RE:Someone convince me to invest in thisFirst of all, you should dig more into learning about the structure of the lithium-ion battery and the current developments with materials. The coating technology is there to enable the working of the silicon as an anode material, so this isn't just simple coating but it is providing anode materials for EV batteries.
The market is not small at all, and I do not know where you are getting your information. Currently, the next step to increase the energy capacity of the battery is to implement silicon, and there are only a total of approximately 5 companies that have been able to mass-produce the material. The large ones include BTR, Shin-Etsu, and Daejoo. The market is currently estimated to grow by 70% yearly over a 5 year span, reaching a market size of almost 3 billion.
https://www.kedglobal.com/newsView/ked202109090001?lang=%20(bookbuilding)
You should not be worrying about the sustainability of the company when they are jumping into a blue ocean with interest from many players. Plus not just some random management team, but proven officials from LG, Samsung, and L&F. No beef but please do at least some preliminary DD and research before stating such untrue facts or claiming that this is a pump and dump.