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


To: Allen Bucholski who wrote (8231)11/15/2006 8:53:39 AM
From: Allen Bucholski  Read Replies (1) | Respond to of 8393
 
Shareholder meeting, in the Hydrogen car display I don't remember the names of the two gentlemen I talked to. I asked about the calif. highway program the message I got is ECD has only one car their.I asked about price of hydrogen I was told when gas was three dollars a gallon the phone was ringing off the hook with inquire"s. I asked about a seven dollar gas price and was told three dollars was the area you can buy hydrogen to compete on price. I was reminded as time gos on fossil fuels go up hydrogen could get lower.

I ask what are still the problems with hydrogen car. The loading of fuel takes eight minute's the goal by is to get it down to five minute's. That problem is more a engineering problem. They cut ten minute's to eight already. Another problem is the existing model ECD has they have gos two hundred miles range three hundred miles range is target closer to todays gasoline.

The hydrogen development also wants to get a partner to help with costs.

COBASYS, battery display had their saturn's hybrid car battery on display. ECD had a battery products a lot of Ni-MH battery from a lot of their royalty paying consumer battery's in another display area. They also sell materials to maker of battery's to license's.

A point I want to make is in the meeting COBASYS explained that they have orders to get plant to full battery production (they gave a number?} by 2010. Can not make announcements as to what cars will be using the battery's until auto companies give them the OK. Basically saying that auto companies are in control of what they can talk about. (this should be in COBASYS presentation.)