RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Note At first glance a bad deal, but the investors give money and determine ...
Wait until the VRB company is re-launched.
See the Vanspar- website:
• VRB benefits from Prudent's US $ 70 million investment in battery
development Including 20 MWh installed at over 50 sites; 800,000 hrs of
reliability testing; and a robust IP portfolio of over 60 patents on cell stack
design, in-house development membrane, and electrolyte chemistry.
• With validated product, ~ $ 3.5 million in inventory, and core team inplace,
the company can be re-launched into a Rapidly expanding market.
• VanSpar is seeking a $ 7- $ 10 million round of investment.
• Forward revenue of $ 200 million on 500 MWh of system sales.
• Full five-year discounted cash flow model is available for detailed review.
https://www.vanspar.com/download/VRB-BusinessOpportunity-Mar-2016.pdf