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Technology Stocks : Lithium Technology - LITH -- Ignore unavailable to you. Want to Upgrade?

To: Tech Monster who wrote (106)	2/24/1999 8:35:00 PM
From: gvander	Read Replies (1) \| Respond to of 215

Elite info from 10Q: LTC also has executed a letter of intent to enter into a joint venture partnership with Elite Material Co., Ltd. ("EMC"), a manufacturer of high quality laminates of printed circuit boards. The Company and EMC have mutually agreed to reassess the manufacturing facility in Taiwan as originally contemplated by the letter of intent and the level of potential financial involvement by the Company in the joint venture in light of the Company's decision, as discussed above, not to proceed with its $22,000,000 offering, and the factors underlying that decision as discussed above. The reassessment of the Taiwan joint venture and manufacturing facility is on-going at the time of this report. The Company has entered into an agreement with Centurion International, Inc. ("Centurion"), a leading manufacturer and supplier of high performance battery packs to a number of major portable electronics manufacturers, to integrate LTC's lithium-ion polymer battery cells into battery packs for the PC OEM as LTC'S subcontractor. However, Significant Changes have Occured since that filing: Change of Control and doubling of shares outstanding to 43 million shares sec.gov But JV still seems to be in effect: biz.yahoo.com