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The council finally withdrew the funding for Earthcare Energy this morning. I am exhausted by this fight but relieved that our city money is safe for now. Stay alert because we need to watch where these funds are redirected next.

May 31, 2012

Stop the Earthcare Energy Loan

Stop the Earthcare Energy Loan

🏆 Won — 103 supporters Verified

Final supporters

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green m.
B
Bob J.
K
Karen A.
B
brett k.
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Samantha L.
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J E.
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Tim E.
A
Alan B.
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greg m.
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Someone
+93 more
Started by Anonymous 14 years, 4 months ago
The 4.8 million dollar loan to Earthcare Energy, which was recently approved by the Evansville City Council at the request of Mayor Winnecke, must be stopped. The loan was approved by a 5 to 4 vote and was based on primarily false information provided by the Earthcare Energy representative. Since the loan was approved, significant amount of real and relevant information has been discovered. Eathcare Energy is a company with zero assets, and the principals of Earthcare Energy have no proven record of successfully starting a business and executing a business plan to manufacture and market a new product. The track records that do exist are those of failure. Along with failed prior business ventures, the principals have a record of bankruptcy, tax liens and criminal convictions. Aside from Earthcare Energy being a questionable company, there are significant issues with the product itself. The Total Flow Generator lacks a patent and has significant competition. There is a much better product already on the market that is being sold all over the world by major companies such as GE and Siemens. The Earthcare Energy loan is a guaranteed loss of 4.8 million dollars for the City of Evansville. Instead of giving money away to strangers, the money would be better spent on existing companies in Vanderburgh County with proven trackrecords. Please sign this Petition to stop this waste of tax payer dollars!

Updates

May 7, 2012

Reaching this point has been an exhausting uphill climb but seeing the momentum grow gives me the resolve to keep pushing forward. It is clear that I am not the only one concerned about this misuse of our funds. We have a long road ahead before the council acknowledges the truth about these people.

Reached 100 supporters

May 7, 2012

6 Comments

S
Sarah Reyes
14 years ago Featured

Total scam. Why on earth would the city council approve this with people who have bankruptcies and criminal records???

L
Linda Ford
14 years ago Featured

How did they even get past the first meeting. Seems like someone on the council got paid off.

K
Karen Conway
14 years ago Featured

Stop this now. So tired of seeing my tax dollars go to these shady deals.

J
Jason Harris
14 years ago Featured

Waste of 4.8 million. We have potholes that need fixing and they are throwing cash at a company that is going to go bust in a month.

M
Mike Walsh
14 years ago Featured

Ridiculous to hand over tax money to people with zero track record. This is our money not a charity fund for failed businessmen.

D
Dave Castillo
14 years ago Featured

Keep our money in evansville for companies that actually work and have real assets. this is a joke.