RE: Debt is gone but the outstanding shares!Battery Tech is interesting because of the leverage that comes with success.
As they move from earning royalties to selling batteries and battery packs and then eventually manufacturing the profit margins are huge.
None of the above was going to happen untill the debt got off the balance sheet.
I hope none of the dilution came as a surprise this morning the market has understood for months.
One or more breakthroughs in the OEM business will put them on the map.
In a year or two you will all look back at this financing and realize that this was a watershed for your company.
This technology will make the wireless revolution happen rather than the reverse.
Which one of you haven't wished to take your cordless drill or cam corder or cell phone and throw it out the nearest window because of the lousy batteries.
This company will change all that