Not much point in posting is there. Holding PWTC as a rainy day stock seems all that's left.
The court cases are a sham and smoke screen. The battery industry has known for years that AS works for PWTC and PWTC owns the battery patent. AS can't disrupt license negotiations. Those aren't even what PWTC's court case against AS is about. That's AS's naive counter charge after he was charged for breach of contract, trust and keeping equipment that doesn't belong to him. Probably the same innocence that got AS connected to the likes of LB and Bechtel in the first place, and not checking them out, makes AS think he can get patents and battery technology back. He can't.
Then why are contracts being scuttled? Probably on both the battery industry side and LB's side. The battery industry and its close ties to the oil industry doesn't want to see the disruptive PWTC battery technology in the market place. That would weaken their hold on oil energy, foreign policy and oil related economics, which run the world. And LB, as a representative of Bechtel, doesn't want to see contracts either. And making unreasonable demands in contractual negotiations. Demands he knows aren't going anywhere. Both sides are making unreasonable demands they know aren’t going anywhere. Just playing a game of going through the motions of negotiations. In my opinion of course.
It will probably be years before the now developed battery technology is let loose on the world economy. And who knows who is going to own PWTC by then, or what our share numbers will look like by then. I will hold my shares just in case. A rainy day stock as it were.
All in my honest opinion.
There really is no reason to post now, is there. Unless one still thinks there is hope for the foreseeable future - ie the next couple of years. But it is PRs coming out that let shareholders know there is activity going on behind the scenes. Which has to be followed up by sales and revenues to let shareholders know that the PRs are more than just sham and scam. Those aren’t happening. Shareholders are just waiting for smoke screen and sham court cases. That’s happening.
Unless republican backed judges return ownership of patents and technologies and in effect dismisses LB, when sees a company and its CEO is sitting on breakthrough technology for the world. Not going to happen! A company can most likely do that and get away with it. And how do you really know or prove LB is sitting on the technology. Especially after LB says
"Your honor, I am doing the best job I know how."
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