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It may be alive, but it won't survive much longer.
And the Cartesians have a hold of anything of value.
Did you go long at $2.89?
Or did you go long above $3.97?
Most of the long suffering longs here are in way over $3.97.
OH BROTHER...HELLO $1.00'S !!!!
That didn't take very long... You got any other rosy predictions?
HELLO $1.00's !!!!
In on the ground floor? Going down?
FROM THE YAHOO FINANCE WPRT MESSAGE BOARD:
pcmountaindog • 6 hours ago Flag
You seem to be describing cyclical speculation and not investing.
Westport won't turn a profit in the next 10 years.
Westport will not exist in 10 years.
Speculation?
At 2.50 the up side is a short to zero and a profit of 2.50
At 2.50 the up side is long to 100 and a profit of 100 - 2.50 or 97.50 which is nice.
Which is speculation and which is an investment.
A company that only talks of EBITDA and states in its financial report to shareholder as
"The term Adjusted EBITDA is not defined under U.S. GAAP and is not a measure or operating income, operating performance or liquidity presented in accordance with U.S. GAAP.
Adjusted EBITDA is used by management to review operational progress of its business units and investment programs over successive periods and as a long-term indicator of operational performance since it ties closely to a unit's ability to generate sustained cash flows."
Funny, they only have negative cash flow, they can't even use bogus accounting to support their position.
In the case of Westport with a 15 year history of losses and hundreds of millions spent never returning a cent of capital to share holders, real assets shrinking each day and the same CEO in place, I tend to think the short at 2.50 is more likely the investment.
Place you bet or be safe and run away from this company and never look back.
$3 million / year times 0 =...????
$3,000,000 X 0 = $0.00
$3 million is an impressive until you factor in the number of successes and the overhead.... It might even be a negative sum.
HOW DO YOU LIKE DEM APPLES ?
The FSYS holders are selling as fast as they can knowing that these are the highest prices they will see.
Today's color: Blood red.
What a great merger....
Congrats. You bought yourselves a few more months before the inevitable insolvency, only now you will be dragging down the FSYS bag holders as well.
There will be a nice celebratory pop, and then the slow steady decline to ZERO will continue.
A tragedy ! We were sold out !
All will be gone in a year.
Sounds like a great plan...
If you want your grandkids to go to a community college...
And what is the fate of WPRT if there is NO MERGER?
Cartesian stands to take anything of value and leave the shareholders holding the bag.
Even if the merger happens, I don't believe this management team can affect a profitable integration of both companies.
I have never said that there isn't growth in the NGV niche.
But I have said the rate of growth is slowing , and that the rate of growth is not enough to support the players in the niche. This is why CLNE is trading where it is and heading lower.
Showing growth numbers, without showing the other half of the equation, corporate activities, explains why some have invested in CLNE expecting an increase in share price.
When you factor in bad management, DEBT and dilution, I am shocked we are not BANKRUPT yet.
WHO SAID EARNINGS WOULD BE UGLY ?
Even I am shocked !
The stock is done !!! Game over !
The MARKET sees through the one time event.
And the market knows there is more DILUTION coming.
TRIPLE NEGATIVE !
1.) Read the JP Morgan analysis of the WPRT/FSYS merger...UGLY!
2.) Watch this week's "earnings".....UGLY !!!
3.) Does the merger actually happen?
Still Here ! Kudos to those who bought under $3.00.
I am still short and still in the money, and waiting for the summer debt repayment.
Another round of dilutions should erase any gains and then some.
But this was a good quarter for CLNE, no question.
NOT SO MUCH !
How are the sales of the newly introduced, “game changing”, near-zero emission engine going?
Are people lining up around the block like they do for the latest Apple product? Not So Much…
Have they pre-sold 400,000 units like Tesla has? Not So Much…
Do the sheep over at FSYS know that Westport has ANOTHER FLOP on their hands? Not So Much…
Do you think that FSYS shareholders who are watching WPRT earnings, unit sales, and other falling metrics, are happy with proposed merger? NOT SO MUCH !!!
