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https://www.linkedin.com/posts/rystad-energy_climateweek-cleanenergyforum-cleanenergyevents-activity-7237882314817437697-td0I?utm_source=share&utm_medium=member_android
Sept 8, 2024, Oando MOU getting closer to bearing fruit!!
https://dailytrust.com/were-making-efforts-to-transition-to-green-economy-fg/
Same scenario I posted yesterday. We show strength on good news and the market has to put a damper on it. All major markets in the red significant. We went from potentially pushing 50 cents by Monday if not today to barely in the green. Again nothing to do with the company.
Beat 5 in a row, 6 of last 7!!! $326M cash and equivalents. Increased backlog and boat loads of revenue coming in over next 6 quarters. Market cap, ,$240M, RAOTFLMFAO! I can't wait for my commission.
https://www.tipranks.com/stocks/fcel/earnings
Volume is speaking volumes. When the share price was being manipulated as the company started selling shares below $1, Volume was averaging 50 plus million per day for a while. That didn't happen for 4 weeks The company was selling millions of shares a day. It happened because the share price dropped below $1, The company was selling shares And because there was major manipulation trying to drive it lower, and the big picture gave them the perfect opportunity. The 50 million shares today is based on perceived value at these levels particularly in referred to filings and today's call. Appears I may have been off by 2 cents on the support level. But I was off by a whole lot on the shares sold below $1. Market cap hanging in 250 million level, which still should be much higher. $1B would be much more rational. After today, rate cut could do the trick.
https://www.post-gazette.com/business/money/2024/09/03/fed-interest-rates-jerome-powell-cuts/stories/202409010098
Anybody else notice, The majority of the time FCE comes out with meaningful positive news, something else used to always interfere with the luster. Like today the market getting slammed. Or it could be bad news about one of the other fuel cell companies, war, COVID, rate hikes. Well, They don't come out with good news all that often, But you've got to admit if you paid attention over the last year, or two for that matter, they've come out with a whole lot more good news far more often than they did previous to covid. Given The economy and interest rates, The impact of COVID (immeasurable) The political tensions and proposed differences in policy, and challenges of commercializing a widely debated technology, combined with the fuel cell companies generally being lumped together, and PLUG recently having valid $$ issues, at some point times are going to change. And when it does this will go on a run for more years than it's been declining from $29 All the way back well over $29. The difference is it took almost 4 years to decline from $29 to where we are now. It's absolutely not going to take more than a year to go back up to $29 once we get beyond $1. Although I do have to admit if they did a reverse split 10/1 per day, it's going to be a little bit more challenging to get to $300 vs $30. Even though the market cap would be the same.
$15M should be a lock (on average). I'm a little disappointed because if you look at my statements, unless I forgot to say it once or twice, I do say, in average moving forward, and if it comes in short would be covered by that amount or more through service and license. S&L means down time on generation. In most cases, if not all moving forward, it should definitely cover it. This S&L unfortunately was the smallest we do, which only brought $1.4M. that brings $13.4+$1.4 to just under $15M. You should most definitely see over any 4 quarters, including this one, an average over $15M.
Further FACT supporting no reason for decline or being anywhere near current valuation. Best on both ends!!
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000886128/000155837024012595/fcel-20240905x8k.htm
Let's see $23M + $.07 loss, then there no justification for decline in share price!
https://www.google.com/url?rct=j&sa=t&url=https://finance.yahoo.com/news/fuelcell-energy-fcel-q2-earnings-070246574.html&ct=ga&cd=CAEYACoSOTg4NzIyNDUzMzQxMDMxOTQxMhozZjZjMTI4ZjIzMzRhODI4OmNvbTplbjpVUw&usg=AOvVaw2sxKtOfAlgqm4rPzODD6JY
Loss of $.07.3-$.08 per share in $22.6M revenue! Accounts receivable make this impossible for anyone, including analysts. Could actually be as low as $20M or as high as $30M! Let's hope for $.07 or better on at least $22M, but over $23M would be a bonus!
