4-Star Stocks Poised to Pop: Energy Conversion Devices

• Report this Comment On June 11, 2009, at 10:20 AM, ecdfan wrote:

  Your CAPS investors must all be smoking something, I am sorry to say!

  If ECD produced quality cells, why aren't their products eligible for incentives in California starting Jusly 1st? see here: http://ecdfan.blogspot.com/2009/06/unisolar-eligible-for-inc...

  Why aren't their products certified for safety? see here: http://ecdfan.blogspot.com/2009/06/certification-of-safety.h...

  ECD makes no storage systems whatsoever! Their battery JV is a zombie company that lost its only customer, GM (their batteries leaked, causing the total recall of GM's 2007 hybrid production), and will be closing doors any minute! ECD receives a few royalties from batteries made in Asia, but those royalties are in decline.

  But, yes, ECD stands out in the R&D area - they are actively commit research fraud. see here: http://ecdfan.blogspot.com/2009/05/unisolar-getting-away-wit...

  You should probably notify your CAPS investors about how dangerously misinformed they are about that fine company, ECD.

• Report this Comment On June 11, 2009, at 12:59 PM, nerferLZ wrote:

  ecdfan raises valid concerns, but not all of that is accurate. For instance, ECD does make several storage systems, for both hydrogen and NiMH batteries (consumer level). The JV Cobasys for vehicle and large format NiMH batteries has a possibility of being sold, I don't think they're about to close their doors though. Note also that his links are to his own blog pages. I'm wondering however how their thin-film solar, while innovative, can compete with lower silicon prices for standard PV cells.

• Report this Comment On June 11, 2009, at 1:29 PM, ecdfan wrote:

  nerferLZ is mistaken. ECD does not make hydrogen storage systems - if they did, where can I buy one? ECD doesn't make NiMH batteries, either - if they did, where can I buy one?

  Anybody who has read the 10Q, instead of waiting to hear what the CAPS "investors" think, would have noted:

  "We design, manufacture and sell photovoltaic (“PV”) products, known as PV or solar laminates that generate clean, renewable energy by converting sunlight into electricity. Solar laminate sales represent more than 95% of our revenues. We also receive fees and royalties from licensees of our nickel metal hydride (“NiMH”) battery technology and sell high performance nickel hydroxide used in NiMH batteries. "

  http://investor.shareholder.com/ovonics/secfiling.cfm?filing...

  So, yes, they receive royalties (declining yoy) from batteries which they don't make. No word on any hydrogen storage systems...

  There is no possibility of ENER ever getting any money out of Cobasys, even if it is "sold." Cobasys is deeply in debt (over $250mill) owed to Chevron and to GM, while ENER is only an equity owner. ENER's "investment" in Cobasys will be wiped out, exactly as the equity investors were in GM. And nobody wants a money-losing plant that makes outdated, leaking batteries. Read here about NiMH vs li-ion:

  http://ecdfan.blogspot.com/2009/05/advanced-nimh-vs-li-ion.h...

  And the answer about how Unisolar's thin-film competes (actually, fails to, quite miserably) is here:

  http://ecdfan.blogspot.com/2009/05/unisolar-dilemma-not-sell...

  Any links to better, more reliable sources about ECD than my blog are quite welcome.

• Report this Comment On June 23, 2009, at 6:37 PM, 556487946 wrote:

  ...

• Report this Comment On June 23, 2009, at 10:25 PM, ecdfan wrote:

  To 556487946: You afraid? Here is the latest for you:

  http://ecdfan.blogspot.com/2009/06/marketing-of-solar-tile.h...

  Tell us a bit about the marketing fraud perpetrated by Unisolar's "residential" partner, please!

• Report this Comment On June 27, 2009, at 1:45 PM, jimnall2003 wrote:

  apparently, from the ECD website, ECD Ovionics, does manufacture metal hydride (hydrogen) and solar (UNI-Solar thin film) products. they state that they are building (have built?) two new manufacturing plants. new products? not yet 'certified' by CA?

  Digging a little deeper, on the 'where can I buy' point above, in a whitepaper offered by Ovion,

  http://www.uni-solar.com/uploadedFiles/6DV44-146%20ver%2003...., you find that Ovionics manufactures the 'substrate', amorphous silicon based solar cells bonded to a steel substrate, that is used by several commercial builders in combination with their roofing materials (ThyssenKrupp-Solartec, Kalzip AluPlusSolar, Solar Integrated, Alwitra Evalon Solar). The misunderstanding may be that these projects are 'commercial' rather than 'consumer/residential' based. The real question is whether the technological 'moat' of IP in their substrate is sufficient to overwhelm their competitors. I need to do more research on their competitors but am favorably impressed by what I know about ECD/ENER/OVIONICS so far.

• Report this Comment On June 28, 2009, at 9:56 AM, ecdfan wrote:

  To jimnall2003: Sorry, but metal hydride is not hydrogen or hydrogen storage. Here is a test you can do: Go to your local electronics store and purchase one NiMH rechargeable battery (if you are VERY lucky, it may be even made with some Ovonic material) . Then report to us here how much hydrogen have you been able to store in it, after the best of your efforts.

  I would stick with what the 10Q states. If you lie on your web site, you might get a slap ("fine") by FTC, while the penalty for lying in the 10Q is much harsher.

  ECD stopped building plants recently. Just read the news.

  And what new products? You mean the PVL-128? Read about it here:

  http://ecdfan.blogspot.com/2009/06/unisolar-efficiencies-mys...

  Unisolar's white papers are known to be fraudulent:

  http://ecdfan.blogspot.com/2009/05/unisolar-getting-away-wit...

  Virtually all Unisolar's "projects" are commercial (at least based on the reported MWs). But those are solar projects, not hydrogen storage or batteries. Their new residential "solution" is just around the corner (their previous one, SHR-17 was discontinued and is no longer UL certified):

  http://ecdfan.blogspot.com/2009/06/marketing-of-solar-tile.h...

  You definitely need to do more (much, much more) research about ECD (ticker: ENER), but you are wasting your time with OVIONICS, as you won't find anything about OVIONICS.

  And the real question is not whether "the technological 'moat' of IP in their substrate is sufficient." That is actually quite an easy question to answer. But the question and the answer are both irrelevant.

  Don't be a fool! Be a Fool!

• Report this Comment On July 01, 2009, at 12:55 PM, youngblood58 wrote:

  ecdfan:

  Did you lose a lot of money on ENER this last year?

• Report this Comment On July 09, 2009, at 10:19 PM, ecdfan wrote:

  youngblood58: Did I?

• Report this Comment On August 25, 2009, at 9:05 AM, roshan95823 wrote:

  ecdfan against all....have to admit you do know this stock.

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