MERGER ???
Wasn't it supposed to be done at the end of March? April?
How come CLNE has been dropping ever since they did the debt conversion?
Is it because they don't have the money to pay down debt and have to dilute ?
Are investors worried that next week's earnings will be worse than expected?
Are investors worried that Boone might DUMP more shares like he did last year when share prices reached $10/share?
Are investors worried that CLNE will lose M-D, proving this company is no longer relevant or viable?
Are investors worried that there will be another dilution, when the next debt payment is due?
Or maybe Boone and his buddies are trying to do the debt conversion at the lowest possible price?
Dilution !!!
Did everyone read about the convertible?
The more shares issued, the more you're diluted.
DILUTION !!!! AGAIN !!!!
They have done it to you again !
Never a SQUEEZE, because they just print more shares and dilute existing shareholders like.... !!!
Measuring Curzio against Bombastic Cramer is no yardstick.
"FIRE LITTEFAIR and the stock goes up 100%
Hire someone with an IQ and it will double again..." from Yahoo Finance
Hulk, you actually are referencing Stansberry and Frank Curzio????
Did you look at their history? Their track record?
WPRT belongs in the same boat as Cheniere and Interoil....
These guys are small-cap shills. IMO
NOT SO FUNNY FROM YAHOO FINANCE:
"One month ago I posted what I thought might be the worst case scenario for WPRT shareholders:
This would be the worst case scenario for WPRT IMO.
That DEMERS and Co fails to execute ...AGAIN.
That FSYS walks and doesn't have to pay the $5.5 million break-up fee due to some technicality.
Cartesian walks because the merger doesn't happen
WPRT is left at the altar with no $$$$
How long do we think WPRT will last if there is NO DEAL?
But after a month, I have thought of an even worse case scenario for WPRT and maybe even FSYS shareholders:
Deal or NO DEAL Rodney Nunn takes over running WPRT and blames everything bad on Demers and the “past administration” (justified).
Cartesian takes over when the company goes into receivership ("The company is in worse shape the we thought."), and as they are debtor in possession, and they get WPRT or the Newco for $71 million in as little as 6 months.
Existing shareholders will get NOTHING, because Cartesian is not a shareholder, so our interests are not aligned."
THIS IS WHY IT IS CALLED TOXIC FINANCING...IT CAN KILL YOU.
We thought it would be fun to show everyone who is in charge.
If the merger doesn't happen, you will have to get used to more Black Fridays...
Members of the Board:
I write to you out of serious concern for the future of my significant investment in Fuel Systems Solutions, Inc. (“FSS”). As you are aware, I am a co-founder of FSS and have sole voting power over 1,584,589 shares of FSS common stock, representing approximately 8.8% percent of the outstanding shares of FSS common stock as of March 7, 2016, making me one of FSS’ largest stockholders.
I have become increasingly concerned about recent developments involving FSS since the announcement of the merger agreement between FSS and Westport Innovations, Inc. (“Westport”) on September 1, 2016. As a result, I intend to vote AGAINST the proposal to adopt the merger agreement and approve the merger between FSS and Westport at the special meeting.
Most of all, I am concerned by how significantly Westport and this transaction have changed since this deal was first announced. My reasons include:
1. The $71 million investment in Westport by Cartesian Capital Group (“Cartesian”) for financing of various global growth initiatives (which investment was announced on January 11, 2016) could significantly jeopardize the financial health of the combined company. Westport’s entry into the Cartesian investment agreement fundamentally changed the landscape of the company with which FSS negotiated the merger agreement and represented a clear breach of the terms of the merger agreement. I believe you should have stood firmly by this position and ended the deal when this financing was announced.
2. The amendment of the merger agreement entered into on March 6, 2016 is not adequate. The amended agreement materially altered the terms and structure of the transaction contemplated by the original merger agreement in a manner that I do not believe is in the best interests of FSS or its stockholders.
