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Either way, what's ADN going to be trading at by December 8 (Ecofin meeting in Brussels) with no news. .$10?
Is this Green Hippo? "Specifically, they will come from other projects, which will be absorbed by the Recovery Fund"
Crap. This seems like a step back... crap.
This post makes a ton of sense... opened my eye's to this aspect. Image we see the Onassis family get tied in to $ADN!!!
https://stocktwits.com/Emro/message/541090042
As of 2001, Greek companies owned around 3,000 merchant vessels—more than any other country and about 18 percent of the world’s fleet. The Greeks have been maritime traders for millennia, but the modern prominence of their shipping industry dates from the end of World War II. In the late 1940s, the United States government began to sell off surplus war ships under the Ship Sales Act. Savvy Greek maritime businessmen like Aristotle Onassis and (the elder) Stavros Niarchos purchased large tanker vessels and smaller ships at incredible bargains, sometimes through illegal means.
https://slate.com/news-and-politics/2005/08/what-s-with-the-greek-shipping-magnates.html
I see, I was a little confused.
How does this show EU has the funds?
From CC: In the meantime, as we said, we are complaint to the European Union because we feel that this is a big delay here from the state, and it's simply not acceptable by us. So I sent the letter to commissioner Breton, who initiated an internal discussion within the European Commission with DG growth and DG internal market industry and SME.
These are policy departments, the directional general. And there, what we got back is that despite that within the holiday month, the European union will work very close to the Greek authorities, to be able to inform us and us inform you the shareholders that the project we received the foreseen public funds. So I think where in the last stages. And there, as you know, we have very big delays with interaction with other European partners. Of course, we have suffered, we believe a big loss in our valuation because of all of that.
So this thing needs to be resolved as soon as possible. The Europeans understand that this is a project of common European interest. It's not Greece only, not Italy for - then oral let's say, it's not transfer McAfee. So I think the Europeans were push very hard on this. Now we received on August 4, a letter by the Deputy Minister of Economy and Finance from Greece, Mr. [indiscernible] and respond to my letter to him on July 25. And basically, the idea is, and I will go over later in a bit - the idea is that the Greek state is examining and planning ways to implement actions and to strengthen the initiatives that will contribute to the transition, the productive and growth model of the great economy towards climate neutrality.
Parameters for the plan and such actions include implemented projects at specific times, the viability of the completed proposal plans as well as compliance with regulatory obligations and guidelines regarding the management of European funds. The Greek state is kind of reviewing funding for IPCEI program and we'll provide further updates at the appropriate time. So the delay is solely with the Greek state, and we expect this to be resolved very, very soon.
GREEN, WOW!
$ADN Twitter post: "Tharros," the leading local website and newspaper in Kozani, Greece, has just posted an interview (in Greek) discussing the significance of Advent's Green HiPo IPCEI project. #fuelcells #electrolyzer #hydrogen #cleanenergy
"Tharros," the leading local website and newspaper in Kozani, Greece, has just posted an interview (in Greek) discussing the significance of Advent's Green HiPo IPCEI project. #fuelcells #electrolyzer #hydrogen #cleanenergy https://t.co/CTNdqSxLI0
— adventnrg (@adventnrg) August 3, 2023
On my watchlist.
$ADN $.91 - Mike do the DD! News could come any minute on $800mm grant (not loan):
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171662266
Same AM look as yesterday, can we keep it up?
Different look today, aggressive bidder. Guess we should at least get an update PR Monday.
Thanks for the update. I took the loss and moved on...
Factory for green hydrogen in Kozani – Investment of 740 million euros and hundreds of jobs
https://www.prlogos.gr/e???st?s??-??a-p??s???-?d??????-st??/
Wen PR? 9. Funding of Important Projects of Common European Interest (SECI) with a budget of 165 million euros.
https://energypress.gr/news/pdam-2021-2027-dodeka-nees-draseis-hrimatodotisis-ano-ton-820-ek-eyro-gia-tis-lignitikes
Looks like we might get the first two yrs. ($120MM) like I was hoping for :
https://stocktwits.com/Ijduwa/message/536462532
Break $1 today?
Bosch got their IPCEI grant. This is great a good confirmation that ADN didn’t get screwed time wise. It’s a process.
fuelcellsworks.com/news/bos...
Bosch was on the list along with ADN. Hoping to get ADN news this week!
https://stocktwits.com/Ijduwa/message/535571738
Can we get $1 today?
Thanks for trying.
Anything back?
Thank you
Any follow up post from sudhK on the election?
Can you get an update from Company on late filings?
Who did the site visit?
Along the same lines as my thinking... thanks for posting.
2 weeks down 4-6 to go. ADN could be 30 days from a company making catalyst!
You seem to have the inside track...
Any update? How much longer do we have?
PR OUT: Clock finally ticking on funding, should know in 6-8 weeks.
"Advent has been actively working with the Greek State for the timely signing of the contract "
First time I have seen this... let's hope this is a positive development b/c it's the only thing that matters for this stock.
Only thing that moves this that matters is $$$$. Company needs to stop selling shares at .$70 to fund the business.
Read my post from 3/28 we were expecting this news by the end of March per company comments.
Only a month late with news... hope we hear about the $150m loan asap. Only way this might hold any gains.
Was that your bid the other day?
$ADN DD PAGE
Receives Notification of Euro 782.1 Million Funding from the Greek State for IPCEI Green HiPo Project
https://www.advent.energy/2022/06/16/advents-green-hipo-receives-notification-of-euro-782-1-million-funding/
Market Cap
$56,442,574
04/10/2023
Outstanding Shares (not including warrants)
52,261,643
03/31/2023
Advent Technologies' Chairman and CEO, Dr. Vasilis Gregoriou Elected as Chair of EU IPCEI Hy2Tech Group
https://www.otcmarkets.com/stock/ADN/news/story?e&id=2485384
Advent Technologies Reports Q4 2022 Results
• Q4 2022 revenue of $2.0 million and income from grants of $0.4 million.
• Full year 2022 revenue of $7.8 million and income from grants of $1.5 million.
• Net loss in Q4 of $47.6 million or $(0.92) per share, including an impairment charge of $38.9 million. Adjusted net loss in Q4 of $13.2 million or $(0.26) per share.
• Company holds unrestricted cash reserves of $32.9 million as of December 31, 2022.
• After official ratification from the European Commission of the European Union for funding of €782.1 million under the Important Projects of Common European Interest (“IPCEI”) Hydrogen – Technology for Advent’s Green HiPo project, Advent has been working with the Greek State to establish the mechanism and timing schedule for the funding facility.
• Commissioning of new Hood Park R&D and manufacturing facility in Boston, Massachusetts. This facility will enable Advent to scale-up and deliver on the increasing global demand for its electrochemical products.
https://www.otcmarkets.com/stock/ADN/news/story?e&id=2487480
Hyundai Motor Company and Advent Technologies Sign Joint Development Agreement Following Successful Fuel Cell Technology Assessment
https://www.otcmarkets.com/stock/ADN/news/story?e&id=2480654
Been watching... also reached out to to work with the company. I'll keep you in the loop.
Happy for you. Now come smash some EOSE calls. Someone is buying the Jan 20 calls.
Won't be for long... is my guess.