Ann: US$52M Term Sheet Signed for New York Battery Plant, page-475

A deal. Have c4v signed something? Oh wait.... it was 2015. But the story is still the same.

Dec 15, 2015 (ACCESSWIRE via COMTEX) -- RANCHO PALOS VERDES, CA / ACCESSWIRE / December 15, 2015 / Powerstorm ESS (pinksheetsSTO) ("Powerstorm ESS" or "the Company") (www.Powerstormess.com) and C4V today announced that the companies have signed a Memorandum of Understanding (MoU) whereby C4V has agreed to supply its semisolid lithium-ion cells for use in Powerstorm ESS' integrated storage systems. In addition, the companies will work together to ensure that supplied C4V cells enhance Powerstorm ESS system energy density, life and cost.

Unlike traditional lithium-ion batteries, the C4V battery cells are optimized to withstand the rigors of the long cycle and calendar life required by grid-scale energy storage and other high-performance applications. They also combine superior chemistry as drop-in innovation to lower the total cost of ownership of a battery by 70%, providing an excellent rate of return in contrast to conventional fuel solutions.

"This agreement to supply C4V cells to Powerstorm ESS, an established industry leader, is further validation of our energy storage technology," said Robert Dobbs, C4V's CEO. "Through this MoU, Powerstorm ESS and C4V will be able to bring industry-leading solutions to market more quickly and cost effectively, accelerating the adoption of advanced ESS across the globe."

https://www.marketwatch.com/press-release/c4v-signs-memorandum-of-understanding-to-supply-its-breakthrough-lithium-ion-cells-to-powerstorm-ess-2015-12-15