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NEO Battery Materials Ltd V.NBM

Alternate Symbol(s):  NBMFF

NEO Battery Materials Ltd. is a Canada-based battery materials technology company. The Company is focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, it enables longer-running and ultra-fasting charging batteries compared to existing technologies. The Company is focusing on developing silicon anode materials, NBMSiDE, through nanocoating layers. Its three types of products, NBMSiDE-P100, NBMSiDE-P200, and NBMSiDE-C100 are manufactured through its nanocoating technology and are based on metallurgical-grade silicon with purities of at least 99.95%. It has developed a transformative and one-step nanocoating process to manufacture silicon anodes. Its material provides improvements in capacity and efficiency over lithium-ion batteries using graphite in their anode materials.


TSXV:NBM - Post by User

Bullboard Posts
Comment by JonnyJon Oct 04, 2012 11:41am
200 Views
Post# 20447456

RE: RE: RE: RE: RE: Shaking the Tree

RE: RE: RE: RE: RE: Shaking the Tree

It's unfortunate and any investors that may have been interested have most certainly moved on and based on the past year of great news with no SP change I'm not optimistic that any news no matter how good will make a difference now.

IMO I don't think BCG will recover from this even if they do cancel the consolidation and return with great results, it sends a clear message that they are willing to throw investors under the bus. I'd be pretty mad if I bought into that last PP and have this happen and to think anyone would participate in another PP after that is being pretty optimistic.

I own less shares now as I did last week and am holding the rest in the hopes of breaking even before the consolidation with a good news release and I am not being very hopeful at that.

GLTA

 

Bullboard Posts