CBD 0.00% 1.1¢ cbd energy limited

westinghouse terminates merger with cbd, page-4

  1. 761 Posts.
    lightbulb Created with Sketch. 2
    It helps if your desired USA business partner is a partner - having $20,856 in the bank and nearly $2M in unpaid bills for panels doesn't help.

    I feel sorry for Westinghouse Solar - they have a unique product (for which their might be a significant market) and went the logical route to get it built in China. Unfortunately the US protectionists then argued for and got a 30% tariff put on those same panels when they were imported into the US even though they were build with US intellectual property.

    It is tough and possibly unfair.

    http://www.pv-tech.org/news/westinghouse_solar_financial_position_precarious_merger_deal_cancelled

 
watchlist Created with Sketch. Add CBD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.