Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What's your point? This is almost a month-and-a-half old and one of the three or four reasons the stock was declining for the last 6 months
Henrik is a day-trader and has affiliations with other day Traders and short Sellers. He doesn't really care about the truth at all.
Huron is in control. Things are going to be different. That said, they may only have ER, no CC. They may just release. They may announce when they are doing the release. We will get news weekly, which we should have all along.
Bishop probably not allowed to sign until board, Jennifer and Huron reviewed.
$100 million?
My previous calculations we're off, it's even better. Saving almost $16 million a year in Salary and benefits (or about $4 million a quarter). BP acquisition added over $15 million a year or over $3.8 million a quarter in revenue. That's almost $8 million per quarter turn around. They were burning $12-$13 million unrestricted cash per quarter. That goes down to under $5 million for Q3, and if they get TS and Tulare in generation portfolio before end Q3 it goes to about another $1.75 million per quarter revenue from generation. That puts them between $3-$4 million cash burn Q3. They have draw down for Bolthouse Farms and project completion in Q3 or Q4. That adds another $1.25-$1.5 million per quarter. By year end, cash burn under $2, possibly better. Get the picture??
Maybe down the road if they don't get where they need to be, but not now, unless it were $20+ a share. If Exxonmobil wanted to buy, they had the opportunity to, and at probably at less than $5 a share. If that were likely, it would have happened. This is going to be big, the have a very positive resolution to Hercules, they need to finish business with C + D and complete TS and Tulare. They complete TS and Tulare, and Bolthouse Farms, they are at 37.6 MW generation. They have permission for to use explosives in Groton for the construction site. The already have the draw down for it. That puts them at 45MW. That means January 2020 profitable from Generation alone. And those projections were prior to saving about $14-$15 million a year in Salary and benefits. By beginning of Q4 (August 1) they should be at 37.6, by my calculations, that means they are down to a $5-$6 million loss for Q4. Should have about $10 million unrestricted cash as of end of Q3, announced in September earnings and CC. 1 more small cash infusion solves the financial problem """as long as they execute"""! Get TS and Tulare done ASAP. We get another update before end of next week!
Once everyone wraps their head around this and how significantly undervalued this is based primarily on short selling, toxix financing and rumors over the past 6 months, we go above pre-split levels ($2.50). Give it a couple days and 1 more good news report!
We will be over $0.85 by sometime tomorrow if not today. Over a dollar by Monday at the latest
And I bought more twice this week. Even had a buddy call me and asked me if I was still in it at these levels. how to discussion with him for 15 minutes telling him anybody that believe this company was really going bankrupt was a moron. too many big companies in big people involved that need this company to not go bankrupt. Less than 5 minutes after I got off the phone stock was halted. and that's the third time in the past week I called big news coming soon. all three times news came out in less than a day
If they had just hired Huron three months ago we would have never done a reverse split and the stock would be at $2 so that would be 30 times where we're at right now. All those idiots bashing the company the technology and the stock stating bankruptcy are all going to run never to be seen again
Hank better write a retraction about that bankruptcy
A lot less than 24 months. 1 decent investment, focus on execution, 1 sale, profit!
That is not described anywhere publicly for us to be able to convey to you. However, the CEO has never been able to effectively establish financing that allows the company to achieve their goals without distraction a financial distress or impairment. His vision and business method has been looking at the long-term only and not immediate financial needs. Financial Outlook is awesome if they had enough money to get there without distraction. His plan was to do another offering to raise that money which was shot down in the proxy and I knew was going to cause problems so I voted for. Because I knew without it this is where we would be. But I have enough faith in the technology and karma that I just continued to accumulate. I believe Huron was brought in to make it easier to get rid of mr. Bottone and help them establish the most effective way to achieve profitability. The company was on track to be profitable from generation alone by summer of next year. However that was with enough cash to be able to get there.
And I think anyone who's got a year's salary or more invested in this stock would be stupid not to do the same. What do you have to lose 100th of what you've already put in?
I'm putting more money on FuelCell Monday morning. I see it like this. I've already got a ton of money invested so what's a little bit more? at this point it's like putting my money on red on the roulette wheel. 50/50 chance of winning, with the upside being if I hit a specific number which is 35 to 1. That's a pretty good play.
Well, for those longs or anyone seriously interested in this company or technology the great news is, even the people bashing the stock talkin about bankruptcy are acknowledging chip is getting a severance package. do you think they would really be paying Chip a severance package if they were filing bankruptcy. Don't you think Huron was involved and the decision to terminate him. The board, chip and Huron would all be just as susceptible to a lawsuit if they paid chip a 1.4 million dollar severance package, then filed bankruptcy. So everybody can put that in their pipe and smoke it
Now I know you at a minimum embellish things and probably don't know as much as you should about the company with a handle like you have. the company has only been partnered with Exxon for six maybe seven years. The earliest news I have regarding their relationship is 2014. that was the first time they'd probably acknowledged having a relationship.
If buffet cut a check for $100 million, stock goes to $24 in less than 3 days.
Let's put it this way the general consensus even from people not following the company for a long time a recent has been the risk-reward is well worth it. at this point you can only lose $0.50 a share but how much can you gain for share. The way I looked at it in the next couple months, we can either lose everything or make 10 to 20 times your money. And if they survive the next couple months, then you can make 100 times your money in the next year.
I really don't know I may be biased because I'm in denial. However the facts seem to lean towards we are going to do fine and prosper significantly. I'm certain the Navy and all the banks and San Bernardino we're not going to get into any deals as recently as the past few months with a company on the verge of bankruptcy. Unless they fudge the numbers so bad but I'm certain that at least a couple of them did their due diligence. Sure the banks can take over assets but that's not what their goal is when they do a deal like that that's just a precautionary measure. my opinion along with other people that are more knowledgeable than I is that somebody is ready to write a check, and they will not do so until the house is in order. Obviously the house could not be in disarray if there was a good leader so that was one of the first things they needed to do. They have adjusted positions and got rid of a significantly overpaid under-qualified leader. they have a great company assisting them right now and that company wants to get paid the full amount of money available to them. Bankruptcy does not align with them getting paid the full amount of money. so they are going to do their best to help them figure out how to get this resolved without bankruptcy. I'm certain we will hear some things or the next week. I think the stock stabilizes somewhere around where it's at now over where the next one or two business days. I bought more today at $0.49.
Bad or good something big is coming. Crossing my fingers and hoping. But something big is coming. Buckle up and hold on tight. Either going below $1 or over $3.
Again with the negative comments assuming negative rumors. You really should just consider changing your name. You clearly are not an advocate for the company or the technology. And your name indicates you weren't looking for FuelCell to be successful until the 2020 so they're not behind schedule according to your name. No they absolutely did not dump FuelCell energy everything that they talked about is in relation to carbonate fuel cells and they have clearly stated in several different articles this year their partner FuelCell energy
ExxonMobil
@exxonmobil
·
May 29
“We’re working on potential technology breakthroughs that provide reliable, affordable and cleaner energy, on demand, and at scale.” — Chairman & CEO Darren Woods
ExxonMobil (@exxonmobil) Tweeted:
Did you know we can reduce emissions at industrial sites by up to 90% with a process called carbon capture and storage? It’s not magic – it’s science. Here’s how it works. https://t.co/Uig816iHa2
Did you know we can reduce emissions at industrial sites by up to 90% with a process called carbon capture and storage? It’s not magic – it’s science. Here’s how it works. pic.twitter.com/Uig816iHa2
— ExxonMobil (@exxonmobil) May 20, 2019