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This from the poster who was crying "DON'T KICK NEAH WHILE THEY ARE DOWN !" That is classic ! Did it finally start to hurt?
If i was certain that the company was shuttering I would have sold.
I am not certain, that is why I have not sold my remaining shares and instead added a little, not much but enough for my risk tolerance.
You however, seem bothered by what other people do, which is really not any of your business.
If you have not noticed, someone has been buying up a lot of shares...absorbing the dilutive shares being dumped. it has been happening for quite while.
I just happen to think something interesting is coming down the pike.
If I lose, I'm not gonna cry about it and rant at D'Couto here, I'm sure he has no interest in this stock board.
I am not gonna scream for a "miracle" , just waiting to see if they actually have a battery, if it is as good as they say it is and as affordable as they say it is.
JMHO
Bill
NPS2008 you are very certain of the end being near, does this mean you bailed out of this stock completely ?
Bill
This would be Sean Huff's profile ?
He was one of the last NEAH employees with technical credentials.
He used to work for EaglePicher Technology as a research assistant which is a huge battery manufacturer.
The results remain to be seen. Hoping for a positive result for once.
JMHO
BiLL
That is the million dollar question. Why are they being quiet and for so long, meaning no communication at all, not even answering emails anymore and they have in the past.
Maybe that is the initial order of 100 Batteries stated in the March 10q.
My take on Artilium is that they have partnered with Tritente as a way to break into those markets. Tritente being the political gateway to facilitate the entry. If you are in the planning stage then you will not be buying batteries yet.
The creation of Micro-data centers may make construction ramp ups and completions faster once they actually embark on construction.
Also for manufacturing runs of 100 larger batteries may take someone different than the Beaverton, Oregon lab they are working with. Hence maybe the Pittsfield connection ? There are Lithium-Ion battery manufacturers there.
It is all speculative at this point, but a fun game to play as "what if ?"
JMHO
Bill
I was not able to buy at .0003 the last two days. I capitulated and bought at .0004 today.
Bill
That's why I said they will only have a leg to stand on if they have verifiable data from the analysis of a reputed National lab.
The grant they claim to have applied for will pay for that. That is only if they are selected, however even if the DOE does not pay for it, they could pay for it themselves if they can get a loan to do it.
No one believes D'Couto any more, any money invested here is a gamble with high odds of losing.
I am not trying to get anybody else to buy, don't care what anybody else does.
What you choose to do here is your business, same as anybody else. I choose to buy a large amount of shares with a small amount of money simple as that, much like going to a Casino and plunking it down on blackjack or a horse race.
It is possible that this company is already shuttered and we have not been notified..heck anything is possible at this point.
JMHO
Bill
While we can point to many factors as being key to NEAHs past failures the biggest factor is a very simple one.
Price. Fuel cells for the advantages they provide are very expensive, and this is what keeps many companies from purchasing them as a power solution.
Telecom companies alone buy thousands of Diesel generators which need air permits, use diesel mainly and are noisy and pollute. Yet they are purchased over fuel cells mainly because of price. Relion only sold to Sprint because of DOE assistance programs which were subsidies to spur uptake.
NEAH at its death bed, has made a strategy change late in the game to develop a "battery" instead, in order to create something that is marketable. This is a wide shift but a needed shift.
My current bet and not a large one at that, is that if they can come up with a battery that is at least twice as good as existing, they can finally begin selling a product.
As for funding, think about it, would you want to fund NEAH currently with only some maybe very expensive fuel cells to offer ? I wouldn't, the past failures there are very telling. However if they have a Reliable power dense battery that is affordable then the potential changes.
They will not have verifiable, solid performance information on their battery until they get the deconstruction analysis done by the DOE ( actually by Argonne, but paid for by the DOE). This will give them a leg to stand on.
So my gamble is that they can last long enough for the DOE project to happen, maybe be able get a loan if they can secure a contract with Artilium Africa and be able to break into the battery business.
This is not a case that if they had something they would be successful now orhave a contract in hand, they claim to have a product that is better than most existing, nobody believes claims like that without proof.
