Apple promised them, extorted tax advantages & caused expenses for a power station by local AZ governments, and then failed. Now rumors are floating around that Foxconn (China) will get those jobs. Very bad business Karma.
We're talking about APPLE's failed manufacturing plant - not GTAT's.
Who holds the first lien on the furnaces? That is still under litigation if you read the filings.
Santa Clause isn't real - but the office of the NH atty general is.
In the case of fraud or lack of good faith those agreements are not legally binding.
GTAT traded up to $15 before Apple, capped out at $20 with Apple. Apple needs GTAT to make their sapphire brag real, more than GTAT needs Apple to survive.
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