 Want to learn about stocks, cryptocurrencies, NFTs and the metaverse? Join RichTV.io How's everybody doing today? I'm your host Rich. Here we have RichTV Live with our very special guest, the corporate development manager of Neo Battery Materials, Danny. How are you doing today, Danny? Very good. How are you? I'm doing fantastic. Very excited to speak to you today. So everyone knows the symbol for Neo Battery Materials in Canada is NBM. And in America, it's NBMFF. And my first question, Danny, is for those that are new to Neo Battery Materials, could you give us a brief overview of what the company is currently developing within the EV lithium ion battery industry? Yes. So at Neo Battery Materials, we're currently developing a novel technology called Silicon Anomaterials. And as many may know, Graphite is used as the main animaterial for all lithium ion batteries today. But this contributes to some fundamental problems such as slow charging and a limited runtime for the battery, as well as increased costs due to the inflationary environment. And adding Silicon into the animaterial effectively alleviates these problems. And currently the industry regards this material as a must-have for the next generation of batteries. But what sets apart Neo from our competitors is our preparatory single-step nano-coating manufacturing process and our products that use the lowest-cost Silicon inputs. So this makes us one of the lowest-cost high-performance producers on the global scale so far. And recently we received the construction permit approval of our South Korean commercial plant that will be initially capable of producing 240 tons, which is equivalent to supplying to about 160,000 EVs initially. And we have a clear roadmap to commercialization and we're currently expediting this process by fortifying our technical team and optimizing our products with NDA partners, which include global battery manufacturers, as well as EV automakers as well. That's fantastic. And huge news on Monday. It was announced on Monday that Dr. S.G. Kim has been appointed as the Chief Technology Officer of Neo. Could you give us an introduction to Dr. Kim and explain how much of an important role he will play? Yes. So Neo has appointed Dr. S.G. Kim as our Chief Technology Officer and he's an expert in chemical technology development and products related to Neo in which we're developing, which includes silicon and polymers as well. Previously, he served as the Executive Vice President and Head of R&D of Hanoi Solutions in the Advanced Materials Division. And Hanoi Solutions is the chemical manufacturing company of the South Korean conglomerate Hanoi Group. Hanoi Solutions have been able to generate sales of over about $10 billion and currently trades at a market cap of $8 billion. Dr. Kim has had experience from a new chemical product development to commercial plant constructions as well. And during his tenure at Hanoi, he has shown his capacity to nearly double new product sales and successfully complete numerous projects for global automotive, aerospace and electronics companies as well. And he has also had experience closing M&A deals that boosted further integrated growth for the company as well. So Dr. Kim has also served positions as the Global R&D Head of Momentive Performance Materials, which is the globally second largest manufacturer of silicon-based products. And his other previous experiences include the Dow Chemical Company, LG Inotech, and Samsung Vine Chemicals. And he received his PhD in chemical engineering and applied chemistry from the University of Toronto, which is not far from us. That being said, we are more than excited to have Dr. Kim join us in our commercialization journey. And based on his decades of R&D experience, he understands the potential and promise of neo-silicon animal materials and how our products can sort of produce a transforming effect on the industry once it is commercialized. So to get that transforming effect in effect, Dr. Kim has already started working with neo's R&D team to accelerate efforts with product optimization so that we can continue to make deals on the table with global players. And also using Dr. Kim's super extensive network in the chemical business and R&D space, neo is set to look out on other value enhancing as well as growth opportunities as well. Congratulations. That is a huge acquisition. Building the team is extremely important to building a company. Another piece of news in the past week, we've seen neo sign a letter of intent with a top U.S. university spin out company that is developing a unique high performance technology that will be key for advanced batteries. Could you give us a highlight of your developments? Yes. So neo has indeed signed an LOI with an unnamed spin out company from one of the top ranking U.S. universities and institutions. And this company is currently focusing on developing one of the most robust, durable and safe polymer electrolytes for lithium ion batteries. So polymer electrolytes is a new type of material that is quickly gaining popularity as they are recognized to generate long run times for the battery. And plus because they are non flammable, they are viewed as one of the must have materials in the next generation of batteries. So moving on to sort of like the purpose of the collaboration, both companies are jointly seeking to enhance the performance of the CO-silicon nanomaterials through the spin outs, a novel technology of the polymer electrolytes. So what the polymer electrolytes do is that because of the mechanical durability characteristics, it may be able to effectively control the volume expansion of silicon during the charging times of the battery. So after preliminary evaluation, we're expecting to advance our relationship with a new agreement to expand our development efforts for both EV batteries and other energy storage applications as well. That sounds huge. Congratulations on all of your developments. And to wrap things up, what can investors expect to hear in the near future with regards to business and technology developments? So as we have discussed today, Neobatter materials is making great strides in advancements in both technology, corporate developments and R&D expertise as well. And with Dr. Kim on board, our team is more than confident and excited to take our technology to the next phase of commercialization. Our synergistic relationship with our NDA partners have been very highly positive as we have been able to increase the cycling performance of our silicon nanomaterials, which means a longer run time of the battery, which will accelerate the massive option of EVs in the coming years. And again, as mentioned before on our interviews, we are aiming to satisfy the performance levels and specifications asked by these NDA partners. And once these are satisfied, we can expect joint development and collaboration agreements that will hit signals for commercialization as well. And in terms of business, we have recently held our HGM and spectral meeting in which the change of business into a technology issuer was approved as well as continuing our business out of BC into Ontario. So once this process gets completed, we are eyeing grants and other non-deleted funding offered by the Ontario government as well as technology-focused organizations which include engine manufacturing and we'll apply this with our collaboration partners such as NanoReel. And we hope to bring positive news and developments soon to our investors and the public. And we also hope everyone is excited for our commercialization journey as well. Well, I know we're very excited about your commercialization journey. Thank you for joining us today. The corporate development manager of Neo Battery Materials, Danny Hu. I hope that you guys are doing a great job. I must remind everyone that Rich TV Live is strictly for information and education purposes. Please do your due diligence, do your research before you invest in anything we talk about or discuss. In saying that, I believe this is a company that is undervalued, underappreciated, underexposed. Seems to be doing everything that we look for in a company that has a chance to have a huge, huge success story. And thank you for joining us today, Danny. I look forward to seeing you again soon. Thank you. Always a pleasure. Danny Hu, corporate development manager, Neo Battery Materials. Thank you for watching everybody. If you're not winning, you're probably not watching. We bring you the winners, we bring you the news, see your interviews, and we'd love to bring them to you first. Thank you for watching everybody, and have a great day.