The big picture is that Chevron released it and is followed by how many analysts and investors? I wouldn't doubt it if it makes a blip on one of the cable channels.
I think actually a news release from them is likely more valuable than any news release from ECD themselves,(even production news), as no one follows ECD to the degree we all do.
(Comment: It's truly a shame that ECD can't hire some sort of PR firm to get their name out there, especially with all the big names associated with the JV's and all the technology. Up to this point marketing has been abysmal. Has anyone spoken about this marketing problem on the CC's or the year end meetings?)
Maybe some brokerage is going take a peak at ECD today. That's the big picture.
<<This news release was garbage that said nothing new.>>
Really? Please tell is when you have seen this before.
<<Under a series of teaming agreements, Chevron ES and ECD will work with Bekaert ECD Solar Systems LLC, a joint venture between N.V. Bekaert S.A. and United Solar Systems Corp. (an ECD affiliate), and ChevronTexaco Ovonic Battery Systems LLC, a joint venture between ChevronTexaco and Ovonic Battery Company, Inc. (an ECD subsidiary), on commercial sales projects involving integrated energy solutions that incorporate these technologies cost-effectively. Project offerings will be comprehensive, encompassing product design, installation, financing, operations and system maintenance, with the objective of building long-term customer relationships.>>
When has Texaco or Chevron ever said that they would finance commercial applications of Bekaert ECD solar panels.
The other aspect of this news release ,every stockholder in cheveron- texaco who follows news releases is going to wonder "who is this company maybe I should check them out".Thats a lot of new potential investors
The news release begins to make potential investors aware of the gestalt formed by the integration of Ovonics with Chevron/Texaco. That is, a global corporation is marketing a global energy solution that has potentially global ramifications.
>> The other aspect of this news release ,every stockholder in cheveron- texaco who follows news releases is going to wonder "who is this company maybe I should check them out".Thats a lot of new potential investors <<