Yes more detail is needed for investors, and surely the SI didn't cough up $1m based on what has been publicly released. And yes, the investor presentation on it looks very, very dumbed down.
But .... this was a quiet little project that ran for 12 months under the radar and suddenly its now got a patent, its own company name and a flash raising of a million to exploit it. Inference is .... its worth something and they know it.
They are BIG claims in that investor presentation about capacity, charge/discharge and battery life. Its not been lost on me that an expert (Dr Song) in the electrochemical field has put his name to this, so if those claims turn out to lack any scientific research, analysis or findings, then his days as "a highly regarded scientific expert in new batteries technology" are through. He convinced the Board of the commercial opportunities, and they've backed him all the way in.
So with all due respect to some comments above, I think I will make my investment decisions based on what the guy with the PhD concluded after 12 months of research, not the couple of weeks we have all had to digest the limited information released.
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