Don't worry about the details. If oldknechan says it, it must be true. Or even better yet he read it, didn't understand it but repeated it anyway, it must be true.
2nd paragraph he says fork-lift.
And how is your reading comprehension?
And why do they need more than 1 fuel cell for a forklift or any type of vehicle??
It is a long way from producing any hydrogen in the amounts that are needed. And very inefficient at 12%
This original post makes no sense. It talks about batteries. This has nothing to do with PLUG. He put the plug name in place of someone elses. This is all mumbo jumbo. Can't your people read?
It says they purchase multiple fuel cells per forklift........HUH??????
In the last month with a decreasing short interest the stock is down 24%. How is that moving ahead. And you're saying that he promised 150 and you get 75. How is that moving ahead. No new customers released recently, how is that moving ahead.
And do you have any idea how stupid "Average purchase the PLUG shares on a dip and hold" sounds when you say it every day.
None of that "news tidbit" is anything new. Just a rehash of the same ole same ole
There has been a decline in short interest. Now that the hype for this has blown over the potential in shorting is decreasing. So they slowly cover, yet the price still declines. The PPS will have to stand on its own so the traders leave and you are only left with longs. But with little interest the price won't increase.
It's a backup system. 2kw or 4Kw only, which is not enough to run your house. If it was designed to run your system it wouldn't be called a backup system.
When you reform natural gas to extract hydrogen you need high heat (steam). This process would be very inefficient for small quantity production. I do believe that the system they use is electrolysis, when they pass electricity thru water pulling off the hydrogen. This also is very inefficient.
What company that is going to outfit a fleet of forklifts needs this financing. If they are going to go after the small market they are in for a long road.
You should provide a link for that statement. Why would a provider of Hydrogen gas partner with anyone that would take away their business. They will take over majority interest when they pay for it.