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BatteryInvestor

03/29/17 7:46 PM

#359 RE: bylosellhy #358

I read the January press release. I don't find any reason to believe that it is any more truthful than all the other previous releases that have been proven to be full of falsehoods.

If Steve Barber wishes to restart his company in Hong Kong or Japan, this means a completely new strategy from the "made-in-America" selling point he was peddling. Furthermore his business plan is hardly unique. He has no special proprietary technology and anyone can buy cells from Panasonic or SONY and assemble battery packs. There are already many competitors who are established and in production, how does he plan to dislodge them?

Why would anyone invest in a company led by someone known for making ambitious claims that never came true? What is his track record? Lawsuits from suppliers who never got paid. Employees cheated out of their salaries. Even their Florida law firm cut off ties with the Barbers.

Fleeing the country to escape their creditors is not what successful and honorable businessmen do.