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.
The same thing has been said for the last 20 years about PLUG. Once the tax credits are abolished at the end of 2016 PLUG sales will tank. Further continued quality issues will plague company as the issues are not engineering issues but fundamental physics issues. The so called lofty goals were lowered.
They are leaders in the field but competition is closing the gap. PLUG will not be acquired due to the poison pill management and BOD put in place. Why would a company acquire another company that has spent $1 billion of taxpayer and investor money and never turned one dime of profit?
Read the SEC filings BOZO!
Air Liquide is selling.
Insiders, the chairman and the CEO both sold warrants for cash. The warrants were originally granted for $3 but due to dilution provisions they were exercised at 93 cents. So the fact is, the BOD and insiders have no problem diluting shareholders to keep their fat paychecks coming because they can just reissue their warrants at a much lower price and sell for cash.
Source: Securities Exchange Commission. Question my credibility, although yours of years of continuous pumping is more dubious, but don't deny the facts.
Check the SEC filings. Air Liquide is selling. Insiders exercising warrants for cash. And how about the dilution? Warrants granted were for $3 but were given to BOD and insiders for 93 cents.
Look at the Financial Data. This was not a great quarter. Losses increased greatly for certain line items particularly Power Purchase Agreements and Fuel Delivered to Customers. It has been said before and it should be said again it is easy to generate revenue when everything is sold for a loss.
Sure they do. Walmart and Fortune 500 "Giants" hand PLUG $5 cash and PLUG hands them back $10 cash. Those "Giants" KNOW how to make money. PLUG does NOT.
The same people released a study in 2008 that stated stationary fuel cell market would surpass $25 billion in 2015. That was wrong by 75%. Looks like they lowered the bar for 2020 and again will miss by 75%. Also interesting is there are 500% more players in the game.