weknow that ADO are in a proto type with Mercedes Benz. MB have placed anorder for $40K. Maybe Mercedes are pretty happy with the batteryperformance in the proto type and are ready to sign a contract. However maybe they have concerns about whetherADO can supply the quantities required. If ADO can demonstrate or prove they have theworking capital to fulfil any contract and the facilities to produce enoughanteoX on an ongoing basis Mercedes may be ready tocommit. We have been told David is travelling toEurope. Maybe David wants to assure Mercedes thatADO can satisfy all the above requirements. Who knows what stage EV2 and EV3 are at. We doknow they are in Europe. How close are they to doing a deal.? Considering all of the above I believe there isa reasonable chance that something positve could be very close. At least I hope so. Imagine how much easier the Capital raise of $5 million will be to fulfil ifthere is an announcement of a significant contract with Mercedes (or others)having been signed. Lots of maybes and possibles in all of theabove. Isn't imagination a wonderful past time.
ADO Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
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