Does NanoXplore Exist? "The Street" Doesn't Think So . . .The Q1/2025 earnings report is to be released during November 6th.
There would likely be $500,000.00 or more worth of losses attributable to VoltaXplore. Obviously losses resulting from G&A expenditures for the employyes of a subsidiary entity that generates no appreciable revenues and failed at monetizing through actual efforts at commercialization NanoXplore intellectual property.
No downstream business derived revenues coming from that VoltaXplore enterprise investment endeavor.
Sheesh! What is that 1 MWh per annum capacity pilot plant facility being utilized as now? What has it been converted to? Hmm? Perhaps an exclusive nightclub or a private gambling den or shisha bar, lol?
Obviously, I am just kidding. It's a very good 1MWh capacity and R&D servicing pilot plant manufacturing facility, which may be utilized some day to produce very small "samples" runs of graphene-silicon enhanced battery cells/power cells for a industry customer willing to take a chance on NanoXplore battery chemistries and associated technologies.
On that note, perhaps Amprius Technologies representtaives would be looking for additional manufacturing capacity being provisioned by a comparatively very tiny contract manufacturer in VoltaXplore?
I know it wouldn't be a lot of revenues. Never the less, can producing 1 MWh worth of proprietary battery cells for Amprius Technologies be representative of a "profitable use" of said VoltaXplore facility? It would at the very least be a revenues source for VoltaXplore which could necessarily offset the out of control losses incurred by NanoXplore, specifically as attributable to the VoltaXplore enterprise relating expenditures?
It would be another very roughly $ 500 per quarter worth of ongoing VoltaXplore expenditures and no appreciable revenues being generated at VoltaXplore, in order to actually pay for NanoXplore's existence. - at least with a Shisha Bar operating leseee, somebody other than NanoXplore would be contributing to paying some of the frieght for VoltaXplore exiisting, lol.
I have to say that given the incessantly struggling NanoXplore share price, I expect Martinrea International representatives are regretting taking those $10 Million + worth of NanoXplore shares, which were provided by NanoXplore in exchange for Martinrea's previous 50% ownership of VoltaXplore.
Hurry up and wait. It's what we are doing here with NanoXplore.