While I feel that I'm probably placing my head back on the chopping block of the anti - hasher lobby, I will try to answer your questions to the best of my ability.
Q1: I believe that catella was not finished with the deep cycle testing and the Swedish consortiun, Arctic Power< was prepared to pay the additional $40K needed to complete the testing, based on the positive results of the first series of tests, which they also paid for... about 10K US, I think it was.
Q2: the Swedes are still in contact with Wolf, to the best of my knowledge and will return to the project when someone other than LB ( WM is still their first choice ) is in charge of the company
Q3: possibly, but as far as it appears to me, as soon as they do their homework, and look into people's backgrounds, the interested parties abandon the project
Q4: WM was yanked from the job, because LB couldn't sell the stock with WM at the helm. His income source was cut off, and most of the "consultants" that were hired by LB wouldn't get the time of day from Wolf. WM was also asking far too many questions at the bank that holds PWTC's accounts, and people were getting uncomfortable. Was there ever a public company, in the history of the stock exchange, that had as many "consultants" help drive the price down, as this one?
In my opinion, this company was as close to production as it ever was, but LB called the directors and got them to vote out WM, because he was going to dump them all and put in a directorship that would benefit the company, rather than just sell stock to line their pockets. The only thing I know for sure, is that exchanging your Ferrari Modena coupe for the new convertible, must have been a costly proposition, and for a guy who never seemed to have the money to pay his bills, he didn't seem to have too much trouble paying for toys.
Q5: I don't think there was ever any intention to find a new president. That would make it too difficult to sell stock. LB learned that lesson with WM at the helm, I imagine.
Q6: the directors appear to be there just to rubber stamp LB's aggresive stock manipulation.
PS: I still believe the battery is a solid winner, and all of LB's patent filings aren't going to help him wrest the technology away from AS. I can't go into specifics, but in my opinion, AS will win the patent case, and PWTC, ( without LB at the helm, or in any management position for that matter ), will remain as the company that develops and markets the battery.
For those of you who claim that I was pumping the stock, I defy you to find posts where I tell people to buy the stock. I merely reported what LB fed me, because that was my job, but I always accompanied them with a disclaimer when I wasn't sure of the facts. I saw the battery in action, I personally worked at BCRI making the plates, and the BS that I relayed from LB, (whether it was about financing, co-manufacturing agreements or test results ) seemed like reasonable claims at the time, as far as the development and manufacturing of the batteries was concerned. The batteries did exist, and they impressed all who saw them, especially me..
On that note, what I'd really love to see is for a forensic audit to be done of the company's books. When WM took over and asked for the books, there were quite a few pieces missing, I understand LOL..
LB is the CFO... you do the math
I'd love for LB to challange this post, legally,... then the books would have to be opened up to scrutiny.
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