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Tuesday, August 25, 2009 7:12:40 PM
I agree on the technology. But the 3 billion share count, their lack of marketing, and a suspect production capability pushed me over the edge. I sold all but a small portion when it ran up to ten cents the last time. I read the other board and a poster mentioned how LTHU won the designline contract by designing a battery to meet their needs. That's great for small deals, but for the company to be a major player, the cost of designing and supplying batteries for each customer is prohibitive. They need to mass produce a battery for a solid contract, otherwise they will stay a specialty niche supplier.
I hope this pans out for you, if it does, I should make a modest amount as well. So here's hoping Theo can get things moving for both of us.
D
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