| Business Summary | | Lithium
Technology
Corporation,
together
with
its
wholly
owned
subsidiary,
Lithion
Corporation
(collectively,
LTC),
is
a
pre-production
stage
company
in
the
process
of
commercializing
solid-state,
lithium
polymer
rechargeable
batteries.
LTC
is
engaged
in
technology
development
activities
and
pilot-line
manufacturing
operations
to
further
advance
its
battery
technology
and
also
holds
various
patents
relating
to
such
batteries.
Based
on
emerging
market
opportunities,
and
as
part
of
its
strategy
of
merging
into
Ilion
Technology
Corporation
(Ilion),
LTC
has
refocused
its
large-footprint
cell
manufacturing
technology
and
market
activities
to
concentrate
on
automotive
battery
applications,
including
Hybrid
Electric
Vehicles
(HEVs).
On
January
19,
2000,
LTC
and
Pacific
Lithium
Limited
(PLL)
signed
an
Agreement
and
Plan
of
Merger
(the
Merger
Agreement).
On
October
2,
2000,
PLL
domesticated
into
the
United
States
and
changed
its
name
to
Ilion. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Litheum
Technology
Corp.
is
a
development
stage
company
engaged
in
the
business
of
developing
and
seeking
to
commercialize
unique,
solid-state,
lithium-ion
and
lithium
polymer
rechargeable
batteries.
For
the
three
months
ended
3/31/01,
revenues
remained
flat
at
$0.
Net
loss
decreased
22%
to
$668
thousand.
Revenues
reflect
the
absence
of
revenues
from
development
contracts.
Net
loss
reflects
decreased
legal
and
accounting
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| David Cade, 63 Chairman,
CEO | $165K | $576K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|