Capstone Energy Inc (QX) (CGEH)

Carnivore’s Trader Z just went long CGEH…….

I found this company's technology interesting years ago and always wondering why they struggled so much. It is interesting to see the recent recovery.

Toofuzzy

Is it time to start panic-selling? Asking for a friend.....

Court: C.D. California

Case: 2:23-cv-08659
Deadline to Submit Claims for the $2.25M Capstone Green Energy Settlement is October 23, 2025

The final payout amount depends on your specific trades and the number of investors participating in the settlement. If 100% of investors file their claims - the average payout will be $0.16 per share. Although typically only 25% of investors file claims, in this case, the average recovery will be $0.64 per share.

Who is eligible?

All persons who purchased or otherwise acquired publicly traded Capstone Green Energy securities during the period from November 11, 2020, through October 4, 2023, inclusive, and were damaged thereby?.

Do you have to sell securities to be eligible?

No, if you have purchased securities within the class period, you are eligible to participate. You can participate in the settlement and retain (or sell) your securities.

How long will it take to receive your payout?

The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.

How to claim your payout — and why it's important to act now?

The settlement will be distributed based on the number of claims filed, so submitting your claim early may increase your share of the payout.

In some cases, investors have received up to 200% of their losses from settlements in previous years.

Here's a company that will process your claim!

https://11th.com/cases/cgrn-investor-settlement

Good Luck!

$CGEH https://finance.yahoo.com/news/capstone-green-energy-announces-financial-131500621.html

See news today.k

Hello, im new to this board but not new to shareownership and got wiped clean on this company as well.

Does anyone here have any insight on prospects or should i sell what i have left at this price and just plan on using single-ply TP for ever?

And.... What??????
I am supposed to just believe whatever they have written "About Us" on the website they manage???? Seriously?

Well, I posted a link to "about us" and that wasn't hard to find either...

You're welcome... Jerk.


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Such a F***ing know it all (or so you think.....)
Didn't ask anyone to find it for me!!!!!!! Yeah I found it all by my little lonesome😒😒
THE QUESTION WAS:
Anyone here familiar with 11th Estate?
Just looking for feedback from anyone who has any experience/history with 11th Estate (good or bad)

More.... It concerns this.

SEC Investigation

In June 2023, prior to the issuance of the Company’s consolidated financial statements for the fiscal year ended March 31, 2023, the Audit Committee of the Company’s Board commenced an Investigation into certain accounting and internal control matters of the Company, principally focused on certain revenue recognition matters (the “Revenue Recognition Investigation”), and self-reported its findings to the Division of Enforcement of the SEC. Following the self-report, the SEC Enforcement Division commenced an investigation into the circumstances surrounding the restatement of the Company’s quarterly and annual financial statements (the “SEC Investigation”). The Audit Committee further self-reported its findings pursuant to an investigation into FPP related practices to the SEC. The Company is cooperating with the SEC in connection with its investigation. Investigations of this nature are costly and require management to devote significant time and attention away from the ongoing operation of the business. The Company cannot predict the duration or outcome of this matter and has not recorded a liability as of September 30, 2024, as a loss cannot be reasonably estimated.

https://www.otcmarkets.com/filing/html?id=17961480&guid=mg0-kK05OdjSJth

Complaint:

https://drive.google.com/file/d/1xXCG4-JiN4XpW5DgFFvwY3YNQ59DcDcu/view



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Wasn't hard to find...

https://11thestate.com/about-us

https://11thestate.com/cases/cgrn-investor-settlement


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$CGEH aka $CGRNQ $CGRN Anyone here (IF there even IS anyone here....) familiar with 11th Estate??
https://stocktwits.com/11thestate/message/600808808

$CGEH
https://ir.capstonegreenenergy.com/press-releases/detail/4032[/tag]

$CGEH

$CGRNQ $CGEH My Shares of CGRNQ have been replaced with shares of CGEH effective today 1/6/2025

https://ir.capstonegreenenergy.com/press-releases/detail/4031

info update

Thousands of new shares going to board members this week. After 100% of the shares we all invested in over the years have been wiped out and cease to exist, these crooks just keep sucking on that teat. It's so infuriating. Every single member of the board, every single officer who's ever been associated with this company, they're all guilty of fraud and should be in prison, especially Daren "Hockey Stick Growth" Jamison. If it were up to me it would be a Russian prison.

