Capstone Green Energy Corp (fka CGRNQ)

[Seasound]

They view the rest of us as members of the Flat Earth Society.

Seems more like the Scorched Earth Society, although these days a jumping off point seems like a good idea.

I still ponder that 100 million share shelf offering...

Ask Management Feb 8, 2012 states that they have invested millions in upgrades to their current production facilities

Ask Management June 15, 2011 Capstone does not need to invest significant additional capital to increase its plant capacity as we are currently only running at approximately 30% of our total capacity with today’s single shift of operations five days per week.

Q3 2012 EC Presentation Slide 8 graphs show a quadruple increase in revenue while maintaining relatively flat labor and overhead

Jamison's statement on CC several quarters back that he didn't foresee any need for additional share offerings as they had sufficient revenue and reserves to enable them to continue on road to profitability without further dilution.

Renewed line of credit with bank several quarters back.

So, could someone explain the need for this 100 million share offering? How's the planning on that Chatsworth visit coming along Capt'n?