Hasher, this co. is LB's piggy bank. He wants to cut a deal but only under very strict parameters that allow him to pull in his $150g/year salary. No deal will come between him and his 'salary'. Screw everyone else, especially the shareholders. That fukking a**hole doesn't care if the battery is ever produced. It's all about producing stock to sell. Get it? The only conspiracy around here is LB's.
hasher: I want to thank you for answering those questions. I'm sure there is considerably more that could be added but I think we all have the picture.
I find it comical as hell that I got my wrist slapped for inadvertantly doing a "free ride" with my broker recently which is a strict "no-no" with the SEC and yet they (the SEC) will permit scum like this to operate what's left of a company and manipulate it to suit himself -- totally at the expense of the shareholders.
I'm going out this AM to buy me a Slinky -- justto see it fall down the stairs.
Hasher, thanks and excellent post. That is a rendition of a lot of the facts, or hopefully the facts and I believe they are, that no outsider like most of us, couldn't possibly really know. The funny thing now is that PWTC and LB are going to be beaten in other ways too. Canada's EFL has that 200 mile range battery but Lithium and a car made by GM/Susuki. Which doesn't mean it will sell if hybrids aren't exactly being massed produced and they aren't. But back orders for hybrids are building up. And canada's APS, formerly KYC that had contracted with PWTC, has a prefectly fitted battery charger that chargers lithium batteries in 1 hour instead of 8 hours, and not the more slower 2 hours instead of 10 hours for lead batteries. Though lithium is more expensive. LB either better start wising up and make a stepping down deal. Or the court system better not extend the court case any more. Click on Maya-100 at top right hand corner of this website. http://www.electrovaya.com/