The global personal battery industry is estimated at $63 billion and growing. Some industry players say they observe growing favor for non-toxic, biodegradable resources. As such, the future of non-toxic battery technology looks to have high potential.
Taking advantage of the opportunities within the battery and green technology industries, Vendum Batteries (VNDB.OB), a battery technology development company, today announced that its common stock now trades on the OTC Bulletin Board.
Fraser Cottington, CEO and president of Vendum, said interest and advances in the clean energy industry support the importance of the company’s position trading on the OTCBB.
“With the development advancements for our new environmental battery technology, now will be a good time to become a listed company. The world is keen to embrace clean-energy technology and our non-toxic, biodegradable products that we are developing have the potential to dominate the otherwise highly toxic battery industry. For our business and the environment’s sake, we hope to become the battery of choice for household consumers and businesses in the years to come,” Cottington stated in the press release.
Vendum has a pending patent on a non-toxic, carbon-based light-weight battery that will be compatible with cell phones, iPods, human implants and eventually electric vehicles. The cutting edge carbon nanotube and cellulose-based technology makes the battery entirely biodegradable.
For more information visit www.vendumbatteries.com