Beacon Power Corp. (fka BCONQ)

[RoboTrader]

Look into Pilgrims Pride and Chemtura. Two companys that had Asset value higher than Liability with notes/loans that were due to be paid off, they just didn't have the money to pay it off and couldn't refinance with the creditors due to economic conditions.

Pilgrims Pride sold of a part of their business, it went from about .13 cents to where it's at now; $5.00 or so. Chemtura sold part of their business, restructured finances, and eventually went from .01 to about $1.80 before BK exit but then there were other issues that screwed investors and now they're around $10.00 (with new shares).

The point here is that Beacon will be selling a part of their assets to satisfy whatever amount the DOE wants, then business will resume as usual for Beacon. With the float being so small for BCONQ and Assets > Liability, commons should be alright.

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