Alternus Energy Inc. (fka ALTND)

[Ringohalfcan]

Yep, the company just lost 40% of its value- Ouch.

This has been one of the top 5 worst investments I have ever made. Probably just take the tax loss at the end of the year.

I don't have much faith at this point that management can do much of anything to stop the bleeding. They can't even bother to update stockholders in a timely manner. I am not sure what they even do, except pay themselves a salary and open new offices to sit in.

The Japan debacle pretty much showed their complete incompetence. They had an amazing "Grass Roots" model that was paying for the panels- and they totally bungled it. The massive Japan project was never finished and millions wasted. I doubt the panel owners will ever get their money.

Power Clouds had so much promise, but their own greed and poor decisions have run into the ground. RIP PowerClouds.