JMHO
Bill
Mine did not fill. I will put it in again tomorrow same price.
Bill
There is no way to know what battery company , but I suspect it was Polaris Battery Labs, they have the capability, expertise, and they have programs to help battery startups get up and running.
They sign NDAs with customers so no info will be available from them if they are the company that NEAH is working with.
Since NEAH had stripped their employee base they would have needed someone to build the demo units they claimed in the March 10q.
Will keep our fingers crossed that something is coming down the pike.
Bill
Found this on the Facebook page for Tritente Global as a hint as to timelines, they are saying:
"Artilium will Expand its Footprint from 20 to 40 Countries in Five Years. See more on the exciting developments at the link below!"
Of course the link below is the same story we have all read over and over about the agreement between Artilium and Tritente.
Those two companies seem to be serious about the expansion. Maybe they will drag NEAH along for a taste of success.
Its too bad that NEAH will not corroborate these stories, but then maybe there are some fiduciary failures at NEAH as pertains to the common shareholders as has been implied by others.
My 1,000,000 sh buy @ .0003 has not been filled.
JMHO
Bill
I put up a buy for 1,000,000 at .0003 will see if it fills.
Probably the only buy I will try to make at these levels I am not totally convinced NEAH will succeed, however a $300.00 dollar bet into my IRA is an acceptable experiment. The last time I bought NPWZ for that account it was at .001 and i only spent $400.00.
Bill
May be a sooner timeline than I originally thought.
Paul Delkaso, CEO of Tritente and Managing Partner of Artilium-Africa said:
“Our plan is to bring the Artilium-Africa solution to every African country mobile operator, MVNO business, educational institution, Government entities and every cell phone holder”. Mr. Delkaso who is based in the Washington DC area is in Africa to establish operations in the first of six countries.
In contrast to the traditional large-scale mega data centers, which consume massive electricity, Artilium-Africa expects to have 10-20 times more energy-efficient, micro-data centers spread throughout each country. Most will be powered by renewable energy and include next-generation energy storage.
Found on Artilium Africa website news. Not "sponsored" paid for by NEAH.
Bill
It is at approx 7:44
Ha ha 10,000.00 is the seed that will grow into the 20 million dollar beanstalk, uh supposedly.
I have searched to see if NEAH has a chance in a million to survive.
The Artillium Africa datacenters hold potential for battery sales as backup systems have to be large, however, when will they build them ? Where will Artillium and Tritente get the financing to complete this ?
They claim Billions of dollars in contracts mostly in power generation, however nothing appears to be getting implemented or financed now. Is this another type of scam ? Tritente is not a public company so they do not sell stock.
Artillium is an MVNO..."mobile virtual network operator" meaning they re-sell someone else's service without having infrastructure of their own, EXCEPT they would need datacenters for interfacing to other providers networks and for billing etc.
This does not create new services, which Africa is in need of.
The head of this does claim to be in an agreement ( vague ) with NEAH.
Why did none of the insiders dump their shares when they had the chance ?
The last insider to dump shares according to the filings was William Shenkin back in 2014.
D'Couto and NEAH have been quiet for closing on 30days after his trip to the Middle East.
So they may have something significant to say soon, whether good or bad I have no idea.
My investment is down 95% even with past double downs..not ready to sell, and total loss at this point compared with recovering what is left are not much different.
JMHO
Bill
The DOC has been traveling for 8 years with no result.
He is pumping his battery but nobody has ever seen it.
A mystery lab may be collaborating but won't be announced until the DOE submission receives a grant.
Unlike many other DOE grants this one seems to be set up like a tournament with semi-finals, finals and then the award. Unlike other DOE grants and funding opportunities this one just keeps going.
Most other DOE grants were set up as submit in feb and grants announced and awarded in June.
Does this stock act like this company has an industry changing product ?
I would think that they could have secured financing if they actually had some potential, yet here we are at .0002/.0003. and no financing.
