Hi Captain , thanks for being positive , the battery team must...

Hi Captain , thanks for being positive , the battery team must be back from Europe by now? time to tell us what they achieved ??? and cut the no news BS ? if all that below were true and going ahead , Anteotech would be multiples more than 2 c after that stinking capital rip off ? now What ?

Prototype evaluation to commence with EV1 AnteoTech have met with the project management team from the battery division of the global electric vehicle manufacturer or ‘EV1’ which has been evaluating the use of Anteo XTM in their next generation batteries. Importantly, EV1 has confirmed that use of Anteo XTM in their anodes both reduces their input costs and improves the performance of their proprietary anode.

As a result of this successful validation, EV1 have advised they will now incorporate Anteo XTM into the prototyping process for their next generation batteries, to further validate Anteo XTM in the next stage of the battery development process.

This prototyping process will be facilitated with the major cell manufacturer that currently supplies batteries to EV1. The cell manufacturer has already been advised by EV1, and a tripartite meeting with AnteoTech and EV1 teams will be held in Europe in the coming weeks to co-ordinate the production of battery cells incorporating Anteo X for testing by EV1. EV1 advises that it remains on track for their targeted design freeze by the end of the calendar year.

Progressing with additional electric vehicle manufacturers AnteoTech also met with management of its second electric vehicle potential customer or ‘EV2’, who have confirmed they wish to accelerate the move to higher silicon anodes.

Follow-up face to face meetings are planned for mid-June prior to The Battery Show in Stuttgart that, if successful, will see the development of a program to incorporate AnteoTech’s proprietary silicon anode technology into this process and enable EV2 to complete this objective.

The sales funnel of opportunities for AnteoTech has been further developed as a result of meetings with three additional electric vehicle manufacturers from Europe. These companies are all at the early stage of developing high silicon anodes, with the majority looking at an initial move to anodes containing less than 20%. Meaningful discussions were held with these companies and further meetings are planned prior to The Battery Show in June.