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stockmaster523

08/06/09 2:35 PM

#289 RE: stockmaster523 #288

100 million dollar grant is a huge thing for this company look a the balance sheet this is a multi bagger stock
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lowpdop

08/06/09 4:55 PM

#308 RE: stockmaster523 #288

actually essentially 200 million grant, and this would only be stage one.

"The U.S. Department of Energy will provide funding of up to $99.8 million that will be matched by Project participants. Federal matching funds will be used to design, deploy, and operate a mature charging infrastructure in support of future wide-scale deployment of EVs, and to evaluate the means to improve the effectiveness of this charging infrastructure."

http://finance.yahoo.com/news/ECOtalitys-eTec-Awarded-100-bw-2310061986.html?x=0&.v=1