"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...
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