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looks like they left some juicy little detail out of the 10.32 exhibit.if you search "exhibit 10.32 lithium technology" you can read through it and see if you can figure it out ;)
that is from the website so it is encouraging.
time will tell if the energy expended to create these unions actually gives traction to the share price.all the words in the world can not create synergy.the future will be a direct reflection on the dynamic capabilities of those involved.so far so good...
i think from now until june will be interesting
1. Lithium Technology Corporation Announces Strategic Alliance and Investment Agreement with Frazer-Nash Research Ltd. and Its Affiliates
a. test fleet of Plug-in Hybrid Vehicles
b.a certain number of Electric Vehicles for an Asian vehicle manufacturer
c.for the construction of a volume production facility for LTC's large format Lithium-Ion cells
d.LTC intends to supply battery cells to a range of electrically-powered vehicles
e.when the cumulative volume of contracts for LTC derived through the FN Group reaches approximately 100 times the current annual manufacturing capacity of LTC.
f.the Purchaser delivered to the Company at Closing (i) Three Million U.S. Dollars ($3,000,000) and (ii) an executed purchase order for 14,400 battery cells.
g. The Purchaser agreed to provide advances to the Company (each an “Advance”) up to an aggregate limit of Four Million Six Hundred Twenty-Nine Thousand One Hundred and Ninety-Eight U.S. Dollars ($4,629,198) (the “Commitment Amount”) through December 31, 2011
2.Further, LTC and a member of the FN Group have agreed to enter into a joint venture pursuant to the terms of a Joint Venture and Shareholder's Agreement (the "Joint Venture"), which will develop, market and manufacture Complete Energy Management Systems ("CEMS")
a.The intent of the parties surrounding the Joint Venture is to provide to the market a complete energy management solution for use in future electric and hybrid electric vehicle power trains
b.will share equally in the investment in and income from the Joint Venture
3.LTC will contribute its extensive experience with several other automotive applications for its battery cells such as Volkswagen's Flottenversuch, Karmann's electric vehicle, and eRUF's and DesignLine's hybrid buses
that is the only one i see from today jerry7, post a link if you have something else in mind.anyone else see anything?
this news ?
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7905020
In consideration of the Shares, the Purchaser delivered to the Company at Closing (i) Three Million U.S. Dollars ($3,000,000) and (ii) an executed purchase order for 14,400 battery cells
The Purchaser agreed to provide advances to the Company (each an “Advance”) up to an aggregate limit of Four Million Six Hundred Twenty-Nine Thousand One Hundred and Ninety-Eight U.S. Dollars ($4,629,198) (the “Commitment Amount”) through December 31, 2011
more thinkers here than talkers i guess :) but you may invite all the talkative friends you want as long as the discussion is cordial.
over the next few months.....
http://www.bristolcars.co.uk/
this looks interesting http://www.metrail.com/
prices are up,demand is up,supplies are up, but production is down
http://www.google.com/hostednews/afp/article/ALeqM5iI866uNu9n4kJEQRtOoM5zae3y9A?docId=CNG.eb63d08c46fc03277ee2b129a6b13866.711
http://www.guardian.co.uk/business/2010/apr/11/peak-oil-production-supply
http://www.sciencealert.com.au/opinions/20070808-16181.html
of coarse this might be a possible option http://green.autoblog.com/2010/11/24/racing-green-endurance-completes-16-000-mile-pan-american-highwa/
MY PICK IS LTHU .045
my pick is LTHU .O45
also may be forming a multi year double bottom
here is a better link on the fn car 'namir'
http://sportcar5.blogspot.com/2009/11/namir-hybrid-eco-powered-concept-cars.html
this is cool.....
strategic alliance with Frazer-Nash Research Ltd. ("FN Research") and its affiliates
test fleet of Plug-in Hybrid Vehicles with range extender
a certain number of Electric Vehicles for an Asian vehicle manufacturer
$10 million of fresh capital
for data gathering and refinement before embarking on mass production
FN Group holds an initial equity stake of 10.25%, which will increase to 35.00%
fresh capital will be used primarily for the construction of a volume production facility for LTC's large format Lithium-Ion cells
may represent a substantial value opportunity for existing LTC investors
http://www.frazer-nash.com/Application/application.html
you are correct! every time i have paddled a canoe i only used one paddle so i agree it will only require one "paddle" to succeed.
we are 1/4 of the way through 2011
"We have moved from a development and pilot-line production company to a small production business with our lithium-ion rechargeable cells and batteries. The strategy of the Company is to increase production capacity in 2011 by engaging in large volume cell delivery and battery assembly programs."
It is not necessary to change.Survival is not mandatory...
http://www.pbs.org/journeytoplanetearth/
it is worth watching 'PLAN B'
moving right along...
http://news.oxerjen.com/2011-volkswagen-vw-golf-6-twindrive-plug-in-hybrid-specs-and-review/
three years ago...
http://www.evworld.com/news.cfm?newsid=18547
leaf video
again with the oil thing
http://www.madhedgefundtrader.com/february-24-2011.html
http://www.madhedgefundtrader.com/february-22-2011.html
ok,at what level will batteries finally 'make sense'?
here is a presentation to help define things http://www.emc-mec.ca/phev/Presentations_en/SW/PHEV09-W02_MichelGauthier.pdf
in regards to the valence and phostec decision that was released today http://www.phostechlithium.com/documents/Press_release_17022011.pdf
ok,but please hurry,there may be very little we can do to keep it down
welcome aboard,it has been awhile since we have had a good strong run and now would be just as good a time as any.the sooner we get an announcement about this 'strategic investor' the better.
my pic LTHU .0258 CHART VIDEO http://ih.advfn.com/p.php?pid=ihvView&y=b1gjlN54pY4
designline still making progress
http://www.tradearabia.com/news/MTR_191702.html
http://www.trexa.com/ very interesting
jamese