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Ryder Becomes First Commercial Fleet Provider to Surpass 100 Million Natural Gas Vehicle Miles
http://www.businesswire.com/news/home/20160809005193/en/Ryder-Commercial-Fleet-Provider-Surpass-100-Million
50% gain from there prior to next earnings release (mark it).
Shorts are trying to cover before the squeeze.
Also appendix D page 1
Read section 5.5 - UPS moving forward with lng, cng, and rng.
https://sustainability.ups.com/media/ups-pdf-interactive/UPS_2015_CSR.pdf
And then there's this....
The North Kansas City School District will replace 124 school buses with new CNG buses with an option to purchase an additional 30 over the next 10 years. Clean Energy will construct a new station that includes fast-fill and time-fill fueling options using two Clean Energy Compression (CEC) compressors as well as modifying a maintenance facility to facilitate CNG buses. The 15-year contact will be funded through financing secured by the District and is a joint-partnership between the North Kansas City School District, Clean Energy and Midwest Bus Sales, based in Bonner Springs, KS, which will supply the District’s new CNG school buses. This transition for the 20,000-student School District will begin for the 2016 school year when the Clean Energy station is scheduled to be operational and is expected to achieve a cumulative reduction of more than 5,000 metric tons of greenhouse gas emissions over the 10-year span.
https://www.cleanenergyfuels.com/press-room/clean-energy-build-new-cng-stations-multiple-transit-agencies-large-school-district/
Posted on CLNE LinkedIn feed.
40+% gain on fuel efficiency significant, especially when using a less expensive fuel.
https://www.linkedin.com/hp/update/6164804503120920576
This is the milestone that I look forward to.
“Unrestricted Cash Milestone” means...... (b) Borrower shall have achieved (i) two consecutive fiscal quarters of Net Income of $1 or more, and (ii) at least 80% of each of its forecasted (x) Net Income and (y) cash flow from operations (as calculated in accordance with GAAP)
https://www.sec.gov/Archives/edgar/data/1093691/000110465916130292/a16-11706_2ex10d1.htm
25m so far, the Hercules loan is set up for three tranches requiring milestone achievements for the 2nd and 3rd tranches. That loan included the conversion of the 25m Generate Capital loan into an operating lease.
I suspect they are in a consolidation mode in respect to financing arrangements going forward. Hopefully, the filings will be a bit easier to follow.
Might just get the improved communications that you are asking for.
Who's using Gendrive page has been updated again since your last post on that topic.
http://www.plugpower.com/customer/whos-using-gendrive/
And then there's this ....
Investor Relations Specialist
Tracking Code
20120188
Job Description
Investor Relations Specialist
Status: Exempt (salaried)
Department: 000131
Position Summary
The Investor Relations Specialist will report to the VP of Investor Relations, and will also work directly with the marketing and finance teams. The right candidate will help improve the breadth and depth of the Company’s institutional investor base, and identify opportunities to improve the frequency and quality of communications to the broader investment community. As part of the IR team, the IR Specialist will be responsible for managing projects and assignments related to investor communication and outreach, investor conferences, analyst visits, and industry events, among other activities. Regular communication with all levels of investors, analysts and service providers will be essential for success. The ideal candidate will possess a wide breadth of IR technical acumen in addition to specialized interpersonal skills which are conducive to effectively engaging with the diverse investment community.
https://plugpower.silkroad.com/epostings/index.cfm?fuseaction=app.jobInfo&version=1&jobid=213180
Wonder if PLUG has any part of this?
http://www.hydrogenfuelnews.com/toyota-use-hydrogen-fuel-cells-reduce-emissions-kyushu-facility/8529594/
Very similar to this set up at Colruyt.
http://www.don-quichote.eu/partners/5/Colruyt%20%28B%29%20
http://www.don-quichote.eu/
Short theories vs long theories.
All very healthy, and some will get burned.
I have chosen the long side and certainly hope that PLUG delivers.