Hi. Has anyone got to pay withholding tax?

I’m charged 15% based on the fair share value of $1.14.

Hi. Has anyone got to pay withholding tax?

From today's press release:

John Juric, Chief Financial Officer of the Company, said, “I would like to express my appreciation to our customers, vendors, and business partners for their patience and support. I am also deeply grateful to our entire Capstone team for their hard work in continuing to execute the Company’s strategies throughout the restructuring.”

"Shareholders," Juric added, under his breath, away from the microphone, "can bite my unwashed ass! Mwhahahahaha!"

Unfortunately, shareholders are last in line for any dispensation from the bankruptcy.

It is a travesty.

Well here's a hale and hearty FUCK YOU to Darren Jamison. This technology had a future and should have been highly successful well over a decade ago but thanks to that shit stain's piss poor management along with the chicanery and subterfuge the equally worthless board of directors allowed him to get away with while they all sucked every last suckable dollar of life out of the company, that's all she wrote. I guess now the patents will be up for grabs and somebody with a lick of sense will figure out how to monetize them. Don't guess I'll ever get a dime out of it though.

CGRNQ: BK PLAN effective. All shares cancelled.

https://otce.finra.org/otce/dailyList?viewType=Deletions

bottom

Bounce but we’re is bottom

CGRN changed to CGRNQ, bankruptcy. Delisted from the Nasdaq to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

I disagree it will be harder to get rid of my stock. Over the years I've gotten rid of thousands upon thousands of shares and I've never lifted a finger in doing so. I just sit here with my thumb up my ass while they keep doing reverse splits and viola! Shares gone!

Sorry---- wrong worthless stock.😭

Those share weren't created out of thin air. PBIO can't pay it's bill with cash so, they pay all the money they owe every month with 6 moth restricted shares. Because the price keeps dropping, the holders of the restricted shares are dumping the shares as they become unrestricted---and are losing money. Pretty soon the people PBIO owes money to will stop accepting worthless shares and force bankruptcy.

Just saw this chapter 11 filing. Agree the BOD and the company should be investigated by the SEC. Total scam all these years only to come to this.

1.8 million new shares just created out of thin air. Enjoy your dilution fellow shareholders!

https://ir.capstonegreenenergy.com/all-sec-filings/content/0001493152-23-034784/formsc13g.htm

From a Company standpoint I think this is a good thing (chapter 11). The Albatross around the Company's neck has always been the Non-Stocking Distributor Sales/Service business model that sucked about 25% (Distributor discount) off the top of all revenues. Chapter 11 will make it easier/cheaper to get rid of the Distributors and replace with direct sales/service people---sending additional 10-15% straight to the bottom line----generating profits for the first time in---well---forever. Also, they can stop chasing shinny crap like micro-turbine powered trucks/buses, hydrogen economy, range extenders, etc., and focus on what they do best.

From a shareholder standpoint---I don't know. It will be harder to get rid of your stock because it is going to be a private corp. instead of a public corp.. It all depends on if the new Company will pay dividends, and how much---that will set the stock value.

Chapter 11.

The only thing that surprises me is that it took so bloody long. I'm sure DJ figured the longer he could hold off the more $$ he could bleed out of this rock. Coupled with the announcement of what is no doubt a toxic financing agreement with Goldman are we finally looking at the death rattle or will it keep limping along issuing new shares and executing reverse splits for another year or two?

