Stocksniperz, MIT - GRANT MONEY....
I found this on yahoo finance:
"LIKE I SAID BEFORE I WORK AT MIT AND IN TODAY'S TECH TALK(mit news paper) IN THE FRONT PAGE THEY POSTED THE $20 MILLIONS GRANT TO MIT, TO BE USED IN CLEAN ENERGY TECHNOLOGY, BEACON POWER IS NEXT IN LINE TO GET OVER $110 MILLIONS, HALF IN LOAN AND HALF IN GRANT, MAYBE MORE TO COME."
Good to see you on board...GLTY.