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thx for the reply...i see uranium as a power metal well outside the box when considering metals like gold, silver, copper, etc...i know the demand oustrips the supply, it just hasn't sank into the street yet...it will...
as far as screening software goes, you can either use TDA's advanced analyzer or a subcscription to stockcharts...either one can retrieve stock for you in real time per your input...
...bcon needs a close over 1.75 or the current failure will sustain...
"Beacon recommended that the final rule allow “as an option” the inclusion of
Credit Subsidy Costs and administrative fees in the definition of Project Costs. Beacon
said that such costs could pose a substantial burden on small businesses and development
stage companies unless they are included in Project Costs."
"Beacon further recommended that language in proposed § 609.4 stating that the
Pre-Application must meet all requirements in the solicitation and in the final rule should
be modified by changing “must” to “should” or “is expected to.” This change would
prevent pre-applications from automatic disqualification if they are missing one item, and
would make § 609.4 consistent with § 609.5."
DOE Response:
"...Additionally, DOE does not
believe it is appropriate to make the language change requested by Beacon to section
609.4 of the final regulations. The listed items to be included with Pre-Application
submissions are intended to be mandatory. However, the Department clarifies that a Pre-
Application will not necessarily be rejected simply because one or even a few items are
not in final form when they are submitted with the initial Pre-Application submission.
The Department will exercise reasonable discretion in giving Applicants an opportunity
to complete their Pre-Application submissions in a timely manner within the open period
provided by a solicitation. DOE, of course, may reject any Pre-Application or
Application that it considers incomplete."
ok...so the use of reasonable discretion means what to Bcon trying to make ends meet?...
"Beacon, for example,
recommended that all fees should be quantified in advance as a percentage of the loan
amount or in a formula based on the loan amount, and said DOE should make a
conforming change to the proposed rule. Beacon commented that knowing the basis of
fee amounts arguably would facilitate the calculation of project costs and alleviate the
burden of cost uncertainties on small businesses and development stage companies."
"Beacon recommended that the language “including a qualified retirement plan, or
governmental plan” be deleted from the definition of Eligible Lender in proposed section
609.11(a)(1) because small businesses and development stage companies may need to
approach financial institutions that may not have the specified plans. Beacon also
recommended the entirety of proposed section 609.11(a)(6) be deleted. That language
would require eligible lenders to have experience as the lead lender or underwriter by
presenting evidence of its participation in other energy-related projects. Beacon
maintains that this requirement is unduly restrictive because not many lenders have such
experience and it is also generally irrelevant since the loan guarantee program is limited
to new or significantly improved technologies."
DOE
"The Department endorses the idea of maximizing the pool of Eligible Lenders and
of allowing the use of loan servicers that may not be Eligible Lenders but that otherwise
meet all applicable standards.
In addition, in response to comments that DOE finds persuasive, the Department
has eliminated proposed section 609.11(a)(1) from the final rule. Furthermore, while
DOE rejects Beacon’s suggestion that the Department delete the entirety of section
609.11(a)(6) of the proposed regulations, we did expand the definition.” While it is
arguably true that the pool of servicers might be increased even further if section
609.11(a)(6) were completely eliminated, deletion of this provision altogether would not
be consistent with DOE’s desire to establish a program where there was a reasonable
assurance of repayment in connection with guaranteed loans. We note, however, that in
the final rule, section 609.11(a) and (b) do not apply to a loan servicer unless the servicer
is also the Eligible Lender."
...without having the 609.11 on the back of my hand and up to this juncture, i am just thinking that whatever contingencies bcon has for financing, may be at risk for a loan gaurantee...which means bcon has more hoops to jump thru...
then there is the technology issue....
"Beacon Power Corporation (Beacon) recommends broadening the definition by
adding the following italicized phrase so that the definition would read: “technologies
concerned with the …productivity or value of the technology or an improvement over an
existing technology that will perform the same function.” (Beacon at 3). Ameren
Services Company (Ameren) supported the proposed definition of new or significantly
improved technologies, subject to the addition of the following phrase: “in service in the
United States at the time the guarantee is issued,” which is part of the statutory definition
in §1703(a)(2) of the Act (Ameren at 2)."
DOE:
"the Department believes it is important to establish what may enable a
particular technology to be considered “new or significantly improved”. By its explicit
terms, the Title XVII loan guarantee program is not open to all technologies and projects,
but only those that are new or significantly improved in comparison to commercial
technologies in use in the United States."
there's are a bunch of explanations between the previous and following quotes with the latter being the DOEs mandate...
