They asked for a grant to help build the plant--who doesn't like free money?
Your suggesting that because they might get a grant, that they designed a MT. That's just goofy.
I went up to there wewbsite coatsengine---They're claiming a reduction od NOX that will let piston engines meet air quality standards.
They have a nat. gas genset for sale.
And, they claim a 5 times longer oil change interval.---takes a lot of the hassle out of owning a piston genset.
You mean that wrightspeed designed a MT, but had no plan to build it? Do you think they are that stupid?
Selling expensive capital equipment requires a close relationship with the engineers that are designing the projects. This is not done from LA.
But, Capstone should have a sales and training effort to the large int. cos. to build a desire to use the products.
The distributors will add the salesmen--They will probably sell other products becides Capstones.
THe wright 85 kw turbine is 3 turbochargers--a heat exchanger--a fuel supply--and, an off the shelf generator.
It will never work. Wrightspeed is toast.
Capstone spent about 50 million dollars rebuilding C200s in the field. To make a decent product.
If that 50 mill. was spent on a 250kw product, the stock price wouldn't be 35 cents.
Spending 10s of millions to develop and bring the C250 to market is an act of desperation. That the project is 5 years old reflects the failure of the C200 as a marketable product. A product that can be made at profit and sold at a price point that the market will buy.
They would be trying to avoid 'anticipated' warranty costs.
Capstone is not profitable now, and, every time a c1000 ships with 5 C200s, about $ 100,000 ships out the door.
If those boxes were built with a 250 kw MT that money would go to the bottom line.
Making the c200 was a mistake that Capstone may doom Capstone.
7 thumbs down and the announcement o the sale of another C1000 box. $80,000 to $ 100,000 being shipped out the door because it isn't being built with 4 C250s.What a waste.
4 thumbs down, but, no one is making a case that I'm wrong. If I was wrong, we wouldn't be waiting for the C250 to start selling.
Can Capstone stay in business long enough to bring it to market?
Kevin, what does this have to do with the desperate effort of capstone to bring a C250 to market.? To fix the problem caused by deciding to build a C200 ten years ago.
The first time Capstone put 5 C200 into conex, to make a C1000, they thought 'Dam, we could have done this with 4 MT's'
The Mfg. cost of the C250 will be almost the same as making a C200. They are now putting $100,000 into each box ( C1000) and shipping it out of the factory.
My $58k investment in Capstone is know worth about $ 10 k. ---I'll continue to post my thoughts about owning capstone for 12 years. I wish I drank
I really wish that I hadn't added 10,000 shares on the 5/8 drop from $2.55---$1.30