Replies to post #3856 on Technipower Systems, Inc.(fka TECZ)

[Toastamatic]

Well it may be too low, but perhaps they have no other option now but to cut it loose to clear the debt. It would be an admission that they made a mistake to acquire it in the first place, but better that that them going bankrupt due to their debt load.

It does seem strange that they would want to change the name to Technipower if they had intention to sell that part of the business.

If they truly want to turn their patents into products then they will need the funding to do so. If there is no source of outside funding, then they will need to sell what assets they have in a deal such as this.

[n8dogg7770]

Joyceschoice,

It might be a lot harder for the company to realize their full potential and for us shareholders to reap the benefits if an option like selling the Technipower portion of the business isn't at least considered. Of course nobody wants to see it sold off, especially if they are producing contracts and contributing to what revenue Solomon does have. But looking at the continuous dilution for financing has been a big factor at getting us to where we stand today... which is below .004.

IMO... a few more contracts would be nice, but most likely (unless it were an enormously lucrative contract) it would cause a slight bump in the share-price followed by it pulling back within a day or two...