Entegrity Wind Systems truly does have great potential for success, but there certainly appears to be some major holes in their business plan.
Entegrity Wind Systems products appears to be reliable and efficient - but getting involved with government to solve the company’s financial problems will end up costing Island taxpayers money. The company needs the necessary business acumen of an entrepreneur to guide this company to success not taxpayer’s bail-out money.
This government’s motive here is to save face and score political points. A business to succeed needs hungry investors trying to protect the loss of their seed capital. It makes the company more creative and the company ends up developing more efficient equipment.
The government should not be involved in business developement due to the simple reason they do not have the necessary skill set or motive to undertake such a task. The government should be offering tax credits or tax holidays to the restructured company and the new investors the company will entice if the company is worthy.
Call your MLAs and tell them we want our scarce tax dollars to be spent on education,health care, and taking care of our aging senior citizens for a better future.
We can no longer afford this type of gov’t - this model is not sustainable.
The government needs to change some parts of its agreement with Maritime Electric in order for this company to be successful. Malcolm Lodge knows exactly what sections need to be changed. You and I spoke about this a couple of years ago,and the solution is part of our new political party’s energy policy.
Malcolm, please do not sit back and expect Richard Brown and Robert Ghiz to throw taxpayer's money at your company so you can maintain control of your baby. That would be the kiss of dealth for your company.
Good luck.
Wayne MacKinnon
Marshfield