I will believe it when news comes out..and this co is so quiet it could already be dead.
JMHO
Bill
Feel free to buy up the float if you believe this is a good investment.
Nobody else here wants to lose more money.
Bill
.
NEAH proudly announced that their proposal was a semi-finalist ..not a finalist so there is further to go and more time to wait..as always with NEAH.
So they announce this on July 8th..then they stopped tweeting at all about anything. Is anybody home at NEAH ?...as far as I know there is only D'Couto and the accountant...maybe the accountant looked at the books and just quietly tiptoed away.
This does not act like a company on the cusp of success, this acts like a company that had a final spasm on the 8th.
"Neah CEO Chris D'Couto travels to Middle East to discuss funding interests. Company update expected next week. Stay tuned!"
The above was tweeted...then they announced the SEMI-Finalist status and then nothing.
This is classic NEAH the insinuation was that the update would concern funding from the middle east and instead they just re-announce the DOE submission status with different wording.
This is a very dishonest company that misleads in order to sell stock in my opinion.
Bill
This is the difference between a buy and a sell, nothing more.
When we see a 300 million buys or more volume day, then that will be an indication that maybe something is up.
Current volumes and % moves are nothing more than manipulation by an entity and actually calculating the dollar amounts of the action it's not one that wants to spend a lot of money doing it.
JMHO
Bill
I will answer with another question.
Does anything D'Couto says come true ?
I read these PRs from Artilium. Who is partnering with Tritente and the ones from Tritente supposedly partnering with NEAH..
Normally we would see a NEAH Pr and discount because the other company does not announce the same thing.
In this case the other companies have announced these plans yet NEAH has not formally announced the deals. They tweeted and re-tweeted the articles however they did not come out and say they have a contract in hand.
Plans are just that...an intention to accomplish something. PLans do not pay the bills or keep a company alive.
NEAH needs financing first..to keep them alive while we find out if the Battery really does work as they say, is as inexepensive as they say. Then come the buyers.
I have not seen picture of the "MIRACLE BATTERY", have you ?
Did the trip to the middle east yield anything...who knows "ITS A NEAH THING"....we never find out.
JMHO
Bill
There is no guarantee that they will get a DOE grant, even if they did, the grant would be for the specific tasks described in the proposal.
The real problem is that we have no idea if that is really happening, as once again it is a NEAH hype, date set and then a vague " we are still in the running" extension of milestone that we have had from them.
In the past, this has happened only to have the said milestone never heard about again. ( Shorai ) ( Financing ) ( Silent Falcon) ( DRDO ) the list goes on.
The NEAH twitter feed has been silent since July 10, conspicuously after they tweeted about an update that week...
The Market Cap of this company is at an all time low...nothing really left to squeeze out of it.
Unfortunately none of the latest NEAH posturing was any different from that in the past...the silence after is also similar to that in the past as they look for a different angle to pursue.
The answer will soon be apparent as this company dies, there is not much further down left to go.
The other result is the miracle happens and they get a new lease on life thru financing or a grant, this scenario is the almost impossible one.
Hoping for the best and expecting the worst.
JMHO
Bill
I am not sure what your disjointed discourse actually means, however that was not an article.
One is what NEAH proposes to do in their supposed DOE project if it comes to fruition.
The other is a description of a process from Argonne's laboratory's website as to what they do that very few other labs in the world have the capability of doing.
To connect the dots for you...those two descriptions match.
Not saying it will happen but saying if there is a National lab corroborating with NEAH, there is a chance that this is the one due to the process described.
That will not be revealed until the DOE awards the grant, if ever. They may not; and with NEAH's track record its up in the air.
JMHO
Bill
My Take on the 3rd party lab that was working on the battery in Oregon.
We can never be sure which company was working on this for NEAH, however these guys seem to fit the services that NEAH would have needed with no employees at the end of last year.
http://www.polarisbatterylabs.com/polaris-laboratory/
If they actually have a battery that performs as they say, that is what will save this company and nothing else. The market is not there for fuel cells, but it is certainly there for batteries.
