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Company Description (as filed with the SEC)
Our business is evolving from being a niche manufacturer of emissions control solutions for the automotive original equipment manufacturer ("OEM"), retrofit and aftermarket markets to becoming an advanced materials technology provider for these markets. Recently, we announced that testing was underway for our new Spinel(TM) technology, which is a family of proprietary materials incorporating various base metals that replace costly platinum group metals, or PGMs, and rare earth metals in coatings on vehicle catalytic converters. Once verified, we intend to commercialize our Spinel(TM) technology by supplying proprietary powders and/or licenses to other vehicle catalyst manufacturers as well as manufacturing catalysts for select customers in our existing facilities. We believe that this business model will allow us to achieve greater scale and higher return on our technology investment than in the past. ... More ...
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|Annual EPS Est:||$-0.53|
|Quarterly EPS Est:||-0.15|