Replies to post #2042 on Ener-Core, Inc. (ENCR)

[Dina]

This was a $5 stock 2016, $2 2017, $1 2018 and now .02-.05. And share structure is unchanged with 4m o/s. Why is it down to this level if it´s not completely failed and with positive plan? How is this possible with this share structure? And highest volume ever were 70k shares and this happened days ago. They watched it all the way down to this level without news.

"Additionally, we are currently exploring projects that would entail construction of our own power installations using a Build-Own-Operate (BOO) model, which we forecast could provide unlevered internal rates of return in excess of 20%, depending upon a variety of factors, including the degree to which such projects are successful. While we expect to receive the bulk of our future revenues for the next several years from the CMLA with Dresser-Rand, we believe that the selected project opportunities may provide an additional revenue channel. We are evaluating our possible role in the development of certain California-based projects which would involve the integration of our technology with additional third-party equipment, to provide a recurring revenue stream from power sales and increase our cash flows from other sources that make use of our Power Oxidizer systems. We are exploring the possibility of financing any such projects from external sources. To the extent we engage in such projects, we do not expect them to be deployed prior to our fiscal year ending December 31, 2019. To the extent that we engage in such projects and they are successful, we expect them to increase our revenues and cash flows, increase our asset base, and accelerate the technological adoption and commercial acceptance of our Power Oxidizer technology. We may not, however, achieve positive results in any such projects and all projects under consideration are in the early planning stages.

In September 2018, we entered into a memorandum of understanding to sell the unit previously utilized for the FSAT. The customer provided us a cash advance of $350,000 during the three months ended September 30, 2018 pursuant to the memorandum of understanding. The memorandum of understanding calls for the good faith negotiation of a binding contract to purchase the FSAT unit at a mutually agreed upon price. The customer may demand repayment of the cash advance at any time prior to the execution of a binding contract, and we may refund the advance at any time at our discretion. As of November 19, 2018 we had not reached a binding contract agreement with the customer. We do not consider the cash received to be backlog at November 19, 2018."

[dshade]

the bridge notes mentioned in 8k create pause due to uncertainty. once that resolves, hopefully after commissioned equipment resumes in early in 2019