security which is not trading and had questionable trading before it was taken private.
XNRGI could possibly be using this as a way to get shareholders to sell the stock back to them for next to nothing.
Who knows ? We are completely in the dark.
Jmho
Bill
I don't know for sure but would assume all stock is with the same Transfer Agent they have always had which is Corporate Stock Transfer out of Colorado.
Bill
Another poster countryboysx3 had posted a while back that his shares had disappeared from his account and when he called his broker they told him XNRGI was getting rid of his digital shares and sending him a hardcopy certificate for his.
Maybe this is the same thing but explained in a different way.
Sounds fishy to me.
Bill
Nope, regular stock market purchase.
I would think that the issuer (XNRGI) stating that the stock is required to be held at the transfer agent, would not be limited to only select brokerage firms .
This may eventually make it's way to ETrade and others.
The main question being, is XNRGI trying to pull a fast one on shareholders ?
Jmho
Bill
I just got mine too.
My mailman sucks at his job, I think he is a 2 day a week worker.
It says:
"based on the communication received from the issuer, the security in your account identified above ( CUSIP 984CNT014 ) is required to be held directly with the issuer's transfer agent. As a result, we are unable to continue to support the custody of these securities in your accounts. Instructions will be provided to the issuer within 30 days from the date of this letter to re-register the security into your name to be held directly at the Issuer's Transfer Agent. It may take additional time for the Issuer to effect the re-registration. Once the re-registration has occurred, you will see this activity reflected on your account statement with an entry that the position has been delivered off to the transfer agent. Going forward we, we anticipate that you will receive communications directly from the transfer agent regarding your holdings in this security. We will also send you a confirmation letter with the Transfer Agent's contact details so that you are able to contact them directly if you choose to do so."
So is D'Couto aiming for us to have zero visibility to our shares ?
The big question being why don't these guys leave our shares alone, they don't seem to be accomplishing anything other than maybe giving themselves the ability to "disappear" our shares without us noticing.
jmho
Bill
Yes,
I have seen it.
Bill
A friend of mine got a letter from Fidelity stating his shares will be taken back and held by the transfer agent, so they will disappear from his account.
I am waiting to see if I get one as I have some in an IRA.
Anybody else have same thing happen
Bill
So it looks like Pharris Media ( Patrick Pharris ? ) just posted a couple of XNRGI Videos on his Youtube Channel.
Same stuff that Sidlo has posted.
I guess that this is XNRGI's version of a media blitz.
Post the same 2 videos in 3 different places....its Systematic !!
If nothing else, MY expectations for this company have been permanently lowered.
JMHO
Bill
XNRGI can say it 1000 times, but if they never actually show it, no one will buy his story.
While I hope they succeed so that this will not ultimately be a failed investment. I have little faith in the XNRGI executive team.
They have presented many times at various conventions. Lots of charts, lots of rhetoric, lots of reasons why people need batteries.
Never any real time demos, the companies they are involved with always show a small flurry of news items/articles and then never anything again. You can tell that this is when they are campaigning for investment dollars.
Jmho
Bill
Naw, it's the same video every time. Too lazy to make a new video, they just shuffle the sequences around and give it a new title.
Yeah, not too sure what the purpose behind the regurgitated videos is, there are only about 6 of us who watch them and then scratch our heads with a confused look on our face.
Maybe they do it to have a milestone completed for the current business quarter.
On the plus side they say it has 6 times the "PERFOMANCE" yes they spelled Performance that way. Maybe trying to get some "Street Creds".
Bill