JMHO
Bill
From the last PR about the DOE submission and National Lab.
" In the battery submission, the focus is on characterizing the battery and performing a deconstruction analysis to determine methods to increase the energy density and / or increase the lifetime of the battery."
From Argonne National Labs
"Battery Post-Test Facility
Argonne’s new Battery Post-Test Facility (PTF) allows the laboratory’s renowned researchers to dissect, harvest and analyze battery materials from used and previously tested battery cells in order to identify for developers and manufacturers the exact mechanisms that limit the life of their battery cells. In the past, the cause of performance degradation could only be inferred.
The PTF is one of the few known facilities in the world capable of conducting this research, and the only one doing work at this scale. The new Argonne lab can handle cells up to 300 Ah, while other facilities like this are typically limited to about 1-2 Ah.
The facility is unique in that all its work, from dismantling the cell to harvesting and analyzing its components, is performed in one glove box. This keeps the air-sensitive battery materials pristine and intact, yielding more information about what’s really going on in the later stages of characterization and analysis.
Performing this work under an inert-atmosphere also guarantees that observed changes in batteries chemistries or materials are due to electrochemical operation, rather than sample manipulation.
The PTF complements Argonne’s Electrochemical Analysis and Diagnostics Laboratory, where batteries from both private and government-funded initiatives have been tested for more than three decades.
While its current focus is lithium-ion batteries, the PTF is highly flexible; its equipment can characterize materials from any type of battery, from lead-acid (found in most of today’s cars) to cutting-edge technologies, such as lithium-air."
Maybe D'Couto isn't fibbing on this one...who knows.
Bill
I have the same question, "who is doing the buying ?".
The total volume was approx 84 million sh traded so it was more like:
41.7 million buys, 38.3 million sells. 3.7 million ? or unknown. At least that is what the trades tool here on Ihub shows.
Yes there has been dilution as more shares are sold into the float, however someone is buying them or we would have an imbalance of sells to buys and when I have checked at the end of each day, more often then not there are more buys then sells. Someone bought 13.6 million sh at 08:01 on friday.
I am reluctant to buy at these levels because of the potential for complete failure here as the past has not been good to us. However someone else is not so reluctant.
Only time will tell.
JMHO
Bill
I hope that's not the totality of news for june...they were supposed to advise us whether they were awarded the grants and the name of the National Lab that was partnering with NEAH...not a "were making progress!" tweet.
3 more days....
Bill
My comment was not about crude oil, which is very cheap at the moment and available in great supply. My comment was on Ethanol.
Ethanol is a grain alcohol that can be made from fermenting corn,wheat or sugar cane, which are renewables. In fact approx 95% of ethanol produced in the US is from corn. Switchgrass has been put forth as an even better source as it can yield twice as much Ethanol per acre as corn.
So there goes the insinuation that Ethanol production is dependent on crude oil.
The molecular content of Crude oil has nothing to do with misrepresenting a need that may or may not exist. Nice try at redirecting from the actual subject.
JMHO
Bill
Ethanol from Crude Oil ? Seriously ?
Ethanol is a grain alcohol.
At the very least their fuel cell stack can move a car. Unlike the MVTG fuel cell which can move a light scooter downhill very slowly bearing a 125lb driver.
At the current speed of development maybe 10 years out for Mantra if at all.
JMHO
Bill
Oh yes ! The 45 minute jump to .07 that everybody refers to as the "Pinnacle"..I was at work that day and missed it, the stock ended at pretty close to the same price that it started at.
Lots of promises in those days.
.07 would be approximately 100 million dollar market cap....we are at 1 million dollars market cap.
I am hoping the specifics actually mean something is really in the works. I also wonder why the PR was not more widely announced.
Bill
Still, this is somewhat encouraging, this is the first time I have seen them put a figure to possible sales.
To then do a deconstruct analysis and improve on a claimed 5 times capacity would yield a truly marketable product.
Only time will tell.
Jmho
Bill
I alluded to this in another message in the past.
