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I wonder if it is possible to mine lithium from the ocean bottom?
Yes, very exciting to watch!!!!
Liquidity Services Ups Earnings 65% On Holiday Sales
By KEVIN SHALVEY, INVESTOR'S BUSINESS DAILY
Posted 05:56 PM ET
For about an hour Wednesday, it seemed investors wanted out of Liquidity Services (LQDT).
After the online auction reseller released a tepid outlook before the bell, Liquidity's shares fell 8% in early trading Wednesday.
Liquidity says it expects profit of 28 cents to 32 cents a share for the current quarter, its fiscal Q2. Wall Street had been expecting 37 cents, according to analysts polled by Thomson Reuters.
But an hour later, after company executives explained the outlook, the stock rebounded, and closed up 4.6% at 36.10.
"The initial sell-off was because investor confidence may have been shaken, with some thinking that growth was going to slow," said Daniel Kurnos, an analyst with Benchmark Co. "Comments by management put some of that concern to bed."
The company, in fact, actually boosted its full-year profit outlook.
"I think the dynamics people have to remember about our business, about the second quarter, is the seasonality," Jim Rallo, Liquidity's chief financial officer, said in the company's earnings conference call with analysts.
Liquidity auctions and resells online returned retail merchandise, so it generally has a strong first fiscal quarter, which coincides with the holiday shopping season, Rallo says.
And last June, Liquidity auctioned U.S. Department of Defense scrap surplus on GovDeals.com, which boosts its fiscal third quarter, typically the company's strongest quarter, he says.
But the second quarter ending March 31 can lag those quarters, Rallo says.
For fiscal 2012, Liquidity now says it expects per-share profit of $1.32 to $1.38, up from its earlier guidance of $1.26 to $1.32 per share.
For the quarter ended December 31, Liquidity beat Wall Street's estimates on both sales and profit. Per-share profit minus items soared 65% to 28 cents, beating analysts' consensus estimate of 27 cents.
Liquidity said revenue rose 35% to $106 million, beating analyst views of $102 million.
"If you believe the stock was worth owning before, then the outlook really hasn't changed," said analyst Kurnos.
The company says it's planning "to fund major upgrades" to its technology in the coming year. Rallo says those upgrades include warehouse inventory systems.
Liquidity CEO Bill Angrick said on the conference call that he's "very optimistic" about Liquidity's growth, "particularly with organic growth in our retail supply chain business."
Angrick says the company's growth might be spurred this year by recent acquisitions, including TruckCenter.com, which auctions transportation assets, and Jacobs Trading, which auctions manufacturers' excess inventory.
He says the company actively is looking for new acquisitions.
And he says the company has established "a number" of new relationships with big retailers.
"It's very difficult for us to establish early on in these relationships, because there are lots of things the client controls operationally," Angrick said. "But I think if you look at the fiscal 2012 outlook and beyond, we've never been more excited."
Liquidity Services, Inc. Announces First Quarter Fiscal Year 2012 Financial Results
– First quarter record revenue of $106.0 million up 35% – Record Gross Merchandise Volume (GMV) of $179.2 million up 41% - Record Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of $22.7 million up 105% – Record Adjusted EPS of $0.37 up 118%
http://investor.liquidityservicesinc.com/phoenix.zhtml?c=195189&p=irol-newsArticle&ID=1655144&highlight=
I looked at e-bikes today and there are some US companies making them. The one I want has 10 Amp Hours of power which is 500 watts and can be charged 500 times before replacement is necessary. So about a year and a half, if you charge it daily, until you need new batteries. The batteries add 6lbs. to your bike. It can reach 30 miles per hour. The price is $1200.00 and yes I am thinking of buying one for around town. I think the Chinese will be able to make them much cheaper and Galaxy will be at the ready to help them supply the millions of bikes that I know the Chinese will purchase like hot cakes. However, could you imagine changing car batteries after only a year and a half?
I want an E-Bike, those are cool!!!
