The issue started in 2006, when a few individuals and former consultants who are known today as Mercury Cable and Energy, took proprietary information from CTC and soon thereafter launched a campaign claiming they had valid patents and that CTC's patents were invalid. Furthermore, they launched a vicious media campaign to discredit the company and Wilcoxon as its founder, including the filing of a shareholder derivative lawsuit which was thrown out after it was determined that Mercury management had paid someone to file the lawsuit with zero basis or merit. When that effort to destroy failed they launched a website, from outside the USA, known as 'firebentonwilcoxon.com' citing various actions filed against the company and Wilcoxon, all of which were dismissed in court as having no basis.
All good!
Only 6M mcap for DRC Li and Co plus Battery Tech as a bonus.
Maybe news soon?
"They have a strong dialogue going with the automotive industry and we expect the business to provide a steady stream of updates in the coming months."
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