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Bill_ENG

06/12/16 3:21 PM

#17822 RE: nojay #17819

I alluded to this in another message in the past.

There is no further communication about these teaming agreements after the initial announcements. NEAH actually states it in their PRs as show below.

"Forward Looking Statements
Certain of the statements contained herein may be, within the meaning of the federal securities laws, “forward-looking statements,” which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, and Neah Power does not undertake any responsibility to update any of these statements in the future."

Shareholders do not know whether these Teaming agreements are ongoing or whether they have been abandoned. That speaks to the transparency lacking in the communications from NEAH.

I would like to think that the DOE grants if successfully obtained will result in the combination of NEAH tech with another companies tech to finally achieve a superior product. Otherwise why bother with a deconstruction analysis except to try to figure out where to
apply a different concept to improve performance.

Maybe we will get an answer at the end of June, its not a long wait anyway.

I do agree that new adaptations of tech can take years, however there does need to be communication that projects are ongoing, stonewalling shareholders is not a strategy that inspires one to purchase more stock.

JMHO

Bill