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Quantum Announces Letter of Intent for $20 Million
Wed 9:31 am ET (PR Newswire)
Quantum Fuel Systems Technologies Worldwide, Inc. , today announced that it and its subsidiary, Quantum Solar Energy, Inc. , has entered into a non-binding letter of intent with New Energy Systems, LLC , which sets forth the terms by which NES would invest $20 million in Quantum Solar in exchange for a 34% ownership interest in Quantum Solar.
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| Market Capitalization: | 49B | | Price
/ Earnings: | NM | | Price
/ Book: | 4.5 | | Net
Profit Margin (mrq): | -4.2% | | Price
To Free Cash Flow (mrq): | -33.1 | | Return
on Equity: | 0.0% | | Total
Debt / Equity: | 0.0 | | Dividend
Yield: | 1.8% |
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