SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vanteck (vrb-cdnx, vttcf) -- Ignore unavailable to you. Want to Upgrade?


To: gg cox who wrote (241)1/28/2006 12:59:32 PM
From: Larry S.  Read Replies (1) | Respond to of 413
 
gg,

I believe the really important info in the press release is buried in the text. The key text is:

"VRB Power is also pleased to announce that assembly of its small cell stacks for initial orders and field trial units commenced in early January 2006 in its new, turnkey Richmond, BC facility. Commissioning of the Company's first in-house acceptance testing station is currently underway and the facility is scheduled to be fully operational by the end of February, 2006. At that time, VRB Power will cease testing its cell stacks at the BC Research Institute and all aspects of its assembly and final testing process will be consolidated in the new Richmond facility.

Tim Hennessy said, "As we increase production capacity throughout 2006 we will add additional acceptance testing stations. We currently estimate ultimate capacity per shift at the Richmond facility to be approximately 2,500 five kilowatt cell stacks and approximately 300 fifty kilowatt cell stacks per year. We anticipate reaching this capacity during 2007.""

VRB now has a production capability. They are REAL and not just a promoter of an idea. I know at least two potential users that may now be motivated to look at their product carefully and, it is my view, that, when they do look objectively, they will be major buyers. It is ideal for back-up power applications in Telecom. And Telecom is a large enough market by itself to make VRB Power a major success story.

Larry



To: gg cox who wrote (241)6/5/2006 9:04:53 AM
From: gg cox  Respond to of 413
 
Message 22512691