Replies to post #8071 on Charlestowne Premium Beverages Inc. (FPWM)

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When management is questionable that is one thing. Though a very important thing too. But the battery product could still prop them up. However when the battery's comparable advantage is questionable and very unlikely now, that is another thing. That's where we seem to be with PWTC's battery specs. They just don't seem to come close to matching the lithium's battery specs. So far PWTC's lead battery has been made as an EV car battery or for EVs of different types. To convert it to a SLI or starter battery would require a completely different battery structure by PWTC.
From
http://www.vonwentzel.net/Battery/00.Glossary/
"Deep Cycle vs. Starter Batteries

Batteries are typically built for specific purposes and they differ in construction accordingly. Broadly speaking, there are two applications that manufacturers build their batteries for: Starting and Deep Cycle.

* As the name implies, Starter Batteries are meant to get combustion engines going. They have many thin lead plates which allow them to discharge a lot of energy very quickly for a short amount of time. However, they do not tolerate being discharged deeply, as the thin lead plates needed for starter currents degrade quickly under deep discharge and re-charging cycles. Most starter batteries will only tolerate being completely discharged a few times before being irreversibly damaged.

* Deep Cycle batteries have thicker lead plates that make them tolerate deep discharges better. They cannot dispense charge as quickly as a starter battery but can also be used to start combustion engines. You would simply need a bigger deep-cycle battery than if you had used a dedicated starter type battery instead. The thicker the lead plates, the longer the life span, all things being equal. Battery weight is a simple indicator for the thickness of the lead plates used in a battery. The heavier a battery for a given group size, the thicker the plates, and the better the battery will tolerate deep discharges.

* Some "Marine" batteries are sold as dual-purpose batteries for starter and deep cycle applications. However, the thin plates required for starting purposes inherently compromise deep-cycle performance. Thus, such batteries should not be cycled deeply and should be avoided for deep-cycle applications unless space/weight constraints dictate otherwise."

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One thing most should take to heart even if it still hurts for most, is that penny stocks should be a small percentage of one's total portfolio. Maybe no more than 10%. Not that a lot don't break that rule. And which doesn't mean some investors may put a large amount of money in them because they have lots of money. Ie they can afford to lose it, not that they want to lose it. By in large penny stocks are casinos where you can lose big as often as can win big. What are we arguing about then? We know the situation and score! Now it has come down to who is right or wrong. Not whether we can afford to lose the money. Which just shows that pride, allegiance, ego worth and wanting to be perceived dynamic and wise in judgments and decisions is more important than money often. However there are some here like Hasher seems to be, that have risked all for the sheer excitement and adventure of it all, and have to be commended and admired for their risk taking and daring. They got into the trenches with more than they could afford to lose. They just weren’t on the side lines rooting and cheering and getting their egos involved in outcomes one way or the other. Not that adventures trenches guys don’t want to win big money too. Cheers to you Hasher, WM and Snaper! I was a sucker it looks like, I must admit. Then my ego wanted to understand what went wrong in a more detailed way than usual.