ADO 0.00% 1.9¢ anteotech ltd

Brick, you are correct about the wall of button batteries under...

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    Brick, you are correct about the wall of button batteries under test at the lab.

    The equipment being purchased is for the manufacture of buttons, as previously we were sending out the mixture to be made into batteries for testing, but the risks with that are enormous that someone could try and reverse engineer, so the decision to manufacture in house was made.
    The turnaround time for different recipes is also significantly quicker as I think from memory the batteries were being made in the US.
    We will now be able to tweak the mixture and put into testing super fast, thus speeding up the time to market.
    This was a great step by management to raise the $1 mil to expedite all things battery, and great to hear that they are still so positive on the outcomes.

    Appreciate the run down ncarr.
 
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