What I see is continued adoption of the fuel cell forklift model.
If you are a large user of this equipment, you have a choice and the fact that more and more large users are opting out of lead acid and into fuel cell is an encouraging trend.
One thing that I would note is that if you commit to fuel cell, it would be cost prohibitive to go back to lead acid.
Every new customer represents a long term commitment. Every long term commitment represents recurring revenue. Increasing long term revenues represent growth and the benefits of scale.
I'm glad that I'm not holding a short position as I can only lose (loose haha) 100%. Can't say the same for those on the other side of the equation.
Taking a modest position here. May be a long haul but I have the time to see if this develops.
I was impressed by the Exxon Mobile response to the why now question.
Something along the lines of "we don't generally talk about evolving technology until we have something to talk about"
http://www.platts.com/videos/2016/july/cw-ccs-coal-071316
Looks like tax credit extensions are dead for now.
EXTENDERS BAGGAGE LOST BY FAA BILL: Lawmakers will likely authorize the FAA through 2017, but the bill will go forward without a package of orphaned tax breaks for energy sources, as Pro Transportation's Lauren Gardner reports. The group of tax supports for industries like small wind and fuel cells were inadvertently left out of the tax break package agreed to by both parties in December. Senate Majority Leader Mitch McConnell promised to find a way to get them reinstated, but as far Sen. Jim Thune is concerned, the FAA bill will not be it. "I think we're probably pretty well done negotiating," he said.
Read more: http://www.politico.com/tipsheets/morning-energy/2016/06/sec-tries-again-on-resource-extraction-rule-215064#ixzz4CzRyKamI
Apologies if these have already been posted, GenDrives in action on this video.
We support a very interesting project here in Belgium, called Don Quichote, which features a hydrogen plant located at the distribution centre of the supermarket company Colruyt Group. The plant includes solar panels and windmills and generates electricity that way. This electricity is then converted into hydrogen and used for Colruyt’s forklifts in its distribution centre. It also means people can refuel their cars at the centre. This is a perfect example of how an integrated hydrogen plant allows for a complete cycle of energy production and distribution using hydrogen. I believe we will see more and more of these kinds of cases, where establishments generate their own electricity and make use of hydrogen it produces.
Update:
REID: TIME FOR TAX EXTENDERS IS NOW: Senate Democratic Minority Leader Harry Reid in a brief interview Wednesday told ME he’s still hoping to get tax extenders for orphaned energy resources in an FAA reauthorization bill. “That's what we've been planning on,” he said, referring to a small group of mostly nascent energy technologies that were left out of the December deal on tax incentives for wind and solar projects. Reid said he hasn’t talked with Majority Leader Mitch McConnell or House Minority Leader Nancy Pelosi about energy extenders recently. “He (McConnell) told us both he would do it so it's way overdue. Now would be a good time to do it,” Reid said.
http://www.politico.com/tipsheets/morning-energy/2016/06/house-schedule-a-mess-214981
Anyone besides me noticing the big block buys the last three days?
Looks like an institution placing AON orders for half a million or so at a couple cents above the ask then the mm's dropping it right back down.
Someone is accumulating in stealth mode.
According to the latest 10k, PLUG is claiming $941,000 as tax credit carryforwards. Beneficial if profits are ever booked.
http://www.sec.gov/Archives/edgar/data/1093691/000104746916011132/a2227737z10-k.htm
1.78-2.87. Haha greed is for pigs and most get slaughtered.
Couple of super investors on the board. Perhaps they will share their next entry/exit points so we all can cash in.
"It's much, much better for us," said Elizabeth Fretheim, Wal-Mart's senior director of logistics sustainability
Much much, not just much, but much much!
If it's much better for Walmart, it's much better for the rest of the material handling world as well.
4000 hydrogen lifts in 17 dc's equals 235 ea. 235 times 150+ equals??
