In essence, $CNCT is making a bold entry by building an asset portfolio in the growing Lithium-ion battery market. Will this market succed? Many analysts think so due in part to the demand for Lithium-ion powered small electronics. In fact, you might have a lithium-ion battery very close to you right now. Let's take your cell phone for example. Looks very thin, correct? That's because it is being powered by what the industry calls a "paper battery". Paper batteries are composed of carbon nanotubes that flank a sheet of cellulose-base paper. Since they are flexible and ultra-thin, these batteries are the perfect candidates to power our portable devices. They even power implantable medical devices such as pacemakers.
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