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Re: sumo tsunami post# 7928

Thursday, 10/18/2018 9:10:37 AM

Thursday, October 18, 2018 9:10:37 AM

Post# of 8214
Very basic summary of the CC:

Feel free to correct me or add on

1) Q1 and Q2 filings should be out in a matter of days

2) New CFO is in charge of filings from here on, based on his track record we should not expect to go delinquent again.

3) Government/DOD contract in the works for Bi-polar battery tech, currently being tested on a "government" project and looks promising. On paper "it fits all their needs" and "if it comes to fruition it WILL BENEFIT ALL OF US".

4) They plan on reducing their BOD size to cut costs

5) Company should be cashflow positive in 2019, but if not, for sure then by 2020. Lots of things in the pipeline, it's a matter of getting those contracts on the books.

6) "Putting words in Doug's mouth" Company has enough cash on hand to survive until the big battery deal with Polyone comes to fruition. This deal alone should be able to sustain the company for an extended period of time.

7) ~248 million current outstanding shares

8) NO PLANS FOR A REVERSE SPLIT

9) Will have another CC by end of year

10) Company is following through on cutting costs and increasing revenue streams. Exciting times are ahead!

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