Capstone Green Energy Corp (fka CGRNQ)

[Seasound]

Just filed a form S-8 CAPSTONE TURBINE CORPORATION INDUCEMENT AWARDS 250,000 or 255,000 shares at $1.02 per share.

The 100 million (100 Million? filed under the S3/A is to be used for what the heck ever they want to use the for. To wit: [b]Unless we indicate otherwise in an accompanying prospectus supplement, we intend to use the net proceeds from the sale of the securities offered by this prospectus for general corporate purposes, which may include, but are not limited to, working capital, capital expenditures, acquisitions and repurchases or redemptions of securities. When particular series of securities are offered, a prospectus supplement related to that offering will set forth our intended use of the net proceeds received from the sale of those securities. We will have significant discretion in the use of any net proceeds. The net proceeds may be invested temporarily in short-term marketable securities or applied to repay indebtedness outstanding at that time until they are used for their stated purpose.

Ratio to earnings is nil, i.e. (1) For the fiscal years ended March 31, 2007, 2008, 2009, 2010 and 2011 and the nine months ended December 31, 2011, our earnings were inadequate to cover fixed charges. The coverage deficiencies were $36.7 million, $36.1 million, $41.7 million, $67.3 million, $38.3 million and $10.5 million, respectively.