Thursday, October 23, 2014 11:55:22 PM
I came across some information from Mr.Bob Farr regarding the Reverse Stock Split of HFCO!
Mr. Farr said: To a certain extent the reverse split does have some bearing on production because the reverse split will get the price up for HFCO and that will be more encouraging for investors to invest. That will generate more funds for the Company to invest and what is the Company's primary investment?
None of the fuel cell Companies have been very successful. Ballard which has raised more money that any other fuel cell co and probably done less is a perfect example.
Plug is struggling.
We are positioning Hydra to be successful and expect to be that.
Since we really don't know where HFCO will be nor where ARSC will be when we commit to do the dividend we really can't project what the exchange rate is going to be.
Our hope is to give the ARSC shareholders as much value as possible.
We continue to successfully addressing and solving problems and will let you know in the near future.
Best
Bob
This email response was from: October 20, 2014
What do you make of this mmech?
I am totally confused given what is taking place at ARSC!!!
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