RE:RE:HILLCREST ENERGY TECHNOLOGIES SIGNS MOI Our potential collaboration with Hillcrest only relates to a single specific ESS application for one product we have in development for the renewable energy market. The key to the product will be our patented BMS technology and the technology from ANIGO will complement the product. In the event we do not pursue a definitive agreement with Hillcrest, we will continue to develop our ESS product,” continued Mr. Goodwin.
“Due to the momentum we have seen in our Company over the past couple weeks, we have been approached by several companies with similar technologies looking to collaborate with us. However, at this time, we hope Hillcrest can secure and validate the technology with ANIGO and, if they do, we will re-engage discussions towards a definitive agreement,” concluded Mr. Goodwin.
Pachuko wrote: this is actual news that affects acdc. a deal was in the works with Hillcrest and they have chosen to go in a different direction. Does not look good on acdc Looking forward to comments on this.