you can see from this that the partnerships take time to get a battery actually on the road as Solid Power doest have a battery on the road as of this quarterly report . You can read through it . So if Coretec gets partnerships with auto companies it will be a big deal for Coretec but it takes time from their for EV batteries . I think it will bee much quicker to get batteries into consumer electronics that EVs . Coretec did say they were looking at filing patents for consumer electronics as well . We need great battery data and partnerships and we can go from there. Hopefully that will drive the stock price up significantly . I might add that Solid Power of course is trying to get Solid State batteries on the road with Ford and BMW . Coretec is currently working with lithium ion batteries which are the go to battery today so our silicon anode is a plug in play so partnerships with EV auto companies who will use our Silicon anode will have an an anode they can plug into todays batteries and get them on the road much quicker . But all we need now is partnerships and a buyout or a licencilg agreement which ever s the most profitable ...I believe Coretecs stock price will climb significantly invade nearer term ...
Hard to compare them to Coretec, very different companies at different stages in maturity. SLDP has 178 million shares outstanding and lost 25 cents per share last report. Not exactly stellar performance. At one point I thought Coretec intended to acquire a manufacturing company to build their batteries, I wonder now if that strategy is scrapped and they are more or less bringing the IP to the table and letting the partner do the building. This might prove superior as I would say simply receiving license fees or royalties allows for a more consistent profit down the road but with either path if the tech is not up to snuff that profitability might be elusive. On the other hand if that IP is the new hot ticket then off to the races are we.
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