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Technology Stocks : Energy Conversion Devices -- Ignore unavailable to you. Want to Upgrade?


To: brian h who wrote (8127)1/20/2006 7:08:23 PM
From: Allen Bucholski  Read Replies (1) | Respond to of 8393
 
Brian, the battery company in china we are invested in is a part of that company. ECD helped it get started with making electrode's and than the battery production line. In payment Inner Mongolia Baotou Steel rare earth high tech bought the battery making machines from ECD and ECD also got 19% of it's stock. (I believe this to be a part of Bao Steel. Like ovonic battery is to ECD.} Some thing I will have to find more about or check it out so I am not barking at the wrong tree I think Ill wait to the next annual meeting to get that informnation.I don't want to bother with a the phone and fax routine.

Some times you think you know something but when you go to answer someone else your not so sure. I don't want to miss lead anyone.

This is from ECD's site:

Inner Mongolia Baotou Steel Rare Earth High-Tech Holding Co., Ltd.

Our three joint ventures in China with Rare Earth High-Tech are licensed for consumer battery applications. Ovonic Battery's technical expertise and Rare Earth High-Tech's vast mineral resources combine to provide the elements of a truly synergistic partnership