MNS 0.00% 4.2¢ magnis energy technologies ltd

General Discussion Topics, page-6481

  1. 7 Posts.
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    Those of you that were not around in 2018 when this battery plant was originally relocated out of its North Carolina location might not know that it failed to produce cells consistently (the reason why that company failed after investing US$125 mill. In the whole time it was in operation it produced one container size battery storage plant.

    The company won’t announce a failure of certificationif they in-fact fail againit won’t come up until someone get to asks a pointed question.

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    In fact that was a company called Alevo USA and Alevo Manufacturing who went bankrupt . Magnus bought there equipment for a song and moved the plant to where it is now.

    To my knowledge Magnus had no connections with Alevo.

    Do your own research
 
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