Westport Fuel Systems Inc (WPRT)

[Jack_Bolander]

Let's have fun with math so everyone can see what the pathetic management at CLNE are proposing:

1. CLNE pays the incremental $40k for 2500 engines and takes on $100M of debt which Total Guarantees for a 10% annual fee. Let us assume 6% cost of debt.

2. CLNE's expenses for leasing program are $16m/year at its peak of $100M. ($10m fee to Total for its guarantee on the debt)
And $6M in interest expense. You can use you own cost of debt and come up with your own scenario.

3. The 2500 engines uses 20,000 gallons equivalent or 50 million gallons (equivalent) year and CLNE makes $.25 per or $12,500,00 thus guaranteeing it will lose money.

4. It's not enough to dilute shareholders into the Stone Age, we must introduce a loser program to get people to buy engines that they will be REQUIRED too use to meet regulatory requirements in places like CA and NY.

5. This will tank the stock!And explains Friday's drop for BOTH CLNE and WPRT !

6. BOD is thinking ahead, in their SEC filings that details this debacle, they are proposing various levels of reverse stock splits.

7. Everyone should read the SEC filings.

8. Anyone see it any other way. If so, please share your view.


From a post on the Yahoo board.