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"Thanks for the nice piece on AEP in today's publication. You explained it correctly... really got it right. In my experience, that's all too rare among even the most professional of journalists!"
Mark Berman, Davis Energy Group / Advanced Energy Products
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."