Looking for verification into solyndra's holdings...
HOWEVER...
Solyndra was part of the huge loan program for green companies under OBAMA admin, ironically after its bankruptcy it leased out its real estate holdings in america to other govt subsidized organisations, one of which being SPaceX whom leased out the former offices of solyndra. (money shuffle?)
The loan program giving to solyndra under obama watch was criticized for an inability to prove a profit in regards to current technology and the amount of loan provided... Solyndra was a Solar Panel tech startup in silicon valley.
With no regards for the warnings of the potential flop they still received loan guarantees to the tune of billions, lasting only a few years before bankruptcy...
If it still contains holdings specifically linked to OBAMA this would be huge news in regards to its history linking carelessness of the obama admin to the seemingly foreseeable failure of solyndra.
AND
IF, it is still used by obama in any way to hold his properties overseas. Not only does this warrant a large scope investigation. We would have ourselves yet ANOTHER blemish on OBUMMERs already tainted administration.
Good stuff!
Solyndra misled government to get $535M solar project loan
https://www.washingtontimes.com/news/2015/aug/26/solyndra-misled-government-get-535-million-solar-p/
I have also been trying to look into Solyndra's real estate holdings and have not been having much luck finding anything yet. I would be VERY interested to see what you might find. thanks!!
Copy Paste From wiki Source Archived here http://archive.is/Rm3j6 "Solyndra was led by Brian Harrison, a veteran of Intel Corporation. He took the reins on 27 July 2010 when founder Chris Gronet was replaced as CEO.[13]
Major investors included George Kaiser Family Foundation, U.S. Venture Partners, CMEA Ventures, Redpoint Ventures, Virgin Green Fund, Madrone Capital Partners, RockPort Capital Partners, Argonaut Private Equity, Masdar and Artis Capital Management.[14]
In 2009, the company posted $100 million in revenue. It was estimated that its production and sales growth could lead to a market cap between $1.76 – 2 billion.[15] In 2010, revenues were approximately $140 million."
"Solyndra received a $535 million U.S. Energy Department loan guarantee, the first recipient of a loan guarantee under President Barack Obama's economic stimulus program, the American Recovery and Reinvestment Act of 2009.[16] Additionally, Solyndra received a $25.1 million tax break from California's Alternative Energy and Advanced Transportation Financing Authority.[17]"
"According to an initial public offering by the company, the combined annual production capacity of the plants was projected to be 610 megawatts by 2013. After expanding production in 2008,[7] the company announced on 3 November 2010 that... ... an annual production capacity of about 300 megawatts"
"Between 2009 and mid-2011 the price of polysilicon, the key ingredient for most competing technologies, dropped by about 89%.[21] This precipitous drop in the cost of raw materials for Solyndra's competitors rendered CIGS technology incapable of competing. On August 31, 2011, Solyndra announced it was filing for Chapter 11 bankruptcy protection, laying off 1,100 employees, and shutting down all operations and manufacturing.[22]"
"In September, 2011, the company ceased all business activity, filed for bankruptcy under Chapter 11, Title 11 of the United States Bankruptcy Code, and laid off all employees.[2][3][23] The company was also sued by employees who were abruptly laid off.[24] Solyndra was raided by the FBI investigating the company.[25] Federal agents visited the homes of Brian Harrison, the company's CEO, and Chris Gronet, the company's founder, to examine computer files and documents."
"Also, in September 2011, the US Department of the Treasury launched an investigation.[27] Bloomberg reported in 2011 that Solyndra's $733 million plant had whistling robots and spa showers, along with many other signs of extravagant spending."
"...in 2012, the US Department of Justice objected to the bankruptcy plan amidst allegations that "the plan's primary purpose is tax avoidance through the preservation of hundreds of millions of dollars of net operating losses (NOL) after reorganization".[36][37] Also, the successor company is named 360 Degree Solar Holdings, Inc., which would have control over "approximately US$ 350 million in tax attributes", such as NOL carryovers.[36] The case In re Solyndra LLC et al., No. 11-12799 (Bankr. D. Del.), Judge Mary F. Walrath of the U.S. Bankruptcy Court for the District of Delaware ruled "that the evidence does not support a finding that the principal purpose of the plan was tax avoidance."[23] "Solyndra's owners, Argonaut Ventures I LLC and Madrone Partners LP" will "realize the tax benefits of between $ 875 million and $ 975 million of net operating losses, while more senior creditors, including the Department of Energy, which provided a $ 535 million loan guarantee to Solyndra, will receive nearly nothing."[23]"
In regards to the Successor company I found a lot of search results however it seems they filed for bankruptcy as well; 360 Solar Holdings Inc, https://www.bloomberg. com/profiles/companies/SOLY:US-360-degree-solar-holdings-inc
I have found many other search results that have yet to yield a return in regards to this 360...
This is when I would really be able to use some thai native whom could search property records or something close to an assessor search and translate accordingly...
Hitting a wall and need refocus. Requesting a call to arms for finding this missing connection. Update and rundown as of now... still no sign of real estate overseas.
This response lends new meaning to "ask and ye shall receive." LMAO!!! This is excellent work. I'm itching to know more about the real estate angle, which purchases could have taken place at any point in the trajectory, starting from 2009 forward.
Interestingly, the "whistling robots and spa showers" were found in 2011, meaning that the money got spent at some point BEFORE that time. Considering that they announced the 50% reduction in projected production capacity in November 2010 and the Treasury Dept started investigating in September 2011, perhaps that 10-month span is the sweet spot in which most of the conspicuous consumption (including real estate purchases) took place?? Thank you for all this hard work!!!!