Lithium Technology Corp. CEO Letter to Stockholders

摘要

According to a recent Lithium Technology Corp. CEO Dr. Klaus Brandt letter to shareholders, "On November 28th we filed our restated financials for the year 2004 and audited financials for 2005. This effort required a great deal of resources and took a long time to complete due to the complexity in evaluating our past financing transactions. Additionally, the management team decided to write off almost all the intangible assets in 2004.