Lithium Investment to Power Portfolios: Daniela Desormeaux
http://www.businessinsider.com/lithium-investment-to-power-portfolios-daniela-desormeaux-2012-1
Galaxy Resources has moved light years ahead
http://www.heraldsun.com.au/business/in-the-black/galaxy-resources-has-moved-light-years-ahead/story-e6frfinf-1226253902169
Thanks for the great information on this company, I'm in!!!
futrcash, thankyou for all the great information!!!
Hey I want to cash a check that big!!!!!
Yes Ener1 is filing for bankruptcy because they cannot manufacture cheaper than the Chinese. Also there is no demand for the Chevy Volt. The news is not good for the lithium industry that is spanking new for the short term. But I still think we are looking for high demand in the future. This is a long term investment. You buy this stock at its lowest prices and hold for the long term. In 10 years it will be a different story. They are already talking $4.50 a gallon gas for this summer as Iran threatens to mine the strait. My recommend is buy and hold.
http://www.politico.com/news/stories/0112/72098.html
THANKYOU FOR THAT, PRETTY COOL!!!
I signed up on Liquidatiors.com, it really is a wonderful concept in business they are operating. I like the marketing plan they have and I think they will continue to have success as we move forward.
If any goes to the convention, pawleeze bring us the highlights!!! I want to know everything they are doing, everything!!
Yes, the Chart is looking great!! Goooooo Western Lithium!!!!
Very nice chart, but waiting for pullback for accumulation. I think time is on my side here.
Moderator Post
Moderator Post
Great stocks usually lack followers on the boards I have noticed over the years. Sadly, mostly institutions are making money on these.
Great looking chart!!
The Lithium-ion Battery Glut Will Be Massive
http://www.altenergystocks.com/archives/2011/07/the_lithiumion_battery_glut_will_be_massive_1.html
Strong sales for 2011 Leaf and Volt shows bright promise rather than dismal flop
http://www.torquenews.com/1075/strong-sales-2011-leaf-and-volt-shows-bright-promise-rather-dismal-flop
yes I know and I will share but I am not going on my field trip until this summer. So you all will have to wait.
Okay I found it, thanks. It is actually called Kings River Valley in Humboldt County Nevada and you can reach part of the project by highway 293. Just type in "Kings River Valley, Nevada 89425" on your Google Earth browser and it will take you right to it. However if you plan to take a drive out that way, please be advised there isn't much of anything for miles around. LOL!
I am able to get to Humboldt County Nevada on google earth, but I cannot pinpoint the exact location of Kings Valley. Just for fun, I want to take a drive out to the mining location to check out progress. So if anyone can locate it, please give me the coordinates. I may have to drop into the local office and get directions from them.
I am jumping in; I hope the water is warm! I agree, this is a long term investment to accumulate and hold. It will be awhile until this company begins to make money, but hey you are at the ground floor!
yeahhhhhhhh, gooo lthu!!!
In a path breaking research, some scientists, with the help of a new technology, have successful augmented the operating life of lithium ion batteries 10 folds. In these highly efficient batteries, silicon nanowires are used as a replacement for carbon electrodes to store lithium ions in the anode. Silicon has the ability to store more ions than carbon. The anode of the battery can absorb the lithium without any damage with the help of silicon nanowires. On account of storing a vast quantity of ions, silicon expands (to almost four times its original size) while the battery is charged and it contracts when the battery is in use. Unfortunately, though the nanowires remain intact without any rupture, such frequent expansion and contraction destroys the anode completely within a short span of battery life. One advantage of these batteries is that they can be useful in storing electricity during idle hours. These batteries with amplified lifespan also have the potential to power portable electronic goods such as laptops. If earlier, a laptop operated just for 2 hours after being unplugged from the power source, using these new batteries, it can now last for 20 hours. An added benefit is that these batteries can possibly store more energy than a gas tank used to power electric automobiles.
It is expected to take another 15-20 years time before these new generation batteries are marketed, used in manufacturing sectors and eventually applied in designing and producing cars. To what extent this revolutionary technology will be successfully implemented to cater to and improve human needs in future, is yet to be seen.
