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fojcol

10/27/15 6:24 PM

#17660 RE: soybanzai #17653

It's a "commitment," it has to be signed. They didn't just shake hands. All monies are "pursuant to signed and executed guaranteed Power Purchase Agreements (PPAs)." Like I said before, you can make all the sales you want of your great product, but without the cash to carry you through to delivery of said product and then collection (in this case, from governments, who can be notoriously slow to pay) you're dead in the water. With this financial commitment, all of DNRG's energy (pun intended) can be put into making sales! With this funding COMMITMENT, all sales are good as gold!
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Durand

10/27/15 7:43 PM

#17688 RE: soybanzai #17653

No 8K outlining the details of this "commitment"? It looks like the company doesn't consider this a material event so most likely they will not be receiving any funding at all