InvestorsHub Logo
Followers 9
Posts 738
Boards Moderated 0
Alias Born 05/01/2005

Re: None

Friday, 01/26/2007 1:56:11 PM

Friday, January 26, 2007 1:56:11 PM

Post# of 12642
Hi all... my first post here. I've held shares in LTHU since last May, anticipating the company to work its way through the competition and mingle with the big players. It surprises me is that LTHU's volume has dropped each day this week following the president's State of the Union address. What particularly surprises me is that the president made a statement during his discussion on energy which directly reflected a portion of the LTHU news release that was issued the day before. From the State of the Union (1/23/07 - my bold): "We need to press on with battery research for plug-in and hybrid vehicles, and expand the use of clean diesel vehicles and biodiesel fuel". Taken from the news release (1/22/06): LTC delivered 95 cells used by the UC Davis team to build the battery for the converted plug-in hybrid electric vehicle (PHEV). Each cell has an output of 3.6 V (nominally) and a capacity of 45 Ah. The nominal battery pack voltage is 342 V, and with each cell limited to 4.2V, the maximum pack voltage is approximately 400 V. The converted Chevy Equinox is a plug-in hybrid electric vehicle (PHEV). This means that the battery can be charged by either a generator driven by the internal combustion engine (ICE) or a standard AC household electrical socket. From a corporate perspective, I would take the aforementioned statement from the president to be an unofficial endorsement of my product, and use it to my advantage. Who knows... maybe they will. Cheers and GLTA.
Q-reus

state of the union -
http://www.whitehouse.gov/news/releases/2007/01/20070123-2.html
LTC's news release (1/22):
http://biz.yahoo.com/bw/070122/20070122005377.html?.v=1

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.