Source: http://www.ecofriend.org/entry/revolutionary-lithium-ion-batteries-with-10-fold-increased-life/
I put my limit order in at .026 and the price reached down from .027 and made my purchase order filled. So just because the price goes down doesn't mean somebody is selling, it just may be me buying and getting my good deal. This was a great high volume day with an accompanied price increase, that is a great sign that strength is building for upward momentum. I am glad the price settled at .027 because if it closed higher it would have been above the bollinger band and of course that means falling back in a more forceful manner. The idea here is to have orderly stair stepping as the price rises. Any pushing and shoving results in loose price fluctuations and choppy sea saw action. We got some major players involved today and that bodes well for the little guys. Hopefully insiders buying on pre-good news before the release. Oh to be a fly on the wall. Could also be just guys who know how to play pennies well. At any rate, up is what we expect and hopefully what we will get. The weekly chart is looking so sweet as our candle is forming into an engulfing bull. Hopefully we can add to that bullish white candle and put .030 in our cap for Friday's close, is that too much to ask? If this happens it will send a signal to every penny stock investor for miles that our stock pps train is leaving the station and all aboard if you want to ride. Watch them oscillators closely and good luck to all!!
Disclaimer: This is not a pump, nor any financial advice, just one losers opinion. If you have anything negative to say, put a sock in it. Invest in LTHU at your own risk, if you lose your ass you will be painfully upset! Jumping off a building is not advisable unless you're a liberal!!
How Does Regenerative Braking Work? - every way possible to regenerate the batteries should be used here, this will lessen charging up over night. So adding an ugly solar panel to the top of the car would be helpful, someone please invent solar electric generating paint!! Charging in the son while it sits would be nice. I never park my car in my garage anyway!!
Toyota Prius pancake motor/generator (M/G) set
© Toyota Hybrids and all-electric vehicles create their own power for battery recharging through a process known as regenerative braking (regen mode). We've explained what regenerative braking is and how the process works in general terms, but many folks are interested in the deeper nuts and bolts of electricity generation. They understand that in a hybrid or all-electric vehicle the word "regenerative," in terms of regenerative braking, means capturing the vehicle's momentum (kinetic energy1) and turning it into electricity that recharges (regenerates) the onboard battery as the vehicle is slowing down and/or stopping. It is this charged battery that in turn powers the vehicle's electric traction motor. In an all-electric vehicle, this motor is the sole source of locomotion. In a hybrid, the motor works in partnership with an internal combustion engine. But that motor is not just a source of propulsion, it's also a generator.
Any permanent magnet motor can operate as either a motor or generator. In all-electrics and hybrids, they are more precisely called a motor/generator (M/G). But the technologically curious want to know more, and they'll often ask "How, and by what mechanism or process, is the electricity created?" It's a good question, so before we get started explaining how M/Gs and regenerative braking work in hybrids and electric vehicles, it is important to have basic knowledge about how electricity is generated and how a motor/generator functions. Take a minute to read How Motors and Generators Work2 and then come back for the low-down on the regenerative braking process.
So How Does a Motor/Generator Work in an Electric or Hybrid Vehicle?
No matter the vehicle design, there must be a mechanical connection between the M/G and the drivetrain. In an all-electric vehicle there could be an individual M/G at each wheel or a central M/G connected to the drivetrain through a gearbox. In a hybrid, the motor/generator could be an individual component that is driven by an accessory belt from the engine (much like an alternator on a conventional vehicle--this is how the GM BAS3 system works), it could be a pancake M/G4 that is bolted between the engine and transmission (this is the most common setup--the Prius, for example), or it could be multiple M/Gs mounted inside the transmission (this is how the two-modes work5). In any case, the M/G has to be able to propel the vehicle as well as be driven by the vehicle in regen mode.
