The last speaker in the lecture was discussing energy storage, energy renewables, and that electricity is going to be more needed in the future. Over a billion people still do not have electricity. Looks like our products have a future. Worth viewing to appreciate the global picture.
Your comments are quite sobering. I have been a shareholder since the early Pierre Rivard days, and nearly lost my investment. I do think the CEO has integrity, at least my gut tells me so. If and when we get to profitability this conversation will be moot. It does have merit at this time and I totally understand your feeling. I have a lot at risk, and am locked into my choice, for better or worse. We shall see.
That is correct. Bob said that it moves something, so it could mean it allows something to move, like a fueling station. Of course, he was attempting to be cryptic, but it is fun to speculate. I like the military thought, and the Airbus idea. Of course, our CEO is a Toyota man, and his connections /friends still at Toyota could be 'the one'. All in all, we are set up to do well this year. and it's taken years to get to this point.
I was listening to the recent presentation. They said that $34M was firm, but the contract was a max $90m. This is the first time I've heard that it was only for $34M. That's not good, but while I was listening to the presentation, we have a fueling station in California that is a Shell Oil station. I bet that is the undisclosed company. Just my own speculation. They said it has to do with movement. Well fueling stations allow for mobility, otherwise, it may be the company that has trucks by the port of Los Angeles where they want to improve the quality of the air. It's fun to speculate. Maybe one day we will find out.
I guess that the analysts who proclaimed this a $30 or $32/share stock by years end were obviously wrong. It's about $13.44 at this moment. Well, lets see what happens next year.
That is correct, but we will never know it as no press release will acknowledge this. Big fanfare was made of this earlier in the year via press release. Meanwhile, our share price is slipping away instead of advancing, especially in light of todays positive news.
"While we still expect to achieve positive Adjusted EBITDA1 in the fourth quarter, we are unable to reach our planned target of exceeding $50 million in revenue and achieving break-even Adjusted EBITDA1 for 2014 as a whole. While we are clearly disappointed with the negative impact of these timing issues, the cost to rectify the supplier material delays will not be significant. In addition, there has been no fundamental change in the Company's long-term outlook. We anticipate strong growth in Power-to-Gas applications and utility-scale power generation fuel cell projects in the coming year."
Thank you Green Trader 2002 for your thoughts on this important topic. "Adjusted EBIDA" was the term used. I hope that our share price will soar past $30 once we hit that mark. I guess it depends upon the press release and how substantive it is.
Looking back further, Pierre Rivard, our former CEO, went to Magenn and now I can not even find their website. Pierre did quite well for himself, but I'm out a lot of money on this investment (as mentioned above a 25 for 1 reverse split) where I nearly saw my investment go down the drain. Now, I'm hopeful about recouping my investment (yes, I bought more shares to dollar cost average downward).
The future now looks much brighter as Darryl avers that we will be EBIDA positive by years end. Not sure if that is the correct language, but it portends a bright future. How will they demonstrate that we have met that mark, as the next shareholder conference call is next year? I suppose they will have a press release. Any thoughts about this from the shareholders?
Impressive. The images are available on line of of both outside and inside (and under the hood).
Great to finally see this happening!
Thank you j.wolf1974.
Are these our hydrogen fueling stations where we work with Air Liquide, or are they separate from us ?
TOKYO (AP) — There will only be a few hundred, and they won't be cheap, but Toyota is about to take its first small step into the unproven market for emissions-free, hydrogen-powered vehicles.
The world's largest automaker announced Tuesday that it will begin selling fuel cell cars in Japan on Dec. 15 and in the U.S. and Europe in mid-2015. The sporty-looking, four-door Toyota Mirai will retail for 6.7 million yen ($57,600) before taxes. Toyota Motor Corp hopes to sell 400 in Japan and 300 in the rest of the world in the first year.
"In time, the fuel cell vehicle will become mainstream. We wanted to take the first step," said Mitsuhisa Kato, a Toyota executive vice president, at the vehicle's launch Tuesday. "We want to be at the leading edge."
Fuel cell vehicles run on compressed hydrogen gas, which in the Mirai's case is stored in two tanks mounted underneath the vehicle. They emit no exhaust, though fossil fuels are used in the production of hydrogen and to pressurize it. Both Honda and Hyundai are also experimenting with limited sales and leases of fuel cell cars. Honda showed a fuel cell concept car on Monday.
Besides the relatively high cost, buyers will have to contend with finding fuel. Only a few dozen hydrogen filling stations have been built worldwide, though governments are subsidizing the construction of more.
It's an uncertain future that depends both on whether makers can bring down the price, and a wide-enough network of filling stations is built. Yoshikazu Tanaka, deputy chief engineer for Toyota's next generation vehicle development, said he expects it will take 10-20 years for the Mirai to reach sales in the tens of thousands of vehicles a year.
Asked if it's a risk, he said yes, but Toyota views it as a challenge. Likening it to a chicken and egg situation, he said if you say it's too risky and don't move forward with production, the number of filling stations will never grow. Toyota faced a similar scenario with its gasoline-electri
Sentiment: Strong Buy
Honda FCV Concept
While Toyota's Mirai is set to go on sale in the US next year, Honda has unveiled its own FCV concept, heralding the manufacture of a new sedan to be launched in 2016.
Honda promises that the FCV Concept (Fuel Cell Vehicle) can travel 300 miles (or more than 480 km) on a single tank of hydrogen and be refueled in under five minutes.
The production model (claiming approx. 130 hp) will comfortably seat up to five people and will be launched in Japan and North America first, with Europe to follow.
Honda has already launched a very limited edition fuel cell electric sedan in Japan and in the US: the FCX Clarity.
This year at the Los Angeles Auto Show, the brand is expected to provide details on its plans to expand its public hydrogen refueling station network in the US.
Honda's announcement parallels Toyota’s FCV project, which was first unveiled as a concept at the Paris Auto Show and went on to become the Mirai. The sedan will launch next year in Germany, Denmark, Great Britain and the United States.
Emitting only water vapor, fuel cell electric vehicles produce zero carbon emissions
Sentiment: Strong Buy
The vehicle to home allows one to power their home from the hydrogen fuel cell in the car. Pull into the garage and power your home. That was the patent. Not sure if these people came up with another novel approach, or that this is using our patent.