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ZBB Energy Corporation Common S Message Board

  • jeff5tg jeff5tg Jun 27, 2013 1:29 PM Flag

    Moose, here is the tax credit info, just about forget about it : )


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    Advanced Energy Credit for Manufacturers (IRC 48C)


    The Qualifying Advanced Energy Project Credit was enacted by the American Recovery and Reinvestment Act of 2009 on February 17, 2009, as section 48C of the Internal Revenue Code. This credit provides an investment tax credit of up to 30 percent of qualified investment in a qualifying advanced energy project, which is defined to be a project which establishes, expands or re-equips a manufacturing facility for the production of any of the following types of property:"

    To use the full $15 million (14.8 actually but who cares?) they have to invest $45 million dollars and have the qualified property placed in service by June 9, 2014. Think it likely? GE could do it if it has a project in the works and about ready, but ZBB can't.

    A deal that sells ZBB in a careful way to preserve the NOL carry-forward to a firm with something already going and qualified for the tax credit could produce a decent price if the intellectual property is worth anything. The odds of this are slight.

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