Comments on: VRB Power terminates most of staff, calls outlook grim

By: G. Bannister

G. Bannister — Fri, 19 Jun 2009 11:29:30 +0000

This company paid directors and senior staff 6 figure incomes using shareholders money. The company should have operated as a small business and expanded as sales increased if they had any business sense at all. I believe the battery assembly was not cost competitive in it’s design as it should have been.
The new board of directors should be paid only out of profits and the management team should only get commission on sales without a base wage as should the sales staff. The marketing should be through dealerships with no direct sales. Shareholder money should be used to build product, and the dealership network should control the product design and constantly make the product better in cost and function.

By: Former Employee of VRB

Former Employee of VRB — Mon, 08 Dec 2008 18:24:43 +0000

I worked at VRB power from March 2007 through to July. I couldn’t get out of there quick enough. It was managed by a group of people that were technically astute however, had no brains for business. I witnessed many decisions that had no economic sense. It’s a shame that it was so badly run, it was a good technology

By: Geoff A

Geoff A — Tue, 25 Nov 2008 10:55:13 +0000

Cyril R, I’m afraid you are badly wrong. Vanadium Redox had the opportunity to amswer almost all enbergy storage problems and challenges. In fact I strongly believe this is one of the reasons why VRB Power failed to execute, it was fazed by the targets.

By: Cyril R.

Cyril R. — Wed, 19 Nov 2008 16:00:47 +0000

It wouldn’t have been more than a niche solution anyway; there’s not enough vanadium for wholesale energy storage.

By: VRB Power terminates most of staff, calls outlook grim

VRB Power terminates most of staff, calls outlook grim — Wed, 19 Nov 2008 14:17:27 +0000

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