There is no further communication about these teaming agreements after the initial announcements. NEAH actually states it in their PRs as show below.
"Forward Looking Statements
Certain of the statements contained herein may be, within the meaning of the federal securities laws, “forward-looking statements,” which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, and Neah Power does not undertake any responsibility to update any of these statements in the future."
Shareholders do not know whether these Teaming agreements are ongoing or whether they have been abandoned. That speaks to the transparency lacking in the communications from NEAH.
I would like to think that the DOE grants if successfully obtained will result in the combination of NEAH tech with another companies tech to finally achieve a superior product. Otherwise why bother with a deconstruction analysis except to try to figure out where to
apply a different concept to improve performance.
Maybe we will get an answer at the end of June, its not a long wait anyway.
I do agree that new adaptations of tech can take years, however there does need to be communication that projects are ongoing, stonewalling shareholders is not a strategy that inspires one to purchase more stock.
JMHO
Bill
NEAH spent 50 million in R&D money. Not exactly frugal, while now D'Couto is being frugal it has nothing to do with his desire to do so, it is merely motivated by a lack of money to actually spend.
As for the measurement of success of a company, the very inability to create a product that no one is willing to pay for and is not economically viable, along with the inability to even keep an office open and employees working could be construed to be a failure or at least failing.
The fact that even so simple a thing as having an updated and accurate website can escape this CEO, shows a lack of focus and lack of personal pride in the business.
JMHO
Bill
The facts:
1. The price of oil. This will keep said revolution from happening in the next 5 or more years, as the price oil goes up. Shale companies will begin drilling again, keeping the supply higher than in the past and prices lower than in the past.
2. Fuel cells and fuel cell development are here, the creation of affordable fuel cells will be the nexus point in the adoption of wider use, not that other forms of power will become more expensive and thus make them economical by comparison. Pajarito Powder in New Mexico is working on non-platinum catalysts. Doing away with the platinum in a fuel cell will make it affordable.
3. Economies of scale will enable some of those said fuel cell companies get closer to the breakeven point and eventually towards profitability. In the meantime those other companies have built a reputation for fuel cells, have demonstrated various niches where there is no comparable solution and have established themselves.
If as you say D'Couto is purposefully keeping NEAH out of the business, then what is the rationale for spending money traveling all over the world, trying to create deals where he knows the economics aren't there to support the business ? We get back to the business of selling fuel cell stock and not fuel cells don't we.
There is a reason D'Couto cannot get financing, otherwise he would have it already.
jmho
Bill
I honestly do not think he is attempting to be fraudulent, I do think he has a loose relationship with the truth.
His version of the truth may be tied up with what he hopes will happen.
Not sure what is mucking up his supposed agreements with various other companies, but they don't seem to ever be fulfilled. There is no transparency, so its tough to speculate on the why's, all we can do is look at the lack of followup.
He spent quite a bit of money on the IP for the Formira HOD for it to go nowhere, what happened there ?
It's things like this that make me wonder if there is something wrong with the tech, or maybe he is wanting too much for licenses, or too many concessions from potential buyers that result in failed deals.
If he ever announces the national lab that is interested in his Battery and fuel cell then that will give his claim some legitimacy, a grant even more so. Without Grant and National Lab in hand, his announcement is hard to swallow.
JMHO
Bill
That's funny ! I think all of our presences here show a measure of incompetence. We were fooled by someone as incompetent as D'Couto so we cannot claim to be more clever than he is.
Your presence here indicates someone who has not actually spent money on the stock or there would be some regret and / or anger at the loss of invested capital. No one just happily averages down constantly in the hope that there will be a resurgence in stock price. In this case you would have been averaging down constantly for the last couple of years chasing this thing down.
Your blatant interest in convincing people this is a viable company which has just missed a few deals is misleading. They have missed all the deals. They didn't just change, they became or were always vapor.
Your thin skin is showing through, you have nothing to pump this pig with other than the price. So they asked the DOE for money, hundreds of companies do that every year. That's not an accomplishment.
