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Friday, 07/07/2017 11:58:21 AM

Friday, July 07, 2017 11:58:21 AM

Post# of 58899
Has everyone read all the news lately? I think they should. We should see several really positive events occur by the end of October at the very latest.
1. There was an extension of the $5 million credit from the state of Connecticut for hiring and retaining a certain amount of employees by and to certain dates. Which Chip obviously expects to happen prior to the new deadline.
2. Posco has backlog they cannot fulfill. They are renegotiating details for licensing and for Fcel to make some of the backlog for them. Backlog over 400 MW.
3. Each MW averages over $2.5 million in revenue, give or take a little depending on scale. That's based on estimates of $165 million for the 63 mw projections a year ago. Worst case $2 million.
4. Long Island RFP selections due any day. Fcel already has 1 project with them and stand very good chance of getting at least part of the 40 MW Fuel Cell specific RFP offered.
5. Fcel has several companies re-send, best news of all, proven technology with happy customers.
6. Have finalized everything except funding for 63 MW Beacon Falls project and have not given up. Too much positive and momentum to not result in getting it done.
7. Less than 1 year ago, board approved of 2 positions to grow the company and hired 2 people specifically to do just that.
8. Making progress in Asia, Europe, and US, not only through Fcel and subsidiaries, but several other fuel cell companies gaining traction.
9. More and more positive media about fuel cells in general, but specifically about FCEL, identifying everything I just have and then some, ie: blast off imminent and one other similar phrase I can't quote.
10. More cash on hand or available than ever before!!!
Break even point for run rate down from 70Mw to 45 due to improved margins and PPAs which are bringing in revenue under executed contract. GENIUS by Chip. Now any one big order brings profitability in less than 1 year.
11. Get in now or wait til September and kick yourself in the ass for losing out on 200% profit. That's right, over 200%. $5 minimum by September 30.
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