Luke Lango recently released a presentation on the InvestorPlace website about his #1 “Forever Battery” stock which he also refers to as a “$3 wonder stock.”
According to Luke, there’s a “groundbreaking new type of energy storage device” smaller than a postage stamp that could help electric vehicles go 1,000 miles on a single charge.
He calls this device the “Forever Battery” and says there’s one tiny “under-the-radar company” at the center of it that’s “paving the way for the global $3 trillion electric car revolution.” And that he’d be surprised if their shares didn’t “pop by 10X, 25X, or 50X over the next few years.”
What stock is Luke Lango teasing?
Well, to find out for sure, you’d need to join his advisory service, Innovation Investor, for $99. But I researched the clues he provided in the presentation, and I believe I’ve found the stock.
And in this post, I’ll show you exactly what I found.
Breaking Down Luke Lango’s “Forever Battery” Prediction
The presentation we’ll be discussing in this post takes place in a “live audience” format, and Luke Lango began by talking about how a modest investment in a “single $3 electric vehicle stock” could become the cornerstone of your entire investment portfolio.
Luke refers to this stock in several different ways. For example, he calls it a $3 “Wonder Stock,” a “$3 Dynamo,” a $3 “Get Rich” stock, and a “Forever Battery” stock.
Call it what you will, but the whole thing centers around a tiny energy storage device he calls the “Forever Battery,” and he shows the following image of an “early prototype” of the battery:
Luke believes that the “groundbreaking nano-technology” inside this device could reshape everything about our lives. Aside from electric vehicles, he suggests it could impact everything from smartphones, 5G, and artificial intelligence to robotics, virtual reality, and e-commerce.
What is it?
Well, the first major clue he provides about what the device is has to do with a man named John Goodenough. Who’s that? John Goodenough is an American, Nobel Prize-winning scientist who helped invent the lithium-ion battery and Random Access Memory (RAM) technology.
So, in other words, he’s invented some significant technologies. And according to Luke Lango, he’s recently been working on an “even more radical breakthrough.”
Now, you might think winning the Nobel Prize would be the pinnacle of his career. But believe it or not, two years earlier, he announced an even more radical breakthrough.
The “Forever Battery” is a game-changing technology that insiders say could rid the world of internal-combustion cars, once and for all.
I was curious to know what type of battery John Goodenough has been working on, and my research led me to an article on electrek.co, which says he’s been working on a “ceramic oxide electrolyte,” which is the medium in a solid-state battery.
What is a solid-state battery?
In short, traditional lithium-ion batteries contain a liquid electrolyte and are commonly used in everything from smartphones and laptops to power tools and electric vehicles.
However, solid-state batteries do not use a liquid electrolyte; instead, they contain a solid electrolyte—for example, glass, ceramics, or other solid materials.
And the reason solid-state batteries are potentially better than “wet” lithium-ion batteries is that they’re said to be safer, more energy-dense, and can be charged in less time.
All of which are particularly relevant to electric vehicles.
For example, traditional lithium-ion batteries have been known to catch fire and explode, while this is not the case with a solid-state battery because they’re not full of flammable liquid.
Solid-state batteries are more energy-dense which means you can fit more battery power into the same space. And in the case of electric vehicles, this means EVs with a solid-state battery could potentially travel much longer distances (hence, why Luke calls it a “Forever Battery”).
They can also be charged in less time, which is a massive perk for EVs.
Anyway, that’s the gist of what a solid-state battery is in general and how they relate to an electric vehicle. And Luke Lango (more or less) suggests that the particular “Forever Battery” he’s interested in is the best of the best.
According to Luke, it can be charged in 15 minutes (instead of one hour), can go 1,000 miles on a single charge, it’s practically fireproof, can be fully recharged one hundred thousand times without losing strength.
He also suggests that it solves one of the biggest problems solid-state batteries solve – the cost. Even though solid-state batteries are potentially far better than lithium-ion batteries, they are more expensive to manufacture. However, Luke Lango says that the “Forever Battery” is “cheaper to produce” because it requires “almost no rare or expensive materials.”
What company makes this so-called “Forever Battery?”
What Is Luke Lango’s $3 “Forever Battery” Stock?
Luke Lango never reveals the name of the company he’s teasing in the presentation. Instead, he details everything in a report titled: The Extraordinary “$3 Forever Battery Dynamo.”
