Lots of misinformation in this attempt of a short to drive the price down. No surprise there.
The statement that they have no earnings coming from the plants when developed is not accurate the program will be 90% to the monetizer and 10 % to Raser and the period is 7 years not 10. Also the monetizer pays cash up from for the tax credits. There are to many other misstatements and distortions to address.
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Lots of misinformation in this attempt of a short to drive the price down. No surprise there.
Aug 06 12:20 pm
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All Comments by peytopolo »The Short Case on Raser Technology [View article]
The statement that they have no earnings coming from the plants when developed is not accurate the program will be 90% to the monetizer and 10 % to Raser and the period is 7 years not 10. Also the monetizer pays cash up from for the tax credits. There are to many other misstatements and distortions to address.