RE:RE:RE:RE:RE:RE:RE:RE:Better!Like you were both very patience people as I have been shareholder for about the same length of time. I did send the company an email asking about the demo unit mentioned in the last news release which I got a reply from V-Bond explaining that the demonstrator unit mentioned in the feasibility study refers to a scaled us setup complete with all the necessary equipment designed to operate at a higher throughput, such as 1 ton per day for the formal feasibility assessment. He also told me the U.S. Patent Office has published their pending application for the next-generation air classifier.
Now we just need someone to read the application and see the value of the unit to invest.
I also asked about the MOU with C4V his reply was there has been no change in the relationship. Our partnership remains active, and we received C4V’s BMLMP cathodes in mid-2024. In turn, we’ve provided C4V with graphite materials and electrolytes. Currently, we are testing C4V’s BMLMP cathode battery at a specified 0.33C rate in Solid UltraBattery’s labs. This testing pace allows for only 3–4 cycles per day, meaning battery testing takes significant time. As a result, we expect to share an update in 2025.
I connected with C4V’s President, Shailesh Upreti, two weeks ago, and we are targeting a review of all test data and determination of next steps in Q1 2025.
Like you I hope they are successful and from V-Bonds answers believe the company will be so I might add a few shares as well.