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Lomiko Metals Inc. (CVE:LMR) reports that it has signed an Letter of Intent Agreement to purchase a significant ownership stake in Mobile Power Corp. Most cell phones require recharging daily from a standard wall-plug charger or an adaptor for use in a vehicle. At present, over 4.6 billion cell phones are in use worldwide with […]
Most cell phones require recharging daily from a standard wall-plug charger or an adaptor for use in a vehicle. At present, over 4.6 billion cell phones are in use worldwide with 2.5 billion phones being used in developing nations alone. Energy hungry phones that drain their batteries rapidly are now a major problem for most users worldwide. Currently, users have no other option than the wall or car outlets.
Lomiko’s CEO, A. Paul Gill says:
“The GoCharger® is a next generation device that will compete with products now under development by battery industry leaders such as Energizer and Duracell which have been testing the market with similar devices.” “Reducing the size of the GoCharger® using high density lithium polymer batteries and increasing the reliability using miniaturized, programmable circuit boards is key to addressing the power needs of the smart phone market globally.”
For complete news release, click here.