Hi Bo ,

What do you know about Valence Tech.I am looking into investing into a co that produces batteries for EV's

Valence Technology developed and markets the industry's first commercially available, safe, large-format family of lithium phosphate rechargeable batteries. Valence Technology holds an extensive, worldwide portfolio of issued and pending patents relating to its lithium phosphate rechargeable batteries

I do not know much about that company beside the standard info available on their site. However, I do know of a possible competitor, EEstor, that can potentially put them and others out of business. You will not find a website for them, but you can find info from the auto company promoting and soon to be using the technology - ZENN Motors. This EEstor technology boasts many advantages over lith-ion including a 5 MINUTE charge. If it is true, it can really change the landscape of the industry. If it is a load of hype that will never materialize, I feel any battery company focusing on better batteries can flourish - at least in the short term. investigate the world supply of lithium. Apparently we do not have that much of it!

thanks for steering me in the right direction -too bad EEstor is not traded publickly -

They are not -- my guess is so many people are throwing money at them they do not need public funding. You can "get a piece of the action" by investing in ZENN Motors, which owns 3.8% of EEstor and has exclusive contracts with them. I would proceed with caution at this point, but it could be like winning the lotto (or buying a losing lottery ticket).

I agree, and I think your statement about winning the lottery is more conceivable with gas prices hoovering $5.00 a gallon

I don't like the idea of small public companies making batteries. The reason why is GM can easily buy it and hide the technology. Call me paranoid.

Furthermore, I am really geting turned off on investing. True there are many good companies. However, at any time the board of directors and CEOs can vote themselves hugh options. Whether the stock goes up or down, they will make a fortune $5-$10-$50 milion a year all coming out of money that should be going to shareholders.

You might consider investing in a photovoltaic system or an electric car, or preferably both. A carport covered with photovoltaics.