With the uncertainty of Cartesian’s ongoing role, it is surprising FSS has decided to press forward with the amendments to the merger agreement. This is particularly perplexing when the Board was also seriously discussing an all cash offer with a still undisclosed third party as of February 1, 2016 but determined to reject it for this amended offer.
My concern over the Cartesian investment agreement is not only on the debt incurred but the rights gained by Cartesian that alter the future of Westport. Specifically, the $71 million investment gives Cartesian:
a direct position in the financial success of HPDI, arguably the biggest piece of Westport’s future growth;
convertible notes that could eventually dilute stockholders;
ownership of certain Westport assets to be completed by May 30, 2016;
a stake in future joint ventures to develop products;
a position on the board;
specific rights over Westport’s business including, consent rights with respect to material acquisitions or material dispositions of any of its subsidiaries. How these rights were altered is not adequately addressed in the announcement of the amended merger agreement.
In my view these are significant provisions that materially and irrevocably change Westport and therefore have significant impacts on my future investment as an FSS stockholder.
Following the disclosure of Westport’s fourth quarter and full year financial results yesterday, I felt compelled to make my view known publicly. I am concerned that I am being asked to take equity in a now highly indebted company that has seen its cash position continue to rapidly deteriorate. Westport’s cash balance decreased 70.4% year over year. Furthermore, the negative change in consolidated adjusted EBITDA quarter to quarter shows me a continued and concerning inability to successfully generate earnings. Put simply, Westport’s fourth quarter and full year financial results announced this week further demonstrate its incredibly significant challenges ahead. The future within Westport is simply too uncertain for me and I cannot get comfortable with accepting equity in this company.
It is this troubling cash position that contributes to my belief that the significant amount of the Cartesian indebtedness that was incurred by Westport could negatively affect the operation of the envisaged combined company. To be specific, I believe that the terms of the Cartesian investment agreement could significantly restrict the combined company going forward by imposing certain negative covenants, including borrowing restrictions. These negative covenants and other restrictions provide significant “control” over the combined company’s operations without any apparent benefit to FSS stockholders.
In light of these alarming events and my concern about the future of FSS following a combination with Westport, I intend to vote AGAINST the proposal to adopt the merger agreement and approve the merger at the special meeting.
Thank you.
Sincerely,
/s/ Pier Antonio Costamagna
LOUSY COMPANY, LOUSY TIMES.
If it was a good company it would have managed itself better and not fallen by 98%. DEMERS & CO are poseurs.
BASEBALL, HOT DOGS and APPLE PIE are American.
WPRT is not.
BANAL , VAPID POST
AND WHAT NGV DO YOU DRIVE?
You must be a true believer or a hypocrite.
UNIT SALES ARE DOWN AT WPRT !
Another nail ! The early adopter / easy sales are over.. the sector has peaked.... Uh Oh.
"EARNINGS" WERE WORSE THAN EXPECTED !
The analyst estimates were not met and they were being kind.
UNIT SALES ARE DOWN !!! DO YOU REALIZE HOW BAD THIS IS?
Does anyone remember the "growth curves" from Business 101?
"EARNINGS" WILL BE BAD !
For all of the lotus eaters here.
We are going to see that growth is slowing even more..
More losses as well... But someone will be able to spin some positives from this bleak Q
QTWW FILES CHAPT. 11
A sign of things to come for CLNE...
I URGE you to try and bury this fact with lame pumps.
WHAT BRAND OF NGV DO YOU DRIVE?
NOT one "true believer" drives an NGV?
Not even T. Boone Pickens?
I think I have figured out why CLNE is in the toilet.
QTWW FILES CHAPT. 11
A sign of things to come for CLNE...
IMPRESSIVE PUMP !
Explains the DROP in share price !
Like I said...
BTW, Kudos on your Privacy Judgement ...LOL
IMPRESSIVE PUMP !
Explains the DROP in share price !
QTWW a Douglas holding files Chapt. 11.
Who else does Kevin own in this sector?:
WPRT?
FSYS?
Who will be next?
NOPE..NO COMEBACK...ONLY MORE PAIN>