InvestorsHub Logo
Followers 216
Posts 32534
Boards Moderated 3
Alias Born 09/10/2000

Re: None

Thursday, 09/14/2000 10:27:24 AM

Thursday, September 14, 2000 10:27:24 AM

Post# of 41875
Not on RB:

Looks like LITH just became an accumulate...

"Guys, If I did the math right you will get 1 new share of Llion for every 14.1 Lith you own and thus be betting on a $7.00 cost basis in new IPO late this fall.

Every Fuel Cell stock has gone up at least 5 times from the starting gate price with nothing going for them. Watch what these [ PRTN,TBD] 2 IPO do before end of month.

MHTX closed at $5.00 yesterday and has 124 million shares with one lucky sole selling 40million shares between $2.5 and $4.00.

Sky High Fuel costs should make this baby Fly!!!!!!" from email I got...and i agree...


From an RB post:

"ok campers just got back from the meeting . in short it was encouraging possibly mindblowing unfortunatly i did not have a pen or paper but the salient facts as i can recall in my inebriated & may i say upbeat state are as follows
1 ilion is set to list end of january 2001
2 migration of company from nz to us will take place october
3 sec filing will take plce oct -nov & then in pipeline to
ipo
4 merger with lith to take place soon after ipo at 15/1 conversion rate
5 concentration on distributable power area which wall street are all gagging over at the moment. they are talking a decent piece of a 2 trillion dollar industry & they arent joking
6 lith are working on 2nd prototype hev battery putting out as much as 10kw apprently it is scaring the staff as it is like sitting on a bomb
7 they are viewing hev market as blue sky but reckon they are 18months ahead of the competition
8 they have advanced cathode and annode tech which is cutting edge & already have the orders
9 lithium plants running at capacity
10 us banks falling over themselves to be named as illions listing bank
11 definate joint venture with eldor 25% interest
12 continuing to negotiate significant jv with major us corporate re distribubatle power
13 major venture capatalist wants to buy in

johannick was inspirational basically said was going to make anybody who sold out on ipo miserable by way of a skyrocketing share price they have plans 3-5 years down track following ipo

all i can remember for now "

Edgar has the new Q filed and dated today...

Made money on LITH before looks like we can do it again...do your DD and get back to me...



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.