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Monday, June 13, 2022 9:52:41 AM
Nothing that was stated in the phone call was incorrect. Evonik produced some CHS and it was shipped to their 'partners'.
The call states CHS was shipped to OUR PARTNERS.
We received many questions regarding Evonik CHS orders and our focus on CHS. First of all, CHS is a pillar in The Coretec Group’s innovations. It is our work with CHS that has led us to developing a silicon anode. CHS and our silicon anode are highly integrated. With this molecule, we can harvest nanoparticles for our battery development. In addition, CHS has many other applications, including semiconductors, photonics, and LED lighting.
Evonik has produced CHS for us, and it has been sent to our partners in Europe. The challenge with the European supplier is shipping the pyrophoric material to the United States. It is both costly and time prohibitive. Therefore, we searched for and found a domestic partner, Richmond Chemical. Regarding our pending orders, as soon as our production partners can ramp up and make the large quantities of CHS, we will be shipping and fulfilling our orders.
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