market loved that, yep. Said will be announced 'very soon' pending the customers marketing departments.
It's been on the decline for 7 months. Its been in a range for 3 months. Technically, it's oversold. A recent article said the 140$m they have would pay the bills for '3 short quarters" ..oops,,, they must have meant YEARS, even if plug kept producing product without another single unit sold.
Andy has put together a smoother conference call.
All facets of the business working now and he is sticking to that 500M$ in 5 years thing, and currently $200m.
The numbers are working, the tide is a turnin,' and the market senses it.
The company expects total sales in excess of $100M and intends to book over $200M in 2015.
The company shipped 957 of its GenDrive units during the quarter compared to 279 GenDrive units shipped a year ago.
Cash and cash equivalents of $146.2M and net working capital of $167M vs. $5M and $11.1M, respectively, at December 31, 2013.
Today an article claims plug is rated "Hold or worse" by two thirds of analysts at "Thompson/FirstCall".
No fact to this what so ever. In fact, Thompson Reuters "upgraded" - their word..- the stock on March 6 to Buy.
Then First Call ...not a rating agency at all...."Started" plug at BUY on march 10. Amazing what you can put in print these days.
Bozo, they have 15 days to file the 10K, if it is filed by then, and it will be, the SEC rules say "the filing shall be deemed on time"
what is that in NY time
A lot of disappointment at the pomegranite.
"If a Form 10-K or Form 10-Q cannot be filed timely, because the company is unable to file “without
unreasonable effort or expense”, the report will be deemed to be filed on the filing due date if
the company timely files a Form 12b-25, and then files the report not later that the 15th calendar
day (for a 10-K) or 5th calendar day (for a 10-Q) following the due date for the missed report.'
n the wake of regulations implemented by the Securities and Exchange Commission under the
Sarbanes-Oxley Act of 2002, including increased disclosure in periodic SEC reports (
404 internal control assessment) and accelerated filing deadlines for those reports, as well as
increased scrutiny from regulators, a number of public companies have missed their annual 10-K
or quarterly 10-Q filing deadlines. Add to that the significant expansion of events that now trigger
current reporting with the SEC on Form 8-K and the compressed 8-K filing deadline, and what
was once a relatively rare occurrence for many public companies -- missing an SEC filing deadline
-- has become a reality. If you are in the legal or finance department of a public company that
finds itself missing an SEC filing deadline, these are some of the important issues that you need
to be thinking about
wont let me post link ... google Kevin Smith article, Chadbourne and Parke LLP
I didn't see the 2 + years with the London office.
6 years and 4 months as Audit Manager with KPMG ..thats pretty impressive right there, and it goes on from there...