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.
Raser Technologies: The Long Case [View article]
Raser Technologies: All Talk, No Profits [View article]
We may get more details on the financing package today.
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.