InvestorsHub Logo
Followers 40
Posts 3318
Boards Moderated 0
Alias Born 08/18/2009

Re: Spudchucker post# 369

Wednesday, 04/17/2019 2:52:23 PM

Wednesday, April 17, 2019 2:52:23 PM

Post# of 431
Seems you haven't followed this company very long. This is their PPSA IP that was supposed to be worth tens or hundreds of millions. They built their own line of power converters based on it over 5 years ago, but failed to generate any meaningful sales despite the enormous market in renewable energy. They managed to find a single IP licensee. So $500k is cash is a pittance. 150k shares in the other company.. who knows. $1m of liabilities off their books.. that's good but big picture is that this sale was a fire sale and the benefit to the shareholders is negligeable. Only B-TRAN can save them now, but will they succeed with it? Time will tell.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IPWR News