Post by
ugluuak on Aug 23, 2022 10:49pm
Who owns what ?
Itochu press release states that POWER X owns what and where did it come from. Is this Control system the same as that designed over many Years by Eguana. If POWER X owns this same technology from Eguana why did Eguana shareholders not get a notice of the relationship and what benefit was derived by Eguana for the sale of these control technologies????
PowerX owns the proprietary technologies, including battery control and manufacturing technology and is planning to establish one of...........
ITOCHU participates in the manufacturing of energy storage systems through NF Blossom Technologies, Inc., in Japan while Eguana Technologies Inc., in overseas market and also
https://www.itochu.co.jp/en/news/press/2022/220803.html
Comment by
Jubatus22 on Aug 23, 2022 11:27pm
It's been announced way back as a technology sharing agreement when itochu invested in Eguana.
Comment by
ugluuak on Aug 24, 2022 8:26pm
Sharing technology is one thing but stating that you own it needs clarification. Did Itochu purchase Eguana's technology for the 5 million or was that an investment in Eguana go forward. If Itochu /Power X owns the battery controls, Eguana better clarify how that came about.
Comment by
Urbankowboy on Aug 24, 2022 8:48pm
Now there's a thinking man. I like that better put that to question in the next agm meeting in October. Makes perfect sense to me. Last time I checked they had patents it want and open source situation!!