(Total Views: 144)
Posted On: 01/20/2023 5:54:32 PM
Post# of 13565
No loan, No $, No experience and 2 yrs away
The company has ZERO chance to compete in the solar panel industry. Everyone around them is off and running since new government incentives have kicked in. It's crazy reading about 4GW and 5.2GW plants being built etc etc.
PT.IDN has to see this unfolding if they have their eyes open. Their partner is getting insurance wraps and in the bread line begging for money with no experience, collateral or historical revenue to show.
Late to the party and empty-handed again and again and again. All the while the solar panel industry is lapping Spp every few months.
This whole solar panel plant idea is turning out to be a worse joke than Durango Mexico and Australia projects announced years ago. When the tweets start becoming pictures of shiny equipment and quotes from unnamed sources at a state governmental level...you know it's still in PROMO mode.
Everyone, finally, seems done lending this company even a penny. Where has all of the convertible and non-convertible loan $ gone? The company has just about zero operations going on and 1 employee (the ceo) for years.
in my humble opinion
cheers
The company has ZERO chance to compete in the solar panel industry. Everyone around them is off and running since new government incentives have kicked in. It's crazy reading about 4GW and 5.2GW plants being built etc etc.
PT.IDN has to see this unfolding if they have their eyes open. Their partner is getting insurance wraps and in the bread line begging for money with no experience, collateral or historical revenue to show.
Late to the party and empty-handed again and again and again. All the while the solar panel industry is lapping Spp every few months.
This whole solar panel plant idea is turning out to be a worse joke than Durango Mexico and Australia projects announced years ago. When the tweets start becoming pictures of shiny equipment and quotes from unnamed sources at a state governmental level...you know it's still in PROMO mode.
Everyone, finally, seems done lending this company even a penny. Where has all of the convertible and non-convertible loan $ gone? The company has just about zero operations going on and 1 employee (the ceo) for years.
in my humble opinion
cheers
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