Also hope for full year to be over $123M. 2025 should challenge $200M.
Estimates according to Zacks
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.nasdaq.com/market-activity/stocks/fcel/earnings%23:~:text%3DFCEL%2520Earnings%2520Date%26text%3DThe%2520report%2520will%2520be%2520for,last%2520year%2520was%2520%2524%252D0.06.&ved=2ahUKEwjhx5_r56qIAxWzFlkFHQhmEicQFnoECBkQBQ&usg=AOvVaw1kOwupzeZjsXqxWI1VEc0V
Insider estimates
https://markets.businessinsider.com/news/stocks/fuelcell_energy_2-q3-earnings-preview-1033747105
Standard operation 90% with heat 100%. Can be utilized with wind solar and nuclear. We have different applications for different situations tested and proven by the utmost authorities at extremely high efficiencies. And we presented that to all of the decision and policymakers in Europe. I've said repeatedly and I will continue to say so, does not matter what the United States does with their policies, We are going to grow exponentially outside the United States and will continue to grow in California and Connecticut.
https://u29265312.ct.sendgrid.net/ls/click?upn=u001.AGVir0q-2FyZWbZ5ev3cZBUkEleMvRVzeSDmm68mD8cr13GDagsfw6w1sfhJ8dxDUGVZH0yIbpjC3dMDbQG5Y1IVXq0GgEfIReyFpKFKeEqP5uUrHsakmzUbnVG0v1WsgJHV93K86XINb79XzM1NZ3N-2BBSQNRG-2B0fjyuPb34UGGSp90aitWhCRQtZ2iTOaHSUWRKOA1WXHnoe7V9yA5VWiVZJ5rVzjja2-2B-2FsHUUbaCffFrNTUbvEggPcfstD6Hc6DlnxHXGYrgUoUVIlK-2FNu52TZZDvMRZXNVDwW8ALU7FUYI-3DxExX_FLPzT2gB4L4-2BGAeomRFoIkV8JLL6vIhz-2FCbDV-2BLOv-2FBGaGJCPvB-2Fqu8tNctOSA6PcdyqIcWisY6kkpNN1CTW-2BdQYb3lx9Lv96x3oKAqeGZPfrJxIF0mUAzmUd-2BONrBLuClohFJxZ3KwdHfjuzdWGThxYBmcEfoOdMSlbi9dk7K8P-2BB35dmXGtQZY74YTdZ7p4-2BMHhPP6OL-2F6M9Ph0IMAmHCsvenuRY-2FqJmCOF1HwbMsmj1BkRA09o-2FVcmCEXDWEN-2ByTfn0aWdmJ7uhK1WUkpEoyiX7bAVzmPTPjIsaD6Jh0Zrus8fnAG-2B-2F9T-2BYj8gumJvDsLwzGFUWnVjSubAaBGDWmvVoRuD1uZETrMHmUou4dReATfReaN3Xg4JQ0CiXMGkHsQ9-2B7fGCE-2FZ9ukxRjeqop11zUJyR-2BXq71dBUb8Clp5cv-2FgtmSu5wdGzmFoARKL4a3CjyLXsnhd0MBt5efiYLm8QBSV-2FZu27CYcWIBsECk-3D
I'll tell you what I miss TD Ameritrade. Schwab has these fees for options. So unless you're trying to make a lot of money on the options it's not worth it. Those 50 cent call options for mid September look pretty sweet right now at $0.02. $2 for 100 shares for September 20!! If it were going to cost me anything less than $50 for 10 contracts it would be a no-brainer. If they happen to knock it out of the ballpark with Q3 earnings or have an awesome call or there's any other significant developments beneficial to the company, could easily shoot past 50 cents
Ever watch a movie twice and notice something different. Highly advised listening to the entire call closely.
