VNDB News Vendum Batteries, Inc. CEO Issues an Ope
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VNDB News Vendum Batteries, Inc. CEO Issues an Open Letter to Shareholders
2012-07-25 08:45 ET - News Release
EL SEGUNDO, CA -- (Marketwire) -- 07/25/12
Vendum Batteries, Inc. (OTCBB: VNDB) today issued a letter to shareholders from the company's CEO, Rune Vind to share the direction the company will pursue to leverage the strengths of their nano-powered paper battery technology.
Dear Fellow Shareholders,
Over the past year with much hard work Vendum has restructured, regrouped, and is ready to advance our main directive of increasing shareholder value. We have devoted considerable energies to determine the most productive and profitable direction for our company. Our primary goal was to identify key markets to focus our sales and marketing efforts for Vendum's innovative non-toxic paper battery technology.
I am pleased to report we've identified three targeted niches we believe will benefit most from the use of our technology and create the greatest opportunity for our Company.
Details will be released to shareholders and the public shortly. However, here's some of what we hope to accomplish in the upcoming year:
Execute on the already existing business plan to pursue the niches we've identified.
Continue to forge relationships with key partners -- aligned with our market focus -- to license Vendum's environmentally safe, nano-battery technology and intellectual properties.
Consistently report on our progress via news releases so shareholders and the general public know about our achievements.
Thanks for this opportunity to bring you up to date on what's been going on -- and what is planned for the future -- with your company.
Sincerely,
Rune Vind, CEO