Such a shame. A great tech that could have and should have really taken off a decade ago but was just never allowed to get there by incompetent unscrupulous managers and directors who only sought to line their own pockets to the detriment of shareholders.

IF the new CEO gets rid of the non-stocking distributors and replaces them with direct sales/service people---at least 10% will go straight to the bottom line, and they will eventually start making a profit. 😍 If the new CEO leaves the distributors alone and chases, trucks, hydrogen, and all the future glitter like DJ did, well, turn out the lights---the party's over. 😭

New beginning or death rattle? DJ resigns effective next week. Either way, good riddance to bad rubbish!

There is a god !!!

LOS ANGELES, August 14, 2023--(BUSINESS WIRE)--Capstone Green Energy Corporation (NASDAQ: CGRN), announced that Darren Jamison has resigned as President and CEO, and board member of Capstone Green Energy, effective August 22, 2023.

Now, maybe they have a chance of not only survival, but profit. 👍️

I couldn't agree more. Millions in sales and quarter after quarter after quarter for going on 20 years DJ has stepped up to the microphone to blow smoke up all our asses and tell us about how EBIDTA break even is juuuuust around the corner. Meanwhile his salary keeps going up and he keeps cashing in those options for more shares they create out of thin air in between the reverse splits that artifically boost the price for five minutes until it crashes right back to the same level it was at before only now there's 2 or 3 or 5 times as many shares. Management and the board of this company should be subject to SEC action for fraud in my opinion.

hondo I too haven't been back to this board in a while. Still have what fee shares I have after all the reverse splits..Saw they issued more shares a couple of days ago so I thought I would see what the board was saying. Agree Jamison needs to get canned and the BOD sued for allowing this to go on for years. Never turned a profit in all the time I have been in this stock. Any other company and he would have been canned a long time ago. BOD must be on the take to allow this to happen. Buyers beware.

Thanks for DD....wz

Ziggy....over the history of this company they either keep going out and issuing shares (which happened two days ago) or they do reverse splits. Why Jamison and his merry group of of 'high executives' are allowed to rape this company i still do not understand but beware. It has been going on a long long time. Every turned a profit?? What is that!!!!

What is driving stock down?

Well...havent checked the board in a while. Nothing great happening...Today
two more news items....CGRN expected loss again ...ok....and CFO resigns...smart move probably...No news to all us folks who have been here for years. Only way this company is EVER AND I MEAN EVER TURN A PROFIT IS FOR JAMISON TO LEAVE OR GET KICKED OUT...You cant make all this crap up for years...PR's of SALES,SALES AND SALES..yet always a loss....seriously...give it up executive board...you guys are just feeding your faces....not even crumbs to the shareholders...enough said.

Right next six bucks soon

Still looking good, even with how the markets are going lately!

https://www.marketwatch.com/investing/stock/cgrn

Still looking good, even with how the markets are going lately!

https://www.marketwatch.com/investing/stock/cgrn

Huge day...

CGRN on the move.

Dave

Let's say you are a Hog farmer with a substantial "poop pit". What makes more sense---use an expensive micro-turbine generator, or use a diesel generator at 1/3 the cost (or less). My bet is the farmers out there go the same route as all the truckers out there. That is micro-turbines are great circle-jerk subjects, but diesel is more economic.

With oil above $90 and USDA Billion dollar investment and grinding toward breakeven. I don't see how this remains at this level. Since many mutual funds can't buy it until it hits $5 we should see a nice uptick when funds begin to grab a position.

Their investments in the UK facility... and rental fleet...and partnerships are about to finally pay off. Based on last CC which I have listened to over 10 times. Most of the write-offs... damages... and cost were figured into Q1 and Q2. This is the first quarter they get to shine.

All we need is a significantly lower cash burn and getting close to EBITDA breakeven. This could get very fun in the coming months.

Baker Hughes... EV... PV... methane capture... all right down CGRN's alley.

Look forward to it.

Dave