Both partners with FCE
https://www.autoblog.com/2024/08/31/toyota-and-bmw-to-upgrade-fuel-cell-alliance/
California/Arches hub in motion
https://themalaysianreserve.com/2024/08/31/hyzon-new-way-and-recology-join-u-s-department-of-energy-at-clean-energy-event-to-showcase-north-americas-first-hydrogen-fuel-cell-electric-refuse-collection-vehicle/
Here's a novel idea, biogas from human waste! Wait, FCE already does this in several locations in CA, with tech already for commercial installation. Dah!
https://www.hydrogenfuelnews.com/human-waste-clean-energy/8566730/
Wow, this is huge, I've got a Google it and see if I can find that speech from Vijay. He's awesome. This is a great link.
https://www.theguardian.com/business/article/2024/aug/29/exxon-mobil-carbon-capture-government-subsidies
Dig deep! 52 week range $.3989 essentially $0.40 to $1.84. beast on today's outstanding shares which we are uncertain of, would be right around $200 million market cap and up to $920 million market cap. We will know next Thursday How many shares there are and with the market cap is. $1B market cap would definitely be a new 52 week high! Wants any company hits a new 52 week high, it typically proceeds higher, and not buy a couple percent. And There's no way we're getting back to a new 52 week high without the company or the industry gaining momentum. IMO If we make a new 52 week guy we should breeze past $2. Unfortunately, We may have to wait until the election.
I'm excited, I just increased my share count by about 5% at an average cost of $.42. Considering the history of where the price has been and the current global demand for our diverse technologies, The potential to someday get back to where the share price was 3 years ago, or at this point even a year ago for that matter, would be a super gain. For the shares I've added in the past couple months anyway. Since the companies assets far out way debt, And the market cap is currently substantially less than their cash value, Just reaching 2-3X cash value would be significant. $1B market cap is easily attainable. Which is 5X The current share price. 400% gain from current level. SK contract and potential in SK alone make it worth at least half that or 200% gain! TICK TOCK!
Ya, everything I say is my opinion obviously, but there are plenty of links and facts supporting such. I believe the current.valuation is a culmination of shorting, war, COVID, rate hikes and political concerns, regarding the election and 45V final rules. Stock is priced as if Trump wins and eliminates everything to do with fuel cells. That obviously wouldn't be good, however, we are still going to continue getting similar business in the US as what we have been getting. Much of our business and opportunities are in Canada, South Korea and Europe. Historically the majority of our income has been from SK which just recently restarted and will continue to grow. Hence the hiring of an in Country Executive to grow the business in Asia. They have over 50MW of units remaining in SK that need service in the immediate future, in negotiations. SK alone want to increase Fuel cell installations by 10 fold over the next 10-15 years.
We have an excellent reputation globally but particularly in California, Connecticut, Canada, Europe and SK. We have very significant partnerships, Exxonmobil, Toyota, Drax, E-on, DOD/US Navy, DOE/NETL, Several important financial institutions, several large Electric distribution companies and internationally recognized research companies. We have recent MOUs with many companies of which at least a couple will evolve into something big. MHB, IBM, Chart Ind, TuNur, Oando, and of course KEPCO!
In regard to not expecting $30 any time soon, I agree, over the next year, unless the elections result in a Democratic landslide. Then we could get $30 very quickly. Think about the boat load of developments over the past 2 years. Just the $160M contract in SK was huge. So was the Exxonmobil 2 1/2 year extension of the JDA combined with the 1st commercial project contract at PORTHOS. We have several other smaller ones in California, Ukraine and UConn also.
Nice, it's simply a matter of time and once this thing starts moving I'm certain it's going to move quickly and for a very long time. Much more quickly than it declined.
https://email.fuelcellenergy.com/details-for-todays-webinar?ecid=ACsprvuGiD4AJtc2OmNIn53pFh6x_bp3fjoy36omRiwMtTYCtjrLhrOJKwHUKSyeCg52vCHdenI4&utm_campaign=2024-08-ProFood-World-Webinar&utm_source=hs_email&utm_medium=email&utm_content=321882333&_hsenc=p2ANqtz-84IEVkwppH7NbwCx7_QgpYzN8Xzf5nJWV2D4TQdbuSKJ3ZQWguTu4zRxWSdRe-huxbhsq021cv_I8s1JyA1Emj8mEqlg
Most of these partnerships should lead to something by some time in 2025. Current scheduled revenue should = or exceed EBIDTA+ on average for 6 quarters, from Q4 24-Q1 26. Further developments in SK, with Exxonmobil and through these MOUs will be more than sufficient to minimize losses until the company reaches profitability.
