Frank's Tea Party Revolt

[nerd86]

I have been considering converting a Volvo P1800 I've owned since 1963 into electric. Digging around for battery solutions I came up with lead acid, BFD; lithium nano A123 privately held, a stake by GE; and a company named Valence Technologies, VLNC. Everything about VLNC seems a little lke GTEM with the exception of a Director that buys a million dollars worth of shares like monthly. It has a 15% of float short interest, a bazillion PRs with lots of "potential".

If you know anything about electric cars, you know the EV1 died because of lead acid batteries. The environmental impact of enormouse numbers of lead acid batteries failing was more than anyone (Chevy)wanted to touch. Lithium Ion "paste" and "nano" are both said to be environmentally safe (Lithium Iron is suspect). The beauty of these two technologies is that of hi energy density and lo weight per watt. If VLNC is a bonifide producer they are sure to be a winner, just as A123 will be as well. I bring this up as a high risk, potentially high gain flyer.