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Re: DesignLine is seeking $3 Million loan in order to fund NJ Transit order

Posted by JAzumah on Sat Aug 31 11:08:18 2013, in response to Re: DesignLine is seeking $3 Million loan in order to fund NJ Transit order, posted by RailBus63 on Sat Aug 31 09:32:31 2013.

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That is the thing. They should have had an EcoStripper model that could compete near Gillig's price point and forget the "technology". However, the technology seems to be generating all of the investor interest. The main asset they have is the NJT contract. That is the only thing that they can hinge their future on. They need a strategic investor that will force them to deliver the goods.

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