http://www.cadillacforums.com/forums/2009-cadil...
quoted poster wrote:
Consumers don't hold back the technology, but dirty little tricks by big oil does. Venture capitol is what gets emerging tech going, and if your a major oil company, how do you legally dry up this influx of capitol? You just create a shell company that promises a energy storage break through in the form of a special capacitor. EEStor in Cedar Park, Texas (yes, Texas, that alone should have been a red flag), did just that, and probably for 5 years, stalled out a billion investment dollars for companies like A123 and others that were having LiPo battery breakthroughs.
Last edited Tue, 11 Oct 2011, 9:19am by Muftee
Liberal arts graduate degree. No business training but own my own business. Go figure.
http://theeestory.com/topics/4722?page=1#p100234
I don't know jack about electronics and chemistry. That's not my role here.