"Word is getting around" can be applied to every PR ever put out by PTI that mentioned a connection toanother company, and there have been lots of them. Personally, I would rate the importance of this slightly above the PR relating to the Vancouver electric bike company.. I forget their name..
On an international level, Nuytco has more exposure, and is more respected, but if I was actually "testing" this battery (batteries??, prototypes?? where are they ??) I'd feel a lot safer testing them on a golf cart than I would in a submarine, if they were the sole supply of power.
What are they testing, exactly, and for what purpose? Do they have any prototypes yet and how many? I have many questions that I won't ask, lest I be accused of being negative.
The stock price reaction will indicate exactly how important this news is, I guess.. and that won't have anything to do with my stating that Nuytco is NOT in the battery testing business.
Assuming or hoping they may be.. is not good DD.
Lets wait till the end of the day before we start shopping.
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