Ann: Eden Enters Conditional Joint Venture to Develop Batteries, page-9

I feel its game on for battery development given the huge fire risk associated with Li batteries and their weight/nrg ratio. Although there are a lot of 'what ifs' in this announcement[redolent of another, long past?], EDE is on more solid ground and will be associated with individuals well versed in the technology.If all comes to fruition,then it will create a very big demand for the CNTs and a welcome addition to their range of uses..
There is no way,in my view,the Solomons and their allies, are going to let this company go under.They have too much invested in it,not only in money, but in reputation.As I've said before,if necessary,they will take the company private.Sixty plus % ownership,if not more, is within their grasp if they,as Noble Energy,' take the loan interest in shares.

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