All you have to do is look at the other players in the fuel cell sector, FCEL, PLUB, BLDP....all have market caps over 200 million, we are sitting at about 10 million (give or take)
Take a look at the other players in the Fuel Cell Sector: None of them had any financing to speak of, most use equity (sold shares) to finance their growth
Plug Power (plug) will do 100 million this year has a market cap of 440 Million dollars.
Fuel Cell (FCEL) has a market cap of 275 million
Ballard (BLDP) has a market cap of 217 million
Now is Doninovas worth what these companies are worth, maybe ...maybe not, but it is surely worth more than 8.6 million. And DNRG doesn't have to sell stock to finance this contract.
This is taking longer than we want or expected but we will see this stock go up...IMHO
We have 100 million shares which were purchased under 1 cent, until those all filter out we will have some difficult days. Even with a positive PR on financing the stock doesn't climb.
The big money ran it up sold and shorted it. They made money both ways. Happens all the time. Monday will be a new day and the big money will let it go back up and repeat....
They didn't need employees because then didn't have any sales. It appears they have kept their debt low and expenses don't look horrible. I would like to know who is going to build this unit for Africa??? 3MW isn't a large order but it will take man-hours to assemble and test. Does anyone know if they even have the facility for this project???
For a small company they took on some large players and seemed to get a contract so they must have something gong for them.
We can sit here all day and analysis this, but the retail investor has lost confidence in TRTC. IMHO. The stock keeps dropping and long term investors like myself have taken a huge hit and hoping for some kind of rebound. You can buy more at this price and get your average cost down but we didn't buy this stock to average down.. We need some really great news to get this moving and Peterson either is tied up in other problems or there just isn't anything positive to report. We need numbers not forecasts, How much lower can it go before we can see a bounce ????