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Ecomike

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Ecomike

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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!

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