"Consistent with DOE’s interpretation of section 1703(a)(2) of the Act, section
609.2 of the final rule provides, in part, as follows:
New or significantly improved technology means a technology concerned with
the production, consumption or transportation of energy that is not a Commercial
Technology, and that has either: (i) only recently been developed, discovered or
learned; or (ii) involves or constitutes one or more meaningful and important
improvements in productivity or value, in comparison to Commercial
Technologies in use in the United States at the time the Term Sheet is issued."
here's my rub on this...while beacon's flywheel certainly is an improvement over existing technology for its application, it is not new to the U.S. eg: Active Power has been selling flywheel systems in the U.S....albeit not on the scale of beacons capability...i'd like to think that the DOE will judge bcon's improved upscale as something they can't live without...but finding all this red mumbo jumbo certainly raises the flag for me in term of maintaining shareholder value...
guess we'll see...
i'll pull out of couple of points that i was concerned with, but i'm a bit busy today, so give me some time...
i'm not trying to imply that bcon is screwed, quite the contrary, though it potentially could mean the investors get a bit screwed if bcon has unconventional hoops to jump through..
i'll be back...
i just get kinda hung up when i read things like this...
http://www.lgprogram.energy.gov/lgfinalrule-10-4-07.pdf.
was this previously ever brought up over at the jerry springer show and discussed?
i would like to hear some sincere feedback from it, but i bet you a 100:1 most won't touch it...
don't get us wrong mikl, we just say it like we see it, good or bad...right or wrong...keeps one objective...hopefully we're full of it and it runs next week...i think that would be great.
and yes, there hasn't been any real sell off...but we're technically at a junction where something has to break, either way...
i'm fully aware of the inverted nature of the chart and in case you missed the last version, here it is again...
http://www.trendpartnership.co.uk/i/cliff-hanger.gif>
Interesting that goldman sachs was at the table...i don't know what hoops bcon would have to jump through...but the DOE rejections would seem to have made "things" a bit more difficult for bcon in terms of making ends meet...i bet they are pissed off...it may require that shelf afterall...who knows?
Wow..now here's some interesting reading on BCON...
i was actually doing a search to find out what i could about the DOE Loan Gaurantee Program for Nuclear...the last thing i excpected to see was Beacon power in the mix of it...and from what i'm seeing, it appears that Beacon is trying to change wording so to make it easier to qualify emerging growth companies and the DOE is basically rejecting everything Beacon is suggesting...
anybody want to take a shot?
http://www.lgprogram.energy.gov/lgfinalrule-10-4-07.pdf.
any wonder why hunt isn't communicating?
it's time for USU and CCJ...positioning taking place...very nice...
very nice board as well, very good diligence.
looking forward to the reissuance of dividends down the road.
something to consider with USU when it comes back...
"On February 8, 2006, the Board of Directors of USEC Inc. voted to cease paying a common stock dividend and redirected those funds to reduce the amount of external financing required for construction of the American Centrifuge Plant.
Dividends on USEC Inc. common stock were paid as declared by the Board of Directors. Dividends were paid on the 15th of December, March, June, September and from December 1998 through December 2005. The dividend was $1.10 per share annually in 1999 and 55 cents per share annually in 2000 through 2005."
could prove to be a very nice income growth equity.
i know,i'm just funnin with ya...i don't think it's over by any means for bcon, but i do believe it is delayed....
i just bot both USU and CCJ....i am buying them to hold, not to trade, unless i have to....i really believe there is some quiet positioning taking placein both...then we'll hear the talking heads...
lol...charts don't think for you, but there is nothing bullish about the bcon chart...it's below the short term MAs, ADX/DMI isn't favorable, RSI is icky and the only hope right now is a technical bounce off the 100ema (perhaps that's your stop loss) or a positive press release...hunt hasn't replied to me either, all we know is that the lawsuit doesn't get it's initial hearing until janurary...
i'm adding USU here...
no, no, no, you don't understand...i am married to a woman (27yrs) that turned 90 when she hit 47...lol...i can still grind my knees on the big bikes, ride a skateboard in a pool and challenge the most frightening ocean conditions on the water...it would be a national holiday if she could bait her own hook....
now there's a coincidence...i have a box of old 45s some blue, some red and the standard black ones in mint condition with the exception of their cases...i even have general macarthur's resignation speech on record...
can you share with me what you have found to have best value?
have an awsome trip to disney, i love watching children there, it brings back my old memeories of it's a small world...
good job on the cats, they look very healthy.
you have 15 minutes to correct, or add to a post, after you've posted it...
that would be great, but i'm just not "dateable" material... romance and such has flown the coup and i'm left with 26 years of memories, no dog and a burning desire to laugh, dance and love again...
boy, there's an off topic post...maybe i should rename the board to Ripe Gripe...lol!
i've been watching this for a week...truly a remarkable event to witness...
http://news.yahoo.com/s/space/20071115/sc_space/incrediblecometbiggerthanthesun;_ylt=Ao1.xsCn.10JJDAvte9mjNAE1vAI
BCON chart...
http://www.trendpartnership.co.uk/i/cliff-hanger.gif>
who would argue that the lawsuit hasn't brought "developments" to a screeching halt until it is resolved?
the moderator can also can set certain terms of use rules for their board...the rule to post a courtesy chart seem to put most over the top...
i suggest folks take a cruise around and visit some of the other boards here and see how this community behaves. the posters on boards, that are not dedicated to just one stock, normally post their charts, it's expected.
way too much drama over this issue.