Propelling the Vehicle with the M/G
Most, if not all, hybrids and electrics use an electronic throttle control6 system. When the throttle pedal is pushed, a signal is sent to the onboard computer, which further activates a relay in the controller that will send battery current through an inverter/converter to the M/G causing the vehicle to move. The harder the pedal is pushed, the more current flows under direction of a variable resistance controller and the faster the vehicle goes. In a hybrid, depending upon load, battery state-of-charge and the design of the hybrid drivetrain, a heavy throttle will also activate the internal combustion engine (ICE) for more power. Conversely, lifting slightly on the throttle will decrease current flow to the motor and the vehicle will slow down. Lifting further or completely off the throttle will cause the current to switch direction--moving the M/G from motor mode to generator mode--and begin the regenerative braking process.
Regenerative Braking: Slowing the Vehicle and Generating Electricity
This is really what the regen mode is all about. With the electronic throttle7 closed and the vehicle still moving, all of its kinetic energy8 can be captured to both slow the vehicle and recharge its battery. As the onboard computer signals the battery to stop sending electricity (via the controller relay) and start receiving it (through a charge controller), the M/G simultaneously stops receiving electricity for powering the vehicle and starts sending current back to the battery for charging.
Remember from our discussion on electromagnetism and motor/generator action9: when an M/G is supplied with electricity it makes mechanical power, when it's supplied with mechanical power, it makes electricity. But how does generating electricity slow the vehicle? Friction. It's the enemy of motion. The armature of the M/G is slowed by the force of inducing current in the windings as it passes over the opposing poles in the magnets in the stator (it's constantly battling the push/pull of the opposing polarities). It is this magnetic friction that slowly saps the vehicle's kinetic energy and helps scrub off speed.
Electricity-Generating Shock Absorbers - These are cool, while your driving the car, there is no reason why 4 spinning wheels could not be regenerating a duel battery pack system. Using power from one, while regenerating the other, switching back and forth as the car travels!!
Levant Power saves fuel by turning road shocks and vibrations into electricity.
By Kevin Bullis
Shock absorbers that generate electricity, which are being developed by Cambridge, MA-based Levant Power, can lower fuel consumption by 1.5 to 6 percent, depending on the vehicle and driving conditions. The system can also improve vehicle handling.
Levant has demonstrated the technology in road tests with a Humvee and will expand testing to trucks, buses, and other vehicles this summer. The shock absorbers look like conventional ones from the outside, except for a power cord coming out of one end, and they can be installed in ordinary vehicles by mechanics. They plug into a power management device that can also manage power from other sources, such as regenerative braking systems, thermoelectric devices that convert waste heat into electricity, or solar panels. The power is then fed into the car's electrical system to reduce the amount of load on the alternator.
As in a conventional shock absorber, the Levant technology uses a piston moving through oil to damp down movement. But Levant has developed a modified piston head that includes parts that spin as it moves through the oil, turning a small generator housed within the shock absorber. To improve vehicle handling, the power controller uses information from accelerometers and other sensors to change the resistance from the generators, which stiffens or softens the suspension. For example, if the sensors detect the car starting a turn, the power controller can increase the resistance from the shock absorbers on the outer wheels, improving cornering, says David Diamond, the vice president of business development at Levant.
The system performs best on heavy, off-road vehicles moving quickly over rough terrain, so the company is targeting military applications. The company has emphasized using off-the-shelf parts, where possible, to keep down costs. Diamond notes that active shock absorbers have failed commercially in the past because they were too expensive. What distinguishes the new system is its relatively low cost and ability to generate electricity, he says. The shock absorbers and control electronics will cost slightly more than conventional shock absorbers, he says, but in applications such as commercial trucking, the fuel savings are expected to pay for the extra costs within 18 months.
Lei Zuo, a professor of mechanical engineering at Stony Brook University, says researchers at Tufts University and General Motors have filed patents on their own electricity-generating shock-absorber designs. He is also developing systems of his own that use no fluids, only electromagnetic resistance. He says one of the biggest challenges in designing such systems is making them small enough to fit into existing vehicles, yet ensuring they are still capable of converting a useful amount of electricity.
Levant does not plan to manufacture the technology itself, but rather to license it to a manufacturer or create a joint venture.
Copyright Technology Review 2011.
"The United States has committed $2 billion in stimulus spending to help companies manufacture batteries."
Now we know the investor!! Wonder how much stimulus LTHU obtained!
