<< Are you saying that LiPoly batteries have "little commercial value"? I certainly hope that that is not your point. >> My Friend: Please let's talk reality: I noticed that "Valence had no revenue for either quarter". I am stating that whatever techno trash that management states in it's press releases, pseudo contracts and test results.
That no revenues means a bogus product, not much different than ALTIF's jig. The jig does exist, it is just not commercially viable.
Sure is a nice day
biz.yahoo.com <<Valence Technology Announces Third Quarter Results
HENDERSON, Nev., Feb. 12 /PRNewswire/ -- Valence Technology, Inc. (Nasdaq: VLNC - news), a research and development company developing advanced, rechargeable, lithium polymer battery technology for commercialization, today reported operating results for its third quarter ended December 27, 1998.
Valence reported a net loss available to common stockholders of $11.5 million, or ($0.44) per share, for the third quarter of fiscal 1999. This compares with a net loss available to common stockholders of $5.0 million, or ($0.21) per share, for the same quarter of last fiscal year. Valence had no revenue for either quarter.>> |