Zentric, Inc. is an advanced battery technology company that trades on the OTCBB. The foundation of the Company is built on a new and innovative battery technology that utilizes high voltage dual electrolytes to produce higher voltages. The technology was developed in the laboratories of the University of Hong Kong for more than 10 years. Formerly known as Constant Environment, Inc., the Company changed their name to Zentric, Inc. on December 16, 2009. Zentric Inc. has their headquarters in Mississauga, Ontario.
Zentric Inc.’s plan is to develop and acquire the leading proprietary technology in battery products for hybrid electric vehicles and electric vehicles to provide a cleaner future and assist the auto industry in developing a consumer friendly product able to meet growing consumer demand. The company is well positioned as the auto industry worldwide continues to accelerate their commitment to (HEV) Hybrid Electric Vehicles and (EV) Electric Vehicle battery products.
This past February, Zentric Inc. reported that they contracted Mr. Kwong-Yu Chan as their Science Advisor. The Company is pursuing multiple designs based on the technology developed by Mr. Chan. He is currently a Professor in the Department of Chemistry, the University of Hong Kong.
Zentric, Inc. announced in March the development of a new storage battery configuration. The new battery configuration consists of three electrolytes separated by membranes that have added storage capability. The result is a more cost effective battery with greater storage capacities. The design is suited to the storage battery market.
The Zentric team continues Research and Development efforts at the University of Hong Kong to produce product designs and prototypes. The team designs car batteries and different configurations of storage batteries.
The Company’s business plan also incorporates a merger and acquisition strategy. This is so they can take advantage of various production and testing facilities and the marketing and distribution channels. Zentric battery designs are similar to the lead-acid battery technology and existing production lines can undergo modification to incorporate these new designs.
Let us hear your thoughts below: