Anyone have news in regard to progress at Tres Amigos ?
As for the lawsuit in China we are coming up on the 2 year anniversary of the Sinovel IP theft with little if any progress. Who knows this thing could be completely settled three to five years from now and with an unfavorable ruling-------knowing how the Chinese courts work. In China it is easier to get a kidney from an executed Chinese prisoner than get a favorable court ruling.
Wish I had sold my shares at 40 two years ago "Ahead Of The Crowd". ..........Tickerguy
There is no mention of any new news on their website.
Be patient, new announcements will be made. Remember Nexans Ampacity, follow up orders from Inox Wind,... The future is bright, it's up to management to manage!
Catalyst for new initiatives could be the replacement of Sinovel's chairman, government orders, RWE orders, even Chinese orders. AMSC is expanding and diversifying, and the Chinese know AMSC offers the grid solution they need!
If the Sinovel law suit doesn't favour AMSC, be sure it will not harm them anymore!