However, the only way to access that report is to join Innovation Investor for $99, so I decided to see if I could figure it out based on the clues he provides in the presentation.
And based on my research, I believe the stock he’s teasing is Ilika plc (ILIKF).
This one took me a while to figure out because the clues Luke provided were pretty vague. At one point, I almost gave up because nothing seemed to match. But I stumbled across Ilika by following the trail, and the more I looked into it, the more convinced I became that this was it.
To explain why I believe it’s Ilika, I’ll share a summary of the main clues Luke Lango shares in the presentation. Then, I’ll walk you through why I think it’s a match.
Here are Luke Lango’s clues:
“The EV stock I’m referring to is available for just over $3 right now.”
“The company trades in what I call an “Underground Market .” 99% of investors will go to their graves without ever buying shares in this weird place.”
“The “Underground Market” is more commonly known as “Over the Counter”, and if you follow the steps I’m about to lay out…”
“It’s on the brink of a 70-fold increase in production capability — a blockbuster announcement that could drive the price sky-high.”
“In fact, its market cap is less than one-tenth of one percent of a large cap like Facebook.”
“The “$3 Forever Battery Dynamo,” as I call it, already has patents in SIX major automotive markets across the globe”
“They forged an historic partnership deal with Toyota to help bring the technology to the mainstream!’
What first tipped me off about this company was the share price. Out of all the solid-state battery companies I was researching that had a partnership with Toyota, this was the only one trading at around the $3 mark on the OTC market. Specifically, as of writing, it’s trading for $1.94.
Of course, that’s not $3, but it has traded for $3 within the past six months, and it appears as though, since it started trading on the OTC market in 2019, it hasn’t traded above $3-something. So my point is, it’s not entirely unreasonable that he’d call it a “$3 stock.”
In any case, the second major thing that tipped me off was that, during my research, I stumbled across an article on stockgumshoe.com that was breaking down a very similar presentation by Matt McCall about a “Quantum Glass Battery” stock, which the author guessed was Ilika.
Matt McCall used to work for InvestorPlace, but as I first noted in this article, he has since moved to Stansberry Research, and Luke Lango has taken over most (if not all) of his advisory services. So it looks as though this may be Luke’s updated version of Matt McCall’s presentation.
Anyway, from there, I decided to revisit an article I wrote about Luke Lango’s “Battery Breakthrough” stock. And that’s when it became clear that Ilika is the most likely match because the Battery Breakthrough presentation is almost identical, and my research uncovered that Ilika was the company he was teasing.
So, by that point, I was pretty sure Ilika was the company that made the “Forever Battery” Luke talks about in the presentation. But to be sure, I looked into the clues he provided (the ones I shared above), which pretty much confirmed it beyond any shadow of a doubt.
Here’s an overview of why I believe Ilika is the company he’s teasing:
- Ilika plc is a small UK-based company that was founded in 2004 that makes solid state battery technology. The stock is listed on the London Stock Exchange, but it’s also listed on the OTC (Over The Counter) market under the ticker ILIKF.
- According to an article on bessemer-society.co.uk, Ilika “will achieve a 70-fold increase in its capacity to manufacture Stereax batteries.” There’s also an image in that blog post of a tiny device on a person’s fingertip, which looks almost identical to the one in Luke’s presentation.
- The current market cap of Ilika plc, according to Yahoo Finance, is just over $300 million. And Facebook’s market cap is almost $1 trillion, so it is “less than one-tenth of one percent” of Facebook’s market cap as of writing (November, 2021).
- The company has patents in all six “major automotive markets” Luke mentions (U.S., Europe, China, Japan, Canada, Great Britain).
- According to Ilika’s Q2 2021 earnings call transcript on Seeking Alpha, the company is partnered with Toyota and they share some jointly held patents, which is also something I uncovered in the “Battery Breakthrough” article I linked to earlier.
There are more clues, but that about sums up the main ones. I never claim to be 100% sure when I guess these stocks, but Ilika is a very close match, so I believe that’s the company.
What is the (actual) name of the battery they’re developing?
It’s unclear precisely what battery Luke is referring to in the presentation when he talks about the “Forever Battery,” but the “energy storage device” he shows in the presentation looks a lot like the Stereax thin film battery Ilika makes.
