Beacon Power Corp. (fka BCONQ)

[mrholty]

Jeezus-

I cannot see the bk court approving this. Gambling with their salaries just in a hope to make a save a few bucks. This must mean their cash on hand is even less than they thought/ or they are burning through more and need to conserve cash.

Now I am waiting for news that they haven't paid the employee taxes, etc. I've only seen this once before in a BK and it didn't end well.