Abound Energy Inc C.ABND

MOU signed

[postie1]

but with who? Mou means they are negotiating with some one ( it can also be a merger). 
The only announcement that means anything is financing and that is the only announcement that will determine  things.   From what I see in their model is  if they are going to build and sell but basically financing  with payback in a (royalty? how ever you want to describe it). But does that not mean a bigger financing or line of credit since these storage batteries are payed for over time?  There has to be something until money starts coming in (maybe a major share dilution)

[lscfa]

The MOU is for testing and development services. No financing required other than working capital. The revenue will cover salaries of engineers but there's really little profit in it for shareholders.