This is part of the hydrogen economy that is coming. No one knows the rates of adoption, but it seems clear that it is happening now and is not a 'someday one day' possibility.
You are the rare exception. Congratulations. You have done well. I'm another 20-30 points away from being even. After that, then I can look at being up in the stock.
HYGS was up over 15% in one day. Excellent!!! Wish it was just due to the conference call , but others in the sector did even better. May have to do with Russia ...the.world is nervous and 'alternative energy ' is looking to make its mark on the world stage now. Great rally for the sector, and for HYGS!
I have held shares for many years, pre-25 for 1 reverse split, so I'm starting to catch up on getting back to 0. Perhaps one day I'll see a profit here. The important thing is that this is one of the most incredible days for the company's growth I have ever seen!
Great post. I've been invested for perhaps 7 or more years. I'm way underwater and hope to be cash flow positive for myself and for the company. We are on the right path, and the future looks very bright.
I can not believe that after 5+ years, our share price is truly rising and we have not lost our investments. It's been a long journey, but I now can see that I will not lose my long term investment. Who knows, I might even make some money here. I'm so happy to see this movement (also relieved! with such a layout of funds). I might even say that I didn't screw up and this was a great company to invest in.
I'd love to see either an increase in the dividend, and/or to see our share price start moving up at a faster rate than it ever has.
A developer and manufacturer of hydrogen generation and hydrogen-based power modules said that utility company E.ON has inaugurated commercial operations at its Power-to-Gas (P2G) facility in Falkenhagen, Germany. The plant uses wind power and electrolysis equipment from Hydrogenics Corp. to transform water into hydrogen, which is then injected into the existing regional natural gas transmission system. The hydrogen, as part of the natural gas mix, will be used in a variety of applications including space heating, industrial processes, mobility, and power generation. The 2-MW facility will produce 360 m3 of hydrogen/hr.
“This project makes E.ON one of the first companies to demonstrate that surplus energy can be stored in the gas pipelines to help balance supply against demand,” said Ingo Luge, CEO of E.ON Deutschland. “This storage method is considered key technology for the transformation of Germany’s energy system. It will reduce the need to take wind turbines offline when the local grid is congested and will let us harness more wind power.”
Swissgas, which represents more than 100 local natural gas utilities, is a partner in the project with a 20% capital stake and an agreement to purchase a portion of the gas produced. Daryl Wilson, CEO of Hydrogenics, said, “In April of this year we announced a second Power-to-Gas project with E.ON for the city of Hamburg. That facility, still under construction, will have the world’s largest single megawatt PEM (electrolyzer) stack and expects delivery in the spring of 2014. These projects serve as a platform for upcoming Power-to-Gas facilities in Europe and around the world.” Design World, published 2/19/14
This is going to be a great year for HYGS. The one word that comes to mind to describe HYGS: Finally!
Sentiment: Strong Buy
Interesting posts about SEC and signing off on this deal. Assuming it does approve the deal, when does it close? I'd appreciate hearing from people who have familarity with this deal. Thank you!