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buckyboy

04/20/23 11:07 AM

#54210 RE: Charlie V #54209

I asked Rossi for clarification on where manufacturing will happen. Hopefully it's West Seneca.

That being said, IMO COR may not be ready for market this year. Just spit balling here. I have gone from very optimistic to pessimistic. I do believe the product will eventually hit the market. I think their long supply chain to China for these batteries combined with added testing after each change is accomplished lends itself to a very lengthy process. Do I think Rossi misled investors on the status and production start for COR? Yes, I do.

SOLIS is now earmarked strictly for OEMs. They were actively working with Hyundai.. We have no idea if they still are. Zero updates. IMO SOLIS may never see a truck bed. Not sure if OEMs will integrate the product into their production lines for 5.6 miles of additional driving capability on a prefect day.

Traditional covers can indeed get this company to the 50 - 100M gross sales range. Private Label contracts may help expedite this growth.

We shall see. The entire reason they conducted a R/S, got a NASD listing, and received 20M in capital (i.e. to push solar products to market) is now very murky IMO. SOLIS may be a bust. Again, we shall see.