Seems like D'Couto finally realized he doesn't have that good a product and needs someone to do some engineering for him. He probably cannot pay the University in BC any more, so he needs to find somebody to figure out what they did and improve it if possible and to also pay for it.
I can also read between the lines.
JMHO
Bill
Global Vision...more like nothing vision.
If the CEO of this company thought it was big enough to PR then abandoned the projects willingly then I guess we know why the stock is at nothing per share.
There is no current quantum shift about to happen with this, last gasp company.
Tectonica is not small, and products developed there would have been able be marketed to other defense suppliers.
However this is your standard deflection of valid questions never answered by the company.
You are actually the worst pumper I have ever heard spew drivel on these boards, you do a better job of making my arguments than I do.
Prospective investors can see your deflections and see there is nothing to be interested in here. TOO bad that "power phrases" and "buzzwords" do not sell stock.
jmho
Bill
Whats the matter ? Are you angry because the gravy train is over in a month ? Angry because you aren't allowed to EASILY find bagholders ?
You can qualify as a startup for that long if you are privately funded, but not if you have been a publicly traded company, specifically because of that dilution factor.
Don't even begin to compare this pig to Apple. THAT shows your credibility and intent.
THE failed engineers worked for the company currently at .0005, because they and it failed, they no longer work for this company except for one.
jMHO
Bill
What happened with Silent Falcon ? Pumped and never re-visited by NEAH, of course we know something happened due to the silence on that subject.
What happened with the October 2015 demonstration with Tectonica ?
We never got a report that is was successful, maybe it wasn't successful, maybe it never happened, either way we will never know due to NEAHs S.O.P.
When the opportunities for NEAH to demonstrate the validity of their products yield nothing but silence afterward, what are investors to think ?
When milestone dates are set by the company and continuously failed to be met, what are investors to believe ?
We have another milestone date set in the sand for June 2016. Will anything come of it ? Tough to say with NEAH's track record. If the grants are set to be announced in June 2016, for that NEAH would have had to have the proposals submitted in Feb 2016 , why did they not PR this then ?
The extreme PASS/FAIL test happens this month, does NEAH take the credibility dive into the crap tank or will they re-direct a failure into another strategic direction ?
Questions that will be answered soon. Unfortunately they have been answered in the past.
JMHO
Bill
Yes those stock are trading on potential, much like NEAH has in the past. When that potential is unrealized over and over and a stock is diluted to the point that NEAH was and then reverse split and diluted to nothing again.
Well, at that point the management of said company lose credibility and at that point they have to regain that credibility by accomplishing something. Not by wishing, not by having "pumpers" say "it has potential" sorry not good enough.
The quarterly reports say it all.
" The deployment of our business strategy has been delayed during 2016 by the availability of capital and our inability to raise sufficient capital to fund ongoing operations, sales and marketing and production. Assuming we are able to continue to obtain sufficient financing, we intend to focus on production and delivery of products to customers and sales efforts. "
There is a reason for the above statement by NEAH, they can't get a loan, because they have gone through the gamut of Venture capital investments then dilutive investments and now have no value to sell. That is the fault of the company.
This is not a startup..this is a failed startup with no credibility. all the pumping of hot air cannot change that. Legitimacy will come when NEAH completes a revenue bearing contract with another LEGITIMATE company and that other company actually concurs that such has happened.
JHMO
Bill
Nice spin, SPIN.
The stock price is all about the Market cap divided by the amount of shares available. That is controlled by the company ( shares available ) the downtrend in price is due to the increased number of shares in the float.
That is the dilution that you constantly tout does not exist, yet the float continually rises and the stock price per share decreases. You evince anger due to the inability of your bullspin to increase buying and therefore the price/sh.
However at the levels of available stock nothing can make the price increase except valid news, not speculation. There is a great dearth of valid news here, the only thing that will lift this stock permanently or even mid term temporarily is something that actually starts a revenue stream and we may never get that here.
The stock price being close to zero is not an advantage it is a valid sign that this company is in its death throes.
JMHO
Bill