Yonkers, New York, November 19, 2019 – Alpha-En ( OTC: ALPE) announced today that is has determined that it meets the requirements to be a Qualified Opportunity Business (“QOZB”) under the Federal Tax Cuts and Jobs Act of 2017 (“TCJA”).
As a QOZB alpha-En could potentially offer favorable tax treatment to investors in future placements of the company’s securities, as specified in the TCJA.
Alpha-En’s headquarters and laboratory facilities in Yonkers, New York, is located in an Opportunity Zone as certified by the US Treasury under the TCJA. After federal regulations specifying the requirements for OZQB status were released in April of 2019, alpha-En engaged the services of CapZone Analytics,LLC, a firm that specializes in assessing Opportunity Zone investment eligibility. Alpha-En has determined that it meets the eligibility requirements under the TCJA to qualify as a QOZB.
YONKERS, New York, July 16, 2019 /PRNewswire/ — alpha-Encorp (OTCQB: ALPE) today announced that it has received a $1 million technology development grant from the New York State Energy Research and Development Authority (NYSERDA). The funding will help to pay for the significant amount of research and development that is required to bring disruptive battery technology from the laboratory to final commercialization.
Once developed, the technology could have wide implications and potentially be used for electric vehicles, portable electronics and stationary batteries, thereby supporting Governor Andrew M. Cuomo’s nation-leading clean energy goals. Current lithium ion batteries for transportation and portable use rely on lithium graphite anodes. For the widespread adoption of electric vehicles and their associated environmental benefits to occur, a lower weight and higher efficiency alternative to the lithium graphite anode must be provided. alpha-Encorp has developed a low energy, low cost, process for the electrolytic deposition of thin films of high purity lithium metal. This project will enable alpha-Encorp to refine and scale up the manufacturing process and demonstrate its product for potential customers.
Yonkers, New York, January 23, 2019
It’s a new year.
I’m in my home in Connecticut. I just read a report from our lab. It’s good news; lots of good news. I called one of our directors – someone I have known for thirty years – “Have you read the latest report?” “No”, he replied. “It’s Sunday”. Then I started to tell him all the good things. He interrupted, “If you really feel this to be true, why don’t you tell it to your shareholders.” That made sense.
This is where we were:
Last year we were an exciting new company in perhaps the greatest growth field there is, energy and the development of the battery of the future. Our stock was poised for a run, our new lab was awaiting its completion and we were working with three very prestigious labs, Princeton University, Argonne National Lab, and Cornell University to further develop that technology that our patents-pending embraced. There were at least a half dozen major corporations awaiting data that would soon ensue from this group effort. Then came the typical delays. Our lab was not ready to commence operations because of governmental delays. (Working with Lithium is not like working with oatmeal. If it were, we would never have this opportunity to change the world.) Then eureka – our lab was approved. We started the arduous process of staffing up, more monies had to be raised (as we have never had the joy of unlimited funds) and then we had to collate the knowledge gained from our various partners before displaying our wares to the outside world.
Yonkers, New York, November 12, 2018 – alpha-En Corp announced today that the U.S. Patent and Trademark Office (“USPTO”) has issued a Notice of Allowance for U.S. Patent Application No. 15/160,013. The patent provides intellectual property protection in the United States for alpha-En’s lithium metal having a purity of greater than 99.96 weight percent on a metals basis, free of metal impurities. The allowed patent claims cover high purity lithium having a nanorod morphology, and a wide range of associated products such as lithium batteries, battery-powered devices, sensors, electric vehicles, implantable medical devices, pharmaceutical compounds, and lithium metal compounds and alloys.
YONKERS, NY, September 25th, 2018 — alpha-En Corp (OTCQB:ALPE), an innovative clean technology company focused on enabling next generation battery technologies by developing and bringing to market high purity lithium metal and associated products produced in a cost effective and environmentally sustainable manner, will be presenting at this fall’s Sidoti conference on September 27th at 3;15 pm in New York City, New York.