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Latest info in response to my email to

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frebeach   Thursday, 10/20/16 03:19:24 AM
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Latest info in response to my email to David regarding current status and future plans...(Still R&D to do)

Hi Dave

There's interest in the nanoparticle technology from some companies (licensing and/or a joint venture to make pouch cells) and I'm working on that more than anything. The companies I've spoken to (believe it or not, I can't say how many of them there are -- a long and silly NDA story) want to see it perform in ~100mAh, 1Ah, 3Ah and 20Ah configurations.

Another company, separate from the ones that want to see the technology in pouch cells, approached us and, if things continue to go well I will have a face to face with them in a couple months.

If a deal of some kind is made, I don't think it will happen before the new year. What the deal will be (e.g., license, JV, us depositing particles on their stuff, etc.) is up in the air right now, but I imagine they would want to license it.

David

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