Lithium Technology Corporation (LTHUQ)

[hagimallis]

Monbat has acquired 100% of all tangible and intangible assets of both Gaia and EAS and has merged both entities into the EAS Batteries GmbH based in Nordhausen. Monbat will be able to capitalise on the existing experience and expertise in the lithium ion field of both merged entities and will focus on upscaling the existing production capacity and commercializing newly developed cell technologies.


There it is "newly developed cell technologies" This is the only conceivable way I can think why we are still trading and Enersys will buy Monbat. Already Monbat is showing a poor balance sheet. This is usually done sometimes prior to a takeover so shareholders will think its a good deal since the company outlook is bleak. I can imagine once the new cell technology is installed in our old plants are up in running Enersys will step in. I wonder who is converting our machines to the new technology??? Enersys?? This is the biggest puzzle stock ever I think in history. Unfortunately, we may get no more that what were trading at today and get screwed.