Source: http://www.mckinsey.com/clientservice/sustainability/pdf/electrifying_cars.pdf
Interesting company, check it out!!
http://www.balqon.com/
If any LTHU investors live near LTC in PA, can you please contact Susan and take a video tour of the plant and post on youtube so we can all see what goes on there? I bet she'd be game for it too. Let see, do I know anyone in PA, naa.
Lithium Technology Corporation
5115 Campus Drive
Plymouth Meeting, PA 19462
At FACE, Theo developed a successful business and led negotiations that resulted in the acquisition of FACE by BDM International.
Maybe Theo will repeat his successes!!
FACE stands for (Factory Automation Consultancy Engineering). I tried to find any documents about Theo's work history at FACE but to no prevail. The company is located in the Netherlands and may have been privately held. Also before 1993, information placed on the internet was not commonplace as of yet, even less likely in the Netherlands.
BDM International Inc/DE · 10-K · For 12/31/96
Effective January 1, 1993, a new subsidiary, BDM Europe BV ("BDM Europe"),acquired two European businesses, FACE Industrial Automation BV and Logisticon BV, and merged them into a single entity called FACE, located in Eindhoven, The
Netherlands. FACE provides systems integration and technical services to industrial clients, primarily in the areas of automated distribution and
advanced manufacturing systems.
Source: http://www.secinfo.com/dQyb4.8d.htm
Theo M. M. Kremers
Chief Executive Officer, Director, Member of Executive Committee and Managing Director of Gaia Akkumulatorenwerke GmbH, Lithium Technology Corp.
Age Total Annual Compensation
57 $348,434 USD
As of Fiscal Year 2009
Theo M. M. Kremers has been the Chief Executive Officer of Lithium Technology Corp. since June 26, 2008, and served as its Chief Financial Officer and Principal Accounting Officer. Mr. Kremers served as a Consultant of Lithium Technology Corp. He co-founded MARC Global Holdings (formerly FACE) and served as its Chief Executive Officer and President. At FACE, he developed a successful business and led negotiations that resulted in the acquisition of FACE by BDM International. ...
EDUCATION*
Master's Degree
Technische Universiteit Eindhoven
OTHER AFFILIATIONS*
MARC Global Holdings
Technische Universiteit Eindhoven ANNUAL COMPENSATION*
Salary $348,434
Total Annual Compensation $348,434
*Data is at least as current as the most recent Definitive Proxy.
Source: http://investing.businessweek.com/research/stocks/people/person.asp?personId=3328817&ticker=LTHU:US
Business Associates
Associate via Company
BAKHUIZEN BAUKE LITHIUM TECHNOLOGY CORP
BORST CORNELIS J.M. LITHIUM TECHNOLOGY CORP
BOVER B.V. LITHIUM TECHNOLOGY CORP
CHADMIN B.V. LITHIUM TECHNOLOGY CORP
DE LEEUW BENNO J.G. LITHIUM TECHNOLOGY CORP
DREAMWEAVER B.V. LITHIUM TECHNOLOGY CORP
DU CHATENIER ROBERT L.O. LITHIUM TECHNOLOGY CORP
HEERSCHAP J.F.G.M. LITHIUM TECHNOLOGY CORP
MEEUWIS CORNELIS L.M. LITHIUM TECHNOLOGY CORP
MOL JOHANNES C.L. LITHIUM TECHNOLOGY CORP
MULDER FRED J. LITHIUM TECHNOLOGY CORP
RYDER TIMOTHY LITHIUM TECHNOLOGY CORP
VAN DEN BERG CHRISTIAAN LITHIUM TECHNOLOGY CORP
VAN DER MEE WALTER J.M. LITHIUM TECHNOLOGY CORP
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Source: www.lithiumtech.com
low volume pullback, nice, if it means anything on a penny stock. LOL
It's nice to have news but I think too few is not good and too much all at once is not good either. If we get news regularly, it will become expected and therefore not exciting enough to garnish investor interest. Pretty soon it will be, "Okay, we drilled another hole today, finally our 150th hole drilled in Kings Valley."