I haven't seen any 144 filings. Actually, according to Vickers Insider Trading reports, insiders haven't sold VLNC since 1994!
While VLNC and FTEL share one common characteristic, development stage companies, in my opinion, that's where the similarities end. VLNC has an edge in a highly competetive, potentially highly lucrative market. The barriers to entry are also very high in the advanced rechargeable battery market in light of the in ability to mass produce (at this time).
I don't recall any other significant alliances that VLNC had (the Other was Alliant, and some minor deals here and there...). One thing I did notice in several filings is Valence's request for ommission of confidential information (and thus, there are numerous blanked out sections). I interpret this as very positive. Also, they have around 80 patents covering their battery technology and production processes and over 100 in patent application. Again, I see this as very positive. Also, VLNC has very tight agreement with GMs Delphi for commercialization rights and licenses over automobile batteries.
Bottom line, it may take time, but VLNC is on the cutting edge of this technology. Competetion is going to be there, but considering the lead time and numerous processes involved in commercial production, VLNC has an edge. Morty said it. FMK has alluded to it. READ BETWEEN THE LINES.
(Keep RB over in the FTEL thread. We don't need his stuff over here. Your contributions are welcome.) |