Doubled down on my position here today. Lots of cities out there yet to come aboard and at an average of $3 mil a year each? It adds up pretty fast. Not to mention that's just city transit.
http://www.fool.com/investing/2016/06/02/what-investors-need-to-know-about-clean-energy-fue.aspx
Of course I read the article! Last I knew, drones couldn't transport full pallets or load trucks. Drones may reduce the number of lifts needed slightly but forklifts aren't going anywhere.
If I know Wal-Mart, drones are being tested to replace people not lifts.
"It's much, much better for us," said Elizabeth Fretheim, Wal-Mart's senior director of logistics sustainability.
http://m.nwaonline.com/news/2016/jun/03/wal-mart-tests-drones-in-distribution-c-1/
Certainly looks like they are hiring for growth.
https://plugpowercareers.silkroad.com/ppcext/EmploymentListings.html
With the adoption of Teekay Tankers' new dividend policy announced in December 2015, Teekay Tankers intends to declare its quarterly cash dividend for the first quarter of 2016, and subsequent quarters, concurrently with the release of Teekay Tankers' quarterly financial results.
https://www.twst.com/update/teekay-tankers-ltd-teekay-group-announces-first-quarter-2016-earnings-results-conference-calls/
Imagine the possibilities!
The mobile bots are battery-powered and need to be recharged every hour for five minutes
Linde Gas North America LLC is the first Wacker Polysilicon North America supplier to locate within the footprint of the new plant under construction west of Charleston. Linde Gas will invest $25 million to build a hydrogen production facility that will result in approximately seven full-time jobs.
Other way around.
Otherwise known as "broker non-votes" which are "accounted for" (725,169,548) unless your bro is holding certificates.
Who has the other 1.5b?
Beneficial owners of shares held in “street name.” If you are a beneficial owner of shares held in street name and do not provide the organization that holds your shares with specific voting instructions, the organization that holds your shares may generally vote on routine matters but cannot vote on non-routine matters. If the organization that holds your shares does not receive instructions from you on how to vote your shares on a non-routine matter, the organization that holds your shares will inform the inspector of election that it does not have the authority to vote on this matter with respect to your shares. This is referred to as a “broker non-vote.”
http://www.sec.gov/Archives/edgar/data/1022701/000114420413038559/v349559_def14a.htm
I'm simply saying that there are about 1.5 billion shares that have not been accounted for yet, from the 5b issued and outstanding. I'll let the stakeholders try to figure out why, and who is holding them, but it is pretty apparent to me that there are enough shares/votes currently undisclosed to swing the vote in either direction.
(As of the close of business on the Record Date, there were 4,984,827,279 shares of our Common Stock outstanding and entitled to vote)
Who would hold shares that are not held by a broker? If they were held by a broker and not voted, they would hit the broker non-vote category.
I don't even know why I'm here lol, just entertainment on a slow day.
Risk, I'll try to take a stab at clarifiying what I think is happening here and a few of the other comments I've read.
YA has not voted their shares yet
May be other large shareholders as well
Quotes from The DEFINITIVE PROXY STATEMENT
Q: What are the quorum requirements for the 2013 Annual Meeting?
A: The presence in person or by proxy of at least one-third (1/3) of the issued and outstanding shares entitled to vote at the 2013 Annual Meeting constitutes a quorum. Your shares will be counted as present at the 2013 Annual Meeting for purposes of determining whether there is a quorum if a proxy card has been properly submitted by you or on your behalf, or you vote in person at the 2013 Annual Meeting. Abstaining votes and broker non-votes are counted for purposes of establishing a quorum
Q: Who is entitled to vote at the 2013 Annual Meeting?
A: Holders of NeoMedia Technologies, Inc. common stock, par value $0.001 per share (“Common Stock”), and Series C Convertible Preferred Stock, par value $0.01 per share (“Series C Stock”), at the close of business on July 5, 2013, the record date for the 2013 Annual Meeting (the “Record Date”) established by our board of directors (the “Board”), are entitled to receive notice of the 2013 Annual Meeting (the “Meeting Notice”), and to vote their shares at the 2013 Annual Meeting and any related adjournments or postponements. The Meeting Notice, proxy statement and form of proxy are first expected to be made available to stockholders on or about July 8, 2013.