That said, this battery appears to be more for small electronic devices. So the company’s Goliath solid-state battery is a closer fit to the “Forever Battery” Luke talks about in the presentation because it’s designed for electric vehicles.
Either way, I’ll leave it up to you to decide whether or not Ilika is worth investing in. I’m not a stock picker, and nothing on this page should be considered financial advice. I just enjoy solving these “puzzles” and sharing my best guess with readers.
And if you want to know for sure what stock Luke Lango is teasing and the reasons why he’s bullish on the company, the best thing to do is join his service, Innovation Investor.
What Is Innovation Investor?
Innovation Investor is an investment advisory service run by Luke Lango and published by InvestorPlace that focuses on emerging technology trends.
It usually costs $199 to join, but if you sign up through the presentation, you can join for $99. This gives you 12 months of access to the service and some bonus reports.
At the core of the service are the monthly issues of Innovation Investor, which contains Luke Lango’s latest investment insights and recommendations.
For the most part, these center around technology companies in the electric vehicle, artificial intelligence, 5G, blockchain technology, and autonomous vehicle space, for example.
In essence, anything involving emerging tech. He also recommends biotech and healthcare companies if he believes they’re innovating in some way.
On top of the newsletter, you also get access to the model portfolio, which shows you all the stocks he’s currently recommending, quarterly web conference updates on the portfolio, and the following bonus reports if you join through the “$3 Wonder Stock” presentation:
- The Extraordinary $3 “Forever Battery” Dynamo
- The $12 Trillion Global 5G Pipeline
- 10 Fearless Tech Predictions for 2021
Does the service have a good track record?
According to Luke Lango, he’s had “14 stock picks produce gains of between 1,000% and 12,066% over the last few years.” That’s impressive. However, he also states that his “average annualized return for 2020 was 67.3%.”
So not all of his recommendations 10X or more, but on average, when you factor in the winning and losing trades, Innovation Investor has a solid track record.
Do they have a refund policy in place? According to the InvestorPlace website, Innovation Investor comes with a 12-month “every penny back” satisfaction guarantee.
Who Is Luke Lango?
Luke Lango is one of InvestorPlace’s foremost experts on investing in emerging technologies. He also has a good reputation outside of InvestorPlace when it comes to picking tech stocks.
For example, Luke was rated the number one financial blogger on TipRanks, a third-party investment site. You can see his profile here. It basically shows you a list of stocks he’s recommended over time, and as of writing, many of his calls have been successful.
Of course, not everything he recommends works out, but he has recommended stocks like Tesla, AMD, GameStop, and Shopify before they went on to make impressive gains.
Before getting into financial education, Luke was the founding manager of L&F Capital Management, LLC, a San Diego-based investment fund. He also helped startups like Scoutables with advanced data analysis and has a background in venture capital.
Luke now works for InvestorPlace, and his most popular service is probably Innovation Investor. However, he also edits the Daily 10X Stock Report and Exponential Growth Report.
And he recently took over some of Matt McCall’s advisory services, including one called Investment Opportunities and another called Crypto Investor Network.
All in all, Luke seems like a knowledgeable technology investor and has made some impressive calls over the years, both inside and outside of InvestorPlace.
Luke Lango’s $3 “Wonder Stock” presentation is all about “Forever Battery” technology and the “tiny firm” paving the way for the “global $3 trillion electric car revolution.”
As mentioned, the battery he’s referring to is a solid-state battery, and I believe the company he’s teasing is Ilika. To find out for sure what company Luke Lango is talking about and the details around why you’d need to read his report: The Extraordinary “$3 Forever Battery Dynamo.”
And the only way to access that report is to join Innovation Investor.
Ultimately, only you can decide if the service is right for you, but Innovation Investor is a legitimate service with an excellent track record.
It’s also reasonably priced and comes with a 12-month money-back guarantee. So it could be worth checking out if you’re interested in investing in emerging technologies.
That said, all investments carry risk. So there is no guarantee that the “Forever Battery” Stock or any other opportunity Luke recommends will help you get rich or make any money at all, for that matter. In fact, as with any advisory, you could even lose money at some point.
So I wouldn’t join the service without considering the potential risks. Nor would I join expecting to get rich quickly because, while anything is possible, that’s not likely to happen.
Either way, I hope you found this post helpful.
Thanks for reading.