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Executive Chairman's Annual Letter To The Shareholders
Executive Chairman's Annual Letter To The Shareholders.
About this update from Alpha-en Corporation
[{"type":"text","content":"\n\n\n\nExecutive Chairman's Annual Letter To The Shareholders\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nExecutive Chairman's Annual Letter To The Shareholders\nPR Newswire\nYONKERS, N.Y., July 17, 2018\n\n\n\nYONKERS, N.Y., July 17, 2018 /PRNewswire/ -- For many years my favorite duty has been writing the annual Shareholder's letter. In prior years such letters were glossier and my hand was freer.  The regulatory landscape has changed, making that practice more difficult, but I still enjoy updating our Shareholder's on our progress.\n\nFollowing this company, you likely already know that we are working on some exciting collaborations to prove out and develop our technology, including a joint research program with Mercedes-Benz Research and Development North America & Princeton University, as well as with Argonne National Laboratory, and Cornell University.  What you may not know yet is what's happening here at our headquarters in Yonkers, where our own research lab is now in operation.  Dr. Robert Paca, our lab manager, is walking on air as he leads his two CUNY interns around.  Our new electron microscope is arriving next week (yes it will fit in a glove box – this same microscope used to fill a whole room).  Our pouch cell equipment is stacked up in our work area, waiting its turn, and we are interviewing for an electro-chemist, hopefully to start in August.  Our lab is now making the best highly-pure lithium samples in our short history, and we anticipate being able to transition to making prototypes of coin cell batteries by the end of July, 2018, and prototypes of pouch cell batteries by the end of this summer.\n\nAs a development-stage company, our resources are always stretched thin, and we may need to seek additional investor funding to achieve our goals. Nonetheless, we believe this company only has value if our technology is real - and that's what we are proving.\n\nThe battery world is a funny place.  There has not been a significant advance since the lithium ion battery was invented in the late 1970's. ...