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poco_trabajo_mucho_dinero

08/01/14 6:51 PM

#10127 RE: Jaytech #10126

TC did not cancel the lease. TC said they don't need 84 month extension to accomplish the pilot program. TC cancelled the 84 month extension. 6 month initial program is still running and option to purchase the unit is still valid through Oct 15 of 2014


P.S. if TC terminated the pilot program don't you think that MM crashed the pps? imo we would be trading below .30 cents if this was a bad news. STWA pps didn't go up nor down compare to the pre- 8K announcement (staying close to the 52 week low)
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mr_sano

08/01/14 7:02 PM

#10128 RE: Jaytech #10126

Longs will tell you they did it only because they wish to renegotiate a better deal...But honestly what company would walk away from the purchase option of a specialized unit that was built to spec for their pump station layouts. I mean ask yourself how much does it cost to remove ??if this works so great why wouldn't it be moved around to a colder site to run under lower temps? (Like mentioned by management)
Nope they passed on more testing and they passed-on the equipment buyout. -1 +-1 does no equal 2! Let common sense guide you here.