At last we are seeing some real money! $20 million is great. However, the planned use of the money is preposterous:
Sunrise offer is also conditional on Brillouin striking preliminary agreement to acquire at least one “stranded asset” conventional fuel source small scale (5-10MW) Power Plant, with existing conventional co-gen equipment, and replacing (retrofitting) old fuel source with Brillouin’s hot tube NHB™, together with renewal of an operating power purchase or steam heat contract with an industrial or a utility This is inventing a railroad train, using it to transport horses, and then riding on the horses to get where you want to go. - Jed
