Capstone Green Energy Corp (fka CGRNQ)

[Wild-bill]

New Jan. '17 Mgmt. Presentation.

Thanks to Tobyw at IV for catching it.

Nothing breathtaking, significant, exciting, suggesting a change, offering increased hope, or instilling a desire to invest in a boatload. MHO, of course.

Added new slide 7 "Examples of New York Metro Area Installations". This one was at least interesting as we see how long some have been in service and how short the estimated payback is on some more recent ones.

Slide 8 (was 7) re-titled from "Recent Order Momentum" to "Recently Announced Orders". YIKES! Is dropping the word "momentum" significant? Maybe veracity has reared its ugly head, to the detriment of management's ability to "spin" things in their favor? Maybe acknowledgement that the market is wise to them now and they need to regain credibility? OTOH, they are still touting the anticipated benefits of the financing JV and PPA potential over a year since the November 2015 announcement and still evaluating several "well qualified" opportunities.

Dropped prior slide 8 "Product Shipments by Vertical Market".

Dropped prior slide 12 "Cost Reduction Program".

Added two beginning quarters to slide 13's "BPC Sales Recovery" bar chart. Really changes the visual impression.

Slide 21, "Capstone Analyst Coverage", got an update from Roth's Craig Irwin on December 15, 2016


Capstone's Management Presentation January 2017 Final

Bill