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The full news release can be found here.
Hard to maintain my enthusiasm when a 20K investment 18 months ago is now 2K
I still cannot find any newsrelease.
Where was it filed?
The notorious “Green” sector has vivid examples of bribery, theft, incompetence and high-priced inefficient technology. The Foundry publishes a most informative list of President Obama’s Taxpayer-Backed Green Energy Failures. “So far, 34 companies that were offered federal support from taxpayers are faltering — either having gone bankrupt or laying off workers or heading for bankruptcy.” Examine the specific site links for expanded details.
1. Evergreen Solar ($25 million)*
12. Abound Solar ($400 million)*
23. Thompson River Power ($6.5 million)*
2. SpectraWatt ($500,000)*
13. A123 Systems ($279 million)*
24. Stirling Energy Systems ($7 million)*
3. Solyndra ($535 million)*
14. Willard and Kelsey Solar Group ($700,981)*
25. Azure Dynamics ($5.4 million)*
4. Beacon Power ($43 million)*
15. Johnson Controls ($299 million)
26. GreenVolts ($500,000)
5. Nevada Geothermal ($98.5 million)
16. Brightsource ($1.6 billion)
27. Vestas ($50 million)
6. SunPower ($1.2 billion)
17. ECOtality ($126.2 million)
28. LG Chem’s subsidiary Compact Power ($151 million)
7. First Solar ($1.46 billion)
18. Raser Technologies ($33 million)*
29. Nordic Windpower ($16 million)*
8. Babcock and Brown ($178 million)
19. Energy Conversion Devices ($13.3 million)
30. Navistar ($39 million)
9. EnerDel’s subsidiary Ener1 ($118.5 million)*
20. Mountain Plaza, Inc. ($2 million)*
31. Satcon ($3 million)*
10. Amonix ($5.9 million)
21. Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
32. Konarka Technologies Inc. ($20 million)*
11. Fisker Automotive ($529 million)
22. Range Fuels ($80 million)*
33. Mascoma Corp. ($100 million)
Now expand the creativity of the subsidy culture to the bankruptcy constituency. The report, Union That Bankrupted Hostess to Receive Generous Government Subsidies, will push you over the edge.
“Last year, the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union refused to accept concessions that would have kept Hostess in business. The company had tried to cut costs as it faced high labor expenses, rising ingredient costs, and decreasing sales. The Teamsters union accepted the concessions, but the Bakery union would not, choosing to strike. Unable to continue operating, Hostess filed for bankruptcy.
link for above
What does the above have anything to do with AMY or the article?
Thanks so much for this!
To name three.
What is Larry talking about… AMY is the lowest cost producer… woulda coulda shoulda… did I miss something… there aren`t producing anything yet… and the last remark… he probably bought in the high 20s or low 30s… yeah I wouldn`t sell my shares for 3 cent either…
Al what I dont get about you is that you complain about politicians using tax payer dollars inefficiently and negligently , yet most these mining guys you bring on pay themselves large salaries, spend loads of money on IR and travel…both using other peoples money. I think this makes you a giant hypocrite.
The market will bottom when this site is forced to be taken down because the “sponsors“ will have mostly been delisted.
How much does Larry Reaugh pay himself…how many companies has he been involved with have gone to zero…why do you not ask these questions…it is cause you are a paid shill…
Jesse, you sound a bit like an underwater investor who has not yet taken responsibility for his own investment decisions… which would at least attempt to explain the personal attacks.