They might only have 10 batteries after 10 years...but the got a $10,000 deposit from some one.. and the complete order is for 100 or 10 times as many and this is all on the 10q...LOL
The Company entered into an agreement with a prospective customer to provide 100 batteries. A $10,000 deposit was received, with the balance of an additional $10,000 to be paid if seven prototype batteries pass tests and certification. Then the order would be completed for 100 units.
We currently are doing our battery development at a third party facility in Beaverton, OR, and the Company is primarily focused on the battery development at this time. We are using a variety of consultants for business development, who are located worldwide, and who are compensated based on commercial success.
They made 10 batteries and the the DOE test....wheres the news... Or who is sitting on the news and why.... This news should be out. Along with the results from the DOE Testing....