InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,475.09
(
0.27%
)
US TECH 100
19,188.80
(
-0.46%
)
Dow Jones
39,169.52
(
0.13%
)
Brent Oil
87.15
(
0.71%
)
Bitcoin
62,582.55
(
-0.43%
)
Post# of 5964
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Ecomike

Send PM Follow Ignore
Followers 743
Posts 61848
Boards Moderated 10
Alias Born 10/05/2009

Ecomike

Member Level

Re: Sharktnk post# 5735

Monday, 11/28/2011 3:07:07 PM

Monday, November 28, 2011 3:07:07 PM

Post# of 5964
If this

The sale process is expected to recover a fraction of that loan amount. Beacon Power spokesman Gene Hunt pointed out that the company valued the plant at about $12 million in its most recent quarterly filing.


is true, where is the rest of the 72 million in assets they claim to have?

So they spent $49 million dollars to build a plant that is only worth 12 million a year after it was started up? No wonder no one will fund more of them?

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

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.

Sign Up