Lithium Technology Corporation (LTHUQ)

[hagimallis]

Notice he names specific companies who he has experience with. But when it comes to battery chemistries who are big players not one company is named!! Other than he worked on projects. I can't believe this new technology was learned by working with these companies that have never development their own technology! Now he is CEO of a new battery company with the latest technology?? Doesn't make sense to me and he has to many omissions and no information how he got this new job and where the latest technology came from and how did he convince 400 million dollars worth of investors on a concept that has not been reported in use and not tried and proven. I mean has anyone raised this much money and who would compete with China and all the other battery companies allegedly losing money and lend someone money today on such a wide scale?? Something isn't right here and it appears I could write a book based on many hypothetical situations. But, this industry is not a stupid situation where luck and opportunity is everywhere but is an exact science and the players know what they are doing that are selling batteries and big investors are cautious at this point after all the new and small players died! So whatever I believe Enerblu has its technology that is proven and it's protected by complex design. You would think Enersys would be all over this and themselves investing in a major scaled operation themselves!! But again this is where Monbat comes in. Obviously for some reason Monbat did not invest in the factories without the modern technology. Again this raises why did we give it to them and not just close the factories as i have said. I think this a another interesting situation not ended yet since Monbat still has disclosed the terms of the deal. What a story

"Mr. Elliott has worked with leading battery chemistries, photovoltaic and inverter systems for mobile and grid based systems. During his career, Mr. Elliott worked on projects with Ford Motor Company, DaimlerChrysler, Honda R&D, Nissan, Mitsubishi, SiemensVDO, Delphi, MagnaSteyr, Roush, Bosch, Hyundai Heavy Industries, Toshiba, Coslight, Yintong Energy, Microvast and others. "


He never mentions he worked with BASF, Panasonic. BYD, Tesla, Sanyo , LgChem .... These are the people selling most of the batteries. So actually where did he find this state of the art technology. In his garage? This would be a great story. lol