OTCPK:JENGQ - Post by User
Comment by
GaillardDeshaieon Mar 11, 2021 8:46am
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Post# 32770819
RE:Texas votes on rolling back energy prices today
RE:Texas votes on rolling back energy prices todayTestomax, well when I'm doing DD, I found, ERCOT will have to reverse the charge, if they are voting for, from February 17th (23:55) to February 19th (total 32 hours). However, they are not talking about February 15th to February 17th (23:55). So, I don't know what can be the charge for JE to be paid. Is it the $50millions on the press release of March 3rd to be paid instead of the $250millions? If so, JE will be able to survive but I hope they will change the corporate financials structure for Texas to an independant corporation doing operation in Texas. GLTA. Gaillard.