LWS- Here's something that correlates with Lev's CC statement about ultrathin computers - that portable manufacturers can make superthin computers that operate "....10-12-14 hours" with Valence batteries that are ....even lighter than the 2-hour batteries they get now."
techweb.com
<<Two problems stand in the way of these efforts to ride what might be the long-predicted rise of the subnotebook computer. First, designers say they can't get the two crucial components that will help give these systems the power and punch they need -- shape-shifter lithium-polymer batteries, and fast low-power Pentium II processors.
"Some of these systems only get an hour and fifteen minutes off their internal battery and offer an external battery to get you up to four hours," said Randy Guisto, director of mobile technology research at International Data Corp., based in Framingham, Mass. "It's a gotcha. But you don't have the real estate for a real battery if you go that thin," he said.
Designers of the Sony Vaio said they get two hours of life from a standard 1850 lithium-ion battery measuring 0.72 inch in diameter and 2 inches long. But the battery is too big to fit inside the notebook's case, so it was attached externally.>>
We now have more corroboration that batteries meet or exceed customer specs and over 115 regular employees, including production staff (up from 65 a few months back) and dozens more from Henderson at the NI facility. Over fifteen potential customers(now likely over 20) have been testing the batteries.
In your balanced opinion, what is the probability that they have raised money only keep their jobs and Lev bought another 950 thousand shares at $5 1/16 a few months ago just to make a positive impression, and the company has no viable product, as some negative posters would have us believe?
On the other hand, Lev stated on August 12 that they are discussing "...terms and conditions, prices and delivery schedules.." and volume production remains on track for September. Considering the competitive advantage Valence batteries offer mfr's of portable products and assembly line 1, now debugged and proven capable of making over 500 batteries/minute, can easily make a profit for the entire operation without including other assembly lines, joint ventures or sources of revenues - how would you rate the company's chances for success? |