Alexander Lane, B Comm, C
EEStor Corp
ESU-X
DON'T BUY
Feb 06, 2007
Electric cars. The real story is the batteries that are in the car. They can be charged in 3 minutes. This company has an exclusive license for the battery up to 45 kg units. Alternative energy space is an interesting one, but you should only bet on what already works.
Electric car selling in the US as Canada has not allowed permitting on highways yet. Top speed of roughly 50 mph and takes overnight to charge. Anticipating using the Eastdor battery that is expected to take only 10 minutes to charge and will give 300 kms of driving distance.
Doing fabulously well in penetration and have the right partnerships. He’ll buy it higher up when he’s sure it will work successfully. Looks promising.
(Market Call Minute.) Very interesting. Pretty risky at this point but they've got something with the E storage (?) and it's looking pretty decent. They've done their financing. Speculative.
Chart shows it broke out of a base in April, formed another base from April to August and broke out in August. It then undercut the last base ($5.30?) and fell back down to the bottom of the previous base. That is a big Sell signal.