TheEEStory.com

If Zenn Motors should be driven into bankruptcy by the falling stock price what would happen to their rights to the EEstor technology? Is the contract with EEstor in the company name only or would it belong to Ian Clifford?

The falling stock price limits their ability to raise new capital by selling stock, but I don't see how it could cause them to go into bankruptcy.

In a bankruptcy, the assets of the bankrupt company are used to pay off the creditors.

damn. same topics keep popping up. wish we had a meta-data tag system or some such.

Sorry I offended you Generic.

Now, I know in bankruptcy any remaining assets are used to pay off creditors and not stockholders, but If this should happen, would the EEstor deal be regarded as an asset and how would it be disposed of?

I'm trying not to bee too negative but Zenn's income is from selling cars. Right now no one is buying cars. They are keeping the lights on with credit but the bills still need to be paid. As the stock price approaches zero new lines of credit will be difficult to establish. Another delay by EEStor with the current failing economy could be all it takes.

OK Generic, insert sarcasm.

NP. Not offended in the least.