What about the New Bedford plant?
What about it? How much has LLEG invested in this site? How much of the reported $2.7M on the books was invested? Unknown. They say they have operational control of the plant, and are entitled to its revenues. How much are those revenues? Are they entitled to 100% of the heat revenues, or splitting them with someone else?
There's nothing to indicate this won't be an attempted replay of Berlin - project management. Another Cate comes by to pay LLEG a $5M fee, with Konarka kicking in money for the solar part - as a show piece for their business. A few years hence LLEG gets their fee (pay day), and goes onto the next project. Doesn't matter if the common stock remains Grey or not.