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EthinV

08/20/08 10:56 AM

#992 RE: sundownz #991

Well, the CEO (Ron Durando) called me a few days ago after I emailed them suggesting a reverse merger with A123 Systems (who's actively raising money for an IPO). He forwarded my email to the head of their battery division and told me that they'd definitely look into it, as long as their two companies are a good fit. He also spent quite a while telling me about their technologies, and how they're expecting to receive some pretty substantial funding from the US Army for something they're working on for them exclusively. It is indeed pretty quiet at the moment. Not sure if I want to increase my position now or wait until some news comes out and volume goes somewhere.