VLNC: Valence Technology, Inc.(fka VLNCQ)

[finbar99]

What about them? Berg owns roughly 1/2 the equity - all major inst. holders sold out late in '12, and they stand last in line for value given this is in Bk - it all hinges on if and at what valuation new investment dollars can be raised. I personally think Berg needs to onload a major partner, and I don't think he has much interest in letting them in at a cheap valuation below the claims hurdle. But that is just my opinion.