InvestorsHub Logo
icon url

RoboTrader

11/28/11 3:44 PM

#5740 RE: Ecomike #5736

I read about Mr. Capp's assessment as to why they stated it was worth $12M. He said without Beacon's expertise, it's worth much less.

I can almost promise you that when the bidders come up to bid on this plant in late January, they won't be bidding that low for it. The NY plant is almost done and when it is completed, it's a revenue generating plant. It won't take much to complete it.

Keep in mind, DOE is still granting money to Beacon for other projects. It's not like it's a big battle between the DOE and Beacon, they're actually working together.

Also keep in mind that there are a number of strategic investors involved as well. I believe that's the key in all of this since that was Beacon's intent in the first place.

\\//_