of course it is. the company has been in business for nearly 20 years and never turned a dime of profit. the company has spent more than $1 billion of shareholder and taxpayer money. shareholders have never made a penny all the while insiders and executives have gotten rich. now you have paid shrills like margolis and davis on the payroll to pump the stock. the ceo has been promising profits since 2009. he is a liar and a fraud.
Key exerpt: if PLUG can keep stealing money from investors they may be profitable by 2040!
Without the tax credits which were dropped from the FAA bill and have little support from either side of the aisle revenues will sink like the Titanic. The only thing on thin ice is PLUG from bankruptcy.
Senate Republican leaders have decided against using a Federal Aviation Administration reauthorization bill as a legislative vehicle to renew clean energy tax credits, ending negotiations with Democrats on what tax credits might be added to the measure...
Of course you couldn't. Here let me help:
"Law360, Washington (April 12, 2016, 8:11 PM ET) -- The U.S. Senate on Tuesday continued to debate a bill to reauthorize the Federal Aviation Administration through 2017, as a deal to include certain renewable energy tax credits in the legislation fell apart."
Rebranding is folly. It is an attempt by the company to hide past failures. Why? Because PLUG needs more money and needs to dilute. The suckers who have bought into management lies in the past will not be fooled again. So the BOD and management are targeting another group of suckers.
The only way the stock gets to 45....85....or even 100 is if the company does several more reverse splits. What will be seen in the next 5 years is multiple rounds of dilution, multiple shifts in the products they deliver (they can't make money with forklifts, TRUs or range extenders) and a complete overhaul of the failed management team.
Indeed! Another form of fraud is Margolis insistence that he has spoken with Marsh and then blogs about the discussion. If Marsh is discussing the business with an online blogger and providing insider knowledge, it is illegal. It should also be noted that if Margolis is trading with said insider knowledge he is guilty as well. AKA Martha Stewart.