As of the close of business on the Record Date, there were 4,984,827,279 shares of our Common Stock outstanding and entitled to vote. Holders of our Common Stock are entitled to one vote per share at the 2013 Annual Meeting. As of the close of business on the Record Date, there were 4,840 shares of our Series C Stock outstanding and entitled to vote. Holders of our Series C Stock are entitled to the number of votes (on an as converted basis) at the 2013 Annual Meeting equal to the numbers of shares of Common Stock that would be issuable upon conversion of such Series C Stock as of the Record Date. As of the close of business on the Record Date, there were 3,481 shares of our Series D Convertible Preferred Stock outstanding (“Series D Stock”). Holders of our Series D Stock do not currently have voting rights with respect to the matters to be acted upon at the 2013 Annual Meeting. Holders of the Common Stock and Series C Stock are collectively referred to herein as the Company’s “stockholders.” At the 2013 Annual Meeting, the stockholders will vote together as a class, as described above. Accordingly, there are a total of 4,984,832,119 outstanding shares of capital stock entitled to vote at the Meeting.
(note: Capital stock shares entitled to vote includes the Series C and on the record date, they could not have converted more that the AS)
Q: Which ballot measures are considered “routine” or “non-routine”?
A: The election of directors (“Proposal 1”), the advisory vote on the compensation paid to our named executive officers (“Proposal 2”), the advisory vote on the frequency of future advisory votes on the compensation paid to our named executive officers (“Proposal 3”), the amendment of our Certificate of Incorporation to effect a reverse stock split of the Company’s Common Stock at a ratio of 1-for-1,700 while keeping the amount of authorized shares of Common Stock set at 5,000,000,000 shares (“Proposal 5”), and the approval of the amendment of our Certificate of Incorporation to increase the authorized Common Stock of the Company to 500,000,000,000 shares (“Proposal 6”) are considered to be non-routine matters under applicable rules. The confirmation of StarkSchenkein, LLP as the Company’s independent registered public accounting firm (“Proposal 4”) is considered a routine matter. A broker or other nominee cannot vote without instructions on non-routine matters, and therefore there may be broker non-votes on Proposals 1, 2, 3, 5 and 6.
(Note: only proposal 4 is considered to be routine and currently the only porposal with a majority vote in favor)
Add them up for each proposal and include the broker non votes and you will come up with 3,415,366,204 votes cast on each proposal. 1,569,465,915, not yet cast and the only proposal currently approved is the "routine" audit proposal.
I'll let the board digest why there are 1.5 billion shares not yet voted. I don't own any shares, but I was a holder of record that did not vote so my shares are included in the broker non-vote number.
GLTA
Already posted?? NEOM and Scanbuy at it again. Document 1 (now stricken) detailed the financials of the royalty payments. I read it, but didn't get a copy before it was stricken from the record. NEOM won the arbitration on every request.
Disclosure, I do not own NEOM stock - GLTA that still do.
*****************************************************************
U.S. District Court
Southern District of New York (Foley Square)
CIVIL DOCKET FOR CASE #: 1:13-cv-05990-LGS
NeoMedia Technologies, Inc. v. Scanbuy, Inc.
Assigned to: Judge Lorna G. Schofield
Cause: 9:9 Motion to Confirm Arbitration Loan
Date Filed: 08/29/2013
Jury Demand: None
Nature of Suit: 890 Other Statutory Actions
Jurisdiction: Federal Question
Petitioner
NeoMedia Technologies, Inc. represented by Steven Brent Pokotilow
Stroock & Stroock & Lavan LLP
180 Maiden Lane
New York, NY 10038
(212)-806-6663
Fax: (212)-806-6006
Email: spokotilow@stroock.com
ATTORNEY TO BE NOTICED
V.
Respondent
Scanbuy, Inc.
