Hey, have those chargers been INSTALLED anywhere YET? Or are they just siting around collecting dust???
From the Q "On June 29, 2018, the Company purchased four BLINK Level 2 - 40” pedestal chargers for permanent placement in a retail location or locations whereby the Company will pay a variable annual fee based on 7% of total revenue per charging unit. The rest of the proceeds will be split 80/20 between the Company and the host location owner or its assignee. The host location owner to will pay for the cost of providing power to these unit as well as installation costs. The Company has not yet secured the location for installation of these units"
Why wouldn't TAUG's good buddy John Cesario, with the so called HUGE grocery chain, want these installed in their parking lots??? I would have thought they would have jumped at the opportunity.... Especially since he likes to pump for BLNK too???
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.