VLNC: Valence Technology, Inc.(fka VLNCQ)

[finbar99]

I was asked via private message to define a couple of abbreviations....I don't have premium membership, so I'm replying here....JCI is Johnson Controls Inc. IB is Investment Banker, in this case KPMG consulting and Roth Capital. NOL is net operating loss carry forwards, which make future earnings tax free. NOLs can't be sold outright, but under certain circumstances, especially in BK, they can pass with the business to a purchaser.