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."
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Third milestone payment
Submitted on August 4th, 2008 by David EhrlichThe 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."