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Quantum Fuel Systems Technologies Worldwide Inc. Message Board

  • sandyeggojake sandyeggojake Jan 2, 2013 2:05 PM Flag

    Fiscal cliff patch passes new EPA EV & NGV tax credits.

    This was a major worry as the EV credits were set to expire. And this bill adds new credits for NGVs. As it was as clear as mud that this bill would get passed, but now that it is done, should see the sector getting a bid.

    Falling secondary resistance line on intraday $0.71. As such a close here could be the start of a breakout. Clip clop clip clop. Big Billy Gruff still fighting the Troll.

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    • You tell em SandyIbmwatcher. lmao how are those sub 0.79 shares working for you liar?

      • 1 Reply to cloudy_day_jane
      • Thus sub $0.79 shares are doing just fine, dear Troll. So are the many more we bought sub $0.60.

        From NGV America:

        Tonight, Congress passed the American Taxpayer Relief Act to avert the “fiscal cliff”. Included in that legislation was a one-year extension of a large number of tax credits – including the tax credit for the sale of CNG and LNG for vehicle use and for the installation of natural gas fueling equipment. Specifically, this is the 50 cent per GGE tax credit for CNG, 50 cent per gallon tax credit for LNG and the $30,000 infrastructure tax credit. The tax credits are extended until December 31, 2013 and ARE RETROACTIVE FOR ALL OF 2012. The President said he will sign the bill. More details will be included in our weekly newsletter.

        A really great start to 2013! Happy New Year!

        Let the 2013 Type IV tank orders now commence.

 
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