Lithium Technology Corporation (LTHUQ)

[Gbathat]

designline going public with $260M backlog!

http://biz.yahoo.com/e/091007/14232398-k.html

"For the fiscal year ended December 31, 2008, our revenue increased 56% to $28.8 million from $18.4 million in our previous fiscal year.
We introduced our hybrid buses to the United States transit market in May 2007. The performance characteristics of our hybrid buses, which include low emissions, quiet operation, improved fuel efficiency and reliability, have enabled us to rapidly grow our backlog and pipeline rapidly. We define backlog as all bus purchases represented by executed customer contracts, whether or not we have been given a "notice to proceed" by our customers. As of September 30, 2009, we had a backlog of 533 buses (or approximately $260 million), consisting of 458 hybrid and alternative fuel buses in the United States and 75 diesel . . . "

Woohoo!