Date Filed # Docket Text
08/26/2013 1 PETITION TO CONFIRM ARBITRATION. (Filing Fee $ 350.00, Receipt Number 465401075422).Document filed by NeoMedia Technologies, Inc.(cde) (Entered: 08/29/2013)
08/26/2013 2 NOTICE of Petition For An Order Confirming Arbitration Award re: 1 Petition to Compel/Confirm/Modify/Stay/Vacate Arbitration. Document filed by NeoMedia Technologies, Inc. (cde) Modified on 8/29/2013 (cde). (Entered: 08/29/2013)
08/26/2013 3 MEMORANDUM OF LAW in Support re: 1 Petition to Compel/Confirm/Modify/Stay/Vacate Arbitration. Document filed by NeoMedia Technologies, Inc. (cde) (Entered: 08/29/2013)
08/26/2013 4 DECLARATION of STEVEN B. POKOTILOW in Support re: 1 Petition to Compel/Confirm/Modify/Stay/Vacate Arbitration. Document filed by NeoMedia Technologies, Inc. (cde) (msa). (Entered: 08/29/2013)
08/26/2013 Magistrate Judge Andrew J. Peck is so designated. (cde) (Entered: 08/29/2013)
08/26/2013 Case Designated ECF. (cde) (Entered: 08/29/2013)
08/26/2013 ***NOTE TO ATTORNEY TO E-MAIL PDF. Note to Attorney STEVEN B. POKOTILOW for noncompliance with Section 14.3 of the S.D.N.Y. Electronic Case Filing Rules & Instructions. E-MAIL the PDF for Document 4 Declaration in Support to: caseopenings@nysd.uscourts.gov. (cde) (Entered: 08/29/2013)
08/29/2013 5 RULE 7.1 CORPORATE DISCLOSURE STATEMENT. No Corporate Parent. Document filed by NeoMedia Technologies, Inc..(Pokotilow, Steven) (Entered: 08/29/2013)
09/03/2013 6 ORDER: This case has been assigned to me for all purposes. It is hereby ORDERED that the parties shall submit a joint letter proposing a briefing schedule for the motion to confirm the arbitral award on or before September 13, 2013. Parties are directed to review and comply with Individual Rule I.B.1 in their submission of the letter. (Signed by Judge Lorna G. Schofield on 9/3/2013) (rsh) (Entered: 09/04/2013)
09/03/2013 7 ENDORSED LETTER addressed to Judge Lorna G. Schofield from Steven B. Pokotilow dated 9/3/2013 re: The parties request the Court to grant this request to delete from the Pacer Docket the Petition and Memorandum of Law filed on August 26, 2013 at D.I. 1 and 3, and upon granting this request, the parties agree to immediately file a Stipulation of Voluntary Dismissal pursuant to Federal Rules Of Civil Procedure 41(a)(1)(A)(ii). ENDORSEMENT: Application granted. The Clerk is directed to remove the Petition (Dkt. No. 1) and the Memorandum of Law in Support of the Petition (Dkt. No. 3) from the record. (Signed by Judge Lorna G. Schofield on 9/3/2013) (lmb) (Entered: 09/04/2013)
Been awhile, I see five open infringement cases. Looks like the business plan going forward.
Civil Results
Party Name Court Case NOS Date Filed Date Closed
9 NeoMedia Technologies, Inc. (pla) codce 1:2013-cv-00934 830 4/11/2013 ReMax
10 NeoMedia Technologies, Inc. (pla) codce 1:2013-cv-01152 830 5/1/2013 Bed Bath & Beyond
11 NeoMedia Technologies, Inc. (pla) codce 1:2013-cv-01177 830 5/3/2013 Conair
12 NeoMedia Technologies, Inc. (pla) codce 1:2013-cv-01312 830 5/20/2013 Wendy's
13 NeoMedia Technologies, Inc. (pla) codce 1:2013-cv-01521 830 6/13/2013 Michael's Stores