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Re: EDMGUY post# 64142

Tuesday, 06/06/2017 10:36:06 PM

Tuesday, June 06, 2017 10:36:06 PM

Post# of 85915
" Do you really believe GE would let Mantra's tech (supposedly worth BILLIONS) just sit on a shelf for fear of it ruining the gas turbine business? They have the resources to do both at the same time. The whole world isn't going to instantly drop fossil fuels and turbines."

Yes I do, you need to understand the culture and mind set, you do not go to you boss and buy a 14 Billion Alstom Turbine business for 14 billion dollars that had zero new turbine sales for 18 months, then sell of other assets like a mad man to pay for it, float bond debt to pay for it, and then ask for funding to get a new technology commercialized to replace that fossil fuel powered turbine investment if you want to keep your day job at GE

"Also,do you really believe Mantra bought a (supposedly) $10 million profitable company for a $2 million I.O.U. of a bankrupt penny stock? "

Never said that, I said profitable, 10 Million dollar revenue, not 10 million in profit. Also Icld kept 1/5 of Aws, and gets up to 1.5 million extra in cash if Aws shows a huge profit the first 6 months. Why do you think that was added to the sale terms???? If Aws make zero profit the first 6 months, Icld gets nothing per the terms of the deal, other than the 2 million.