the ECTY story is in part ( either small or large ) a part of a broader concept that is Being funded by DOE.
Now ,I know DOE has suspended funding pending further review.
However, it is also very note worthy to note that ECTY has a decent charging station infrastructure build out that would take many months to replace and I just do not see anyone being interested in allowing the prospect of losing this build out to happen.
So in the end i fully expect ECTY to work through the funding issue favorable to the concept of keeping this infrastructure build out in place.
I think either survive or be bought out. If they have good insurance coverage, get an investor, and DOE resumes payments, then they have a better chance to survive but who knows until we hear from them.
if i had to guess i would say our best hope is a buyout of assets.Some one investing here would have to do so with no liability of ecty today.I guess tsla,ccgi (if they have any money) may put bids in. Or premarket tomm we may hear its over and THE FAT LADY HAS SUNG. GOT TO COVER MY THOUGHTS IN BOTH DIRECTIONS all words are guesses and more guesses
do 12000charging stations or whatever number they have have any value?one would think so.Have they got patents worth anything?I do not think the doe owns these charging stations.Who the h knows?Anything and everything is possible. No body woke me so i guess ecty went down again today.hey guyman .R U still watching that charging station website. How many more have been installed since black ecty monday?
Totally agree.... investors have to realized that while we can lose a few thousand$ from stock decline, companies have millions of $$ invested so they themselves will try everything they can to not bankrupt themselves... also the executives have their careers on the line.