Ann: Appointment of Interim CEO, page-87

Sorry, I should clarify. The latest information formally provided is that MB is still testing AnteoX and the Ultranode, and I have no reason to think that this is not in process. My point is that it is critical that AnteoTech identifies the decision-makers who themselves must be satisfied that by adding our technology to their battery mix, it will produce the necessary cost-saving and performance improvements, so that they they will then sign deals with us.

It is both to be expected and reasonable that EVs whose representatives come to conferences and trade shows where they hear about our technology, may be quite attracted to it, as indeed we have been told, and correctly, that they have been. They may well introduce our people to their own battery suppliers, with whom we must also engage. We need to understand where we fit in the whole supply chain, and accordingly convince at those points as well. And then sign up the deals. I think this is one of the points that Merrill has been making. Fabian certainly made the point (see the "In Conversation" video) in his discussion with Manuel, that you have to understand things from the prospect's perspective. What are the challenges they are trying to solve? Can we help? To what effect? What steps will be involved to get something happening with us?

We must also expect that in some of those companies, management may say to their own teams, "Why can't we develop what AnteoTech has got? We gave you a bunch of money to come up with something good that you promised you could." And then you may have fiefdoms and jealousies as another challenge. My point is, that getting the EV representatives excited is a good start; we have to work on from there. At the same time, we should be as busy as we can in using other ways to reach those points in the supply chain where we fit.

Some of my shareholder colleagues and I consider that we now have a fresh opportunity to pursue those various additional channels. Merrill was described to me today by someone outside AnteoTech, as someone who knows how to run a lean company, understanding in detail why and where resources are to be applied; she questions, and challenges. She is bright, and quick. I think we have some very good staff in the company, and a very focussed Board now. And we have a dynamic person in the CEO role for the present; I'm very confident that when the time comes to appoint someone permanently, that person will be a far more suitable selection than have been the last two.,

I hope this helps clarify, T-Pain, and thank you for asking - but it is only my opinion. Perhaps you should email AnteoTech, although the next 4C may provide an update.