I am starting this thread for SolRayo, a Solar Energy Technology company
Stock symbol is currently EIPC
it is trading inside a parent company,
which has 225,000,000 shares outstanding:
the stock is below a penny, at .0069 to be exact
and so it begins;
Steve
SolRayo receives half-million dollar federal grant
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SolRayo of Madison develops products for uses in renewable energy applications, including solar panels
StaffThe Business Journal
SolRayo Inc., a Madison developer of technology serving the renewable energy industry, has been awarded a federal small business technology grant of $499,998 for the development of coatings to extend the life of batteries.
The National Science Foundation Small Business Technology Transfer will fund the second phase of the project to commercialize the product, a nanoparticle oxide coating used for lithium-ion batteries. During the first phase of the project, completed June 30, 2011, the inexpensive and easy-to-apply coating was shown to help increase the cycle life of certain rechargeable lithium-ion batteries by several times, SolRayo said.
The research and technology is being developed in collaboration with the University of Wisconsin in Madison. Dr. Walter Zeltner will oversee the project at SolRayo and serves as the company's director of battery research. The work is being conducted jointly at SolRayo's facility in Madison at the lab of Prof. Marc Anderson at the University of Wisconsin. The project officially commenced April 1 and is scheduled to conclude March 31, 2014.
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