It all happened in January 2016. Lith was beating down to .0001. Virium who was owed approx. 8 million dollars had to accept a plea deal for about 4 million.. However, they didn't want the money they wanted the technology. Somebody stopped them. Why? Who Knows. Where that money came to pay them off was not disclosed. Why?? Who knows? Then our stock sky rocked to about .015. Up 4000%. Why? Who knows. Later that year Monbat claimed they had been looking for a lithium battery technology for a long time. IMO that was not an accurate statement. As I explained in my last post I believe IMO that Enersys could not afford to have our technology get out of their reach because of the military contracts they were receiving. A definite embarrassing situation. How our factories were turned into private companies is another situation. Why Who knows? Enersys was giving a five year lease and after the lease they could renegotiate the contract or keep it intact with changes agreeable with each party.. That would be around Oct. 2017. Why we never heard about this. Why Who knows!
There is too many Whys and Who Knows!! After three bankruptcies two Chapter 11s and One Chapter 7. How can this stock still be trading! Who Knows! This is truly unprecedented and our batteries are up in the sky protecting us! lol And all the investors that got in to this stock more that ten years ago and held on are losing money. In the meantime Monbat the third largest battery manufacturer in the world is holding our technology. How can this be? WHO KNOWS!!!
Disclaimer.
Not all the statements I post on this board are facts, but mere speculation and IMO. Wish us all well!
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