Ann: Anteo Files its Battery Patent in Key Lithium-ion Markets, page-21

From exee'st number 28096029.

"Utilising Anteo nano-coating on the anode alone delivers approximately a 30% increase. A simple analogy using an electric car demonstrates the potential benefits. The range of current electric cars is typically around 430km, incorporating Anteo anode improvements may potentially extend the range to 550km. If Anteo cathode improvements are then incorporated the range may be extended beyond 700km."

So it appears that there is potential to improve the range from around 430km to beyond 700km. That's a 65% improvement. Considering that Elon Musk said that 3/4% improvement per year is the norm, then this is outstanding.

There is, however, something I can't get my head around. If you were a battery manufacturer and someone showed you that their battery had a minimum 30% improvement and up to 65% improvement over current batteries, would you:

A) immediately begin discussions and put your not insignificant resources to work on proving or disproving the claim?

B) send them away and ask them to keep in touch by sending more data as it comes to hand?

I do understand that IP protection is paramount but signing an MOU goes a long way in assisting a struggling company to raise funds given the ensuing rise in share price.

I also understand that battery manufacturers are inundated by claims of possible battery improvements. But my understanding is that ADO's claims are more than just claims and supported by an independent expert.