CBD 0.00% 1.1¢ cbd energy limited

Now Centrosolar from Germany has hit the wall in its home...

  1. 761 Posts.
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    Now Centrosolar from Germany has hit the wall in its home country and is trying to salvage itself in the USA http://www.pv-tech.org/news/insolvency_could_mean_stateside_move_for_centrosolar

    "The management of German rooftop PV installer and module manufacturer Centrosolar has unveiled an insolvency plan, which has been approved by the company’s creditors’ committee. The main thrust of the plan is that Centrosolar will in future focus on the US market, trading as Centrosolar America. The plan still requires several further stages of approval before it can be implemented"

    Well get in line buddy, CBDNF got there first(OTCBB CBDNF last trade 19 Feb, 100 shares at USD$15 (good premium to their last close in Australia at around $3
 
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