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Re: Ubertino post# 54

Monday, 12/28/2009 6:26:52 PM

Monday, December 28, 2009 6:26:52 PM

Post# of 5247
Do you have any real test data comparing others to Axion to support your case?

Axion does not need to tout nano at this time. They already proved themselves to players like the US DOE and Exide, a 1 billon dollar a year battery company that has signed a 4 year battery deal with Axion already. US DOE has dropped something like 6 DOE grants on them, 4 this year alone, IIRC.

Any CNT tech they are testing is being done in the lab, and used to boost their current patent protection for now.

Do a reality check, and look at how much capital Axion has spent in the last 10 years just to get this far, then ask yourself when and how long and much it will cost others to get where Axion is today, and Axion is not even making a profit yet!

I tried to take a brand new plastic-organic polymer battery technology out of the lab back in 1980, so I know how steep and brutal the cost curve for this tech and market is.

In the long run, you might be right, but in the long run we are all dead too.