Post by
Bookworm28 on May 04, 2021 10:45pm
Hmmm, where's the promotion for EV batteries?
I watched their youtube video, and I read their prospectus. Tons of info, but I don't see their competitive advantage. Lots of talk about lubricants, fuel efficiency demos, HVAC coatings, etc... but, like the Interviewer, that side of the business is boring. I wanted to hear more about batteries for the EV market. That's what gets investors excited.
Another thing I don't get, is their IP, or lack of it. For example, they let their patent application for their process for cracking methane to create graphene lapse? I suspect the process isn't patentable. If it was, why wouldn't you patent it? They say they want to patent the application of graphene instead? Did I hear that correctly. And, around the 6:45 mark of the video, he says the U of Q has a tiny bit of IP for the G-Al battery technology. Maybe a tiny bit is enough, but the words 'tiny' and 'bit', leaves the impression that the IP is insignificant. Isn't it everything? Without it, their competitors profit from all their work. Again, I don't get it.
Despite of everything above, I was still stoked, until, in the video, the CEO is asked how long until the technology could be scaled up to batteries for the EV market? No timeline, only that they're more interested in where to go, not neccesarily the tech. Not necessarily the tech? The tech is everything, no?
I still love the idea of G-Al batteries, but this video really left me with more questions and doubts than answers. The company should promote the EV battery potential to the max. Who cares about lubricants, coolants, and HVAC coatings. Boring.
Still on the boat, but kinda left wondering.