Lpe is a capital intensive company that can't make a profit, even with 40, 000 customers. The more customers lpe gets the higher the costs increase. The question needs to be said is lpe sustainable.
first it was strata groups, then it was soe and retailers, now it solar. All these swings in direction, all they have done is increase debt and capital raising, with no accompanying profit to cover the debt and capraisings.
at what customer level are loe going to show some solid profit, that's the question
Ann: LPE Raises $6 million via a Placement, page-31
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