Third milestone payment

The third milestone payment came after Zenn's December financial statement.

From Zenn Motor:

$100,000 initial investment made in October 2005

$650,000 upon financing made in January 2006

$550,000 investment based on EEStor reaching the purity testing/production capacity milestone made in February 2007.

The info is on the Zenn Motor website. Click on "learn" then "company" then "EEStor."

Reply

The content of this field is kept private and will not be shown publicly.
Become a cleantech industry insider - click to follow cleantech