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Message: Follow the money

Valid questions Hemi. Also, I think you missed the fact the contract with Daimler may expire in a few months as they seek cheaper supply. Daimler made Litarion profitable. Definitely, alternatives must be found.

IMO, some reasons for the price not busting higher is the share overhead from the past few financings. Those participants may be terrified after the recent nosedive and can't get out fast enough. TD and Anonymous have been distributing for the last month or so and have been careful not to flood the market. This will take time to work through and buyers are aware, sitting on the sidelines waiting to see if the price goes lower. I know I have.

Also, the trust issue. EFL just came from 0.30 (again). They need to accomplish a few more deals to prove this whole thing is going to work. The pieces are there but as you suggest, they still need more orders to pay the bills. I believe there "is" a ton of interest and the synergies can be tremendous but it will take some time to see progress. We should see that progress even before the non-NMP lines are up and running.

If their non-toxic process is for real, and the new Separion increases the safety and performance, and they really have the highest energy density with the most cycle life, sales and revs will take care of themselves. I'm hoping they started sampling and testing many months ago so they're close to knowing those answers.

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