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MFH55

04/04/21 9:25 PM

#702 RE: Country Squire #701

You are correct that the last earnings call touched on the RnD for Solid State Batteries and patents to apply to them. “The company doubled its R&D expenditures in Q1 fiscal year 2021 compared to a year before the company has added more staff to focus on areas of cell chemistry, solid-state cells, system design electronic firmware and software. The company is planning to increase its patent position in solid-state lithium ion batteries, fast charging and other areas of importance.”......... So in conclusion, the last quarter was momentous and historic for the company, because number one, the strategic sales agreement, which is and will be a massive company builder creates a globally relevant battery company; number two, our UL listing and unique competitive edge validating outstanding safety; the third, is the increased work on research and development and enhanced patent position in areas of solid-state batteries, fast charging and other key areas, plus the acquisition of a large quantity of cell assembly equipment; fourth, the preparatory work going on for listing in a major U.S. stock market.....