Here's the kicker.......
So the Chinese wanted to buy both of the companies the story mentioned.
Evergreen already went through with the deal.
RLMAO!!!!!
Konarka has fallen into the same bankruptcy shadow cast by Bay State clean-energy crashes Evergreen Solar and Beacon Power, both backed by controversial taxpayer subsidies.
Berke indicated in Konarkas announcement that he hasnt given up hope that a rescue financing or acquisition would materialize during the bankruptcy proceedings. He noted worldwide interest in the company, including from the Chinese government whose subsidies for its solar industry prompted the Obama administration earlier this month to impose punishing tariffs.
Berke, who was not available for comment, founded Konarka in 2001 with Nobel Prize-winning chemist Alan Heeger and a team of scientists at UMass-Lowell.
So the Chinese wanted to buy both of the companies the story mentioned.
Evergreen already went through with the deal.
RLMAO!!!!!