The Stumbling BlocksRemember the two Tier One battery companies AMY was doing testing for a couple of years ago?
They are gone. Why? Because AMY's tech only works on chemistry specific designs. Change the chemistry and you need a new plant. Not cost effective. Larry, frustratingly stated during one of those podcast that AMY can't build 100 plants.
So it's licencing only, not so bad right? wrong. Still big companies have multiple chemistries, so they are going to want a one stop shop. AMY will pick the most commmon chemistry and build a plant and likely make money. But they will not be the big player Larry has been touting for years. AMY is already getting beat by Licycle and Lithion, who are true battery recyclers, not miner turned recycler.
There are always delays with Larry, and new requests. Because they are figuring it out as they go, where Lycicle for example already knows the map.
AMY rode the green wave but this is crunch time for Larry now that new investors have bought in north of 1.50 and are losing their shirts.
Hearing Larry rant about his market savvy (or lack there of) is not instilling confidence in investors. Predators traders are killing the stock....maybe, but fueled by Larry's inability to bring any decent news about the company. but but but we have patents....no one cares. Other tech is doing just fine.
You would be surprised who AMY is talking to. Some of the biggest names in the world in the battery business, not to mention local governments and other businesses. All these wonderful NDA's over the years have amouted to absolutely ZERO takers for a deal. Why is that? The tech is absolutely amazaing.....something is not right. and the stock shows.