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4.2¢ magnis energy technologies ltd

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Fritzl

6,749 Posts.

656

22/09/21

14:04

Post #: 56266313
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Originally posted by FreeflyerNZ: ↑

If we are posting old news I'll leave this here.

you posted above 2018/2019 that magnis would have Gen 2 cells out to customers to test by the end of 2018/2019, irrelevant which year.

Yet this year we still only have a Gen 1 battery.

The picture above showing the Gen 1 and Gen 2 batteries. I won't bother mentioning solid state, no point.

Here is where they are at.

March THIS YEAR

Looks awfully familiar to the specs of only a Gen 1 battery don't you think?

They reposted the same battery again not long ago.

So here we are, supposed to have been able to produce a Gen 2 battery by 2021 yet the battery released this year has the specs of a Gen 1 battery that they said they could make in 2019.

In fact the Twitter post above from a couple months ago showing off their battery is worse than the Gen 1 aimed for by 2019.

My main reason for selling is the lack of transparency from management on off takes and raising funds.

Yet the uprampers here ignore this and say we'll atleast we have the tech. Newsflash, they don't.

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The truth is they keep on saying the same same same same same rehashed statements that everyone has heard heard a million times. Like give us something new.

MNS Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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