Lithium Technology Corporation (LTHUQ)

[dlaserman]

I'm not exactly bullish on this stock these days, but I did notice this statement in a recent PR by Exide, who at least formerly had a relationship or planned relationship with LTHU. The PR is in regard to Exide expanding in the renewable energy / large storage arena, with a focus on Lithium Ion batteries. The items listed in the PR are in LTHU's sweetspot though they are not named in the PR:

http://finance.yahoo.com/news/Exide-Technologies-Launches-pz-1729774945.html?x=0&.v=2

"In addition to leading the new division, Reinert serves as Vice President of Strategic Planning and Business Development, with responsibility for evaluating product expansion and identifying potential merger and acquisition opportunities."

I think one of the only ways LTHU can actually become a player is to merge or be acquired by a company that has the ability to market their batteries, as LTHU has proven to be incapable of bringing their technology forward thus far. Maybe we'll get lucky and a player such as this will merge / acquire them, though I don't think my first choice would be Exide with their past history. The earlier PRs (sorry, long ago, no longer have any links) is what drew me to LTHU in the first place as I figured Exide's international presence would be a great boon to LTHU in terms of marketing, perhaps assistance in the production capabilities. That never came to pass. Does the PR signal the potential for renewed hope?

Pure wishful thinking on my part, though not out of line via past PRs related to LTHU and Exide. One would think LTHU is at least on the Exide radar for that reason.

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