https://www.turbomachinerymag.com/view/fuelcell-energy-chart-industries-collaborate-on-carbon-capture-hydrogen
https://mhb.com.my/fuelcell-energy-to-collaborate-with-mhb-to-deliver-solid-oxide-electrolyzers-for-large-scale-green-hydrogen-production/
https://energydigital.com/articles/ibm-collaboration-to-boost-fuel-cell-performance-using-genai
FCE web site, partnerships
https://www.fuelcellenergy.com/partners
Process this! This is 1 very important piece of the puzzle, and has absolutely 0 to do with the US political debacle and bureaucracy!
FuelCell Energy (FCEL) is a company that has deployed its technology in South Korea to generate over 100 megawatts of sustainable electricity without burning fuel. FCEL has partnered with other energy companies in the region and is working to increase its market share by building long-term service relationships.
In 2024, FCEL announced a milestone in its Korean market expansion when GGE purchased 42 of its 1.4-megawatt upgraded carbonate fuel cells to replace existing modules at the Hwaseong Baran Industrial Complex. This fuel cell power platform is the world's largest single site and can produce 58.8 megawatts of electricity from its 42 fuel cell modules. This is enough to power around 135,000 homes, and the facility also generates hot water to heat about 20,000 homes each year.
South Korea is a leader in fuel cell technology for utility-scale power generation. In 2019, the government released a Hydrogen Economy Roadmap that called for 15,000 megawatts of stationary fuel cells by 2040. Emission-free fuel cells can help the country reduce fine dust in the atmosphere from transport exhaust fumes, industry, and the jet stream. In 2022, South Korea increased its fuel cell power generation capacity by about 120 megawatts, reaching a cumulative capacity of around 892 megawatts.
Now read the Exxonmobil outlook! And think about their 10+ year development agreement which just resulted in what will be the largest CCUS project in Europe by 2026! That JDA runs through 2026 with a goal of commercializing FCE CCUS tech at ALL EXXONMOBIL FACILITIES!!!!!!
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://corporate.exxonmobil.com/-/media/global/files/global-outlook/2024/global-outlook-executive-summary.pdf&ved=2ahUKEwiVov3vnZiIAxV3F1kFHbZ0DQkQFnoECBAQAQ&usg=AOvVaw28_e_i0JIFWjxVBjDoI7LQ
Shorts obviously don't expect any news significant enough to take large losses on a short position. They also obviShortsously see either more downside potential, for the greater possibility of trying to continue shorting if there's a reverse split. Again back to my theory of market capitalization being the most important factor technically as far as how low the stock can go, it does not matter whether there's a reverse split or not. 200 million market cap is 200 million market cap. Shorts are hoping the potential of a reverse split and the most common result of a reverse split is enough to create more fear and drive the price lower. I'm 100% confident, most of if not all of the people shorting, Are just waiting for the opportunity to run this thing long and hard. They know there's going to be a time because there's absolutely zero concern of bankruptcy in the foreseeable future. Cash flow in the coming six quarters will cover operational costs. I'm expecting better than EBIDTA break even Q4 24 through Q1 26. And I would expect that to continue given any further significant developments within the company in the next few quarters. Few has played this perfectly from the Get go in my opinion. The most immediate thing he did was restructure and get rid of all bad debt. He fixed the finances trimmed the fat on the workforce and the finances. Then started rebuilding. They monitored capex based on supply and demand to ensure they weren't increasing losses in case the market demand did not grow as they hoped. If you look closely however I believe they've gotten at least five different contracts in less than a year for a far greater amount than any previous two years all the way back to 2015 when doing big business with Posco. They've also brought the generation portfolio from approximately 7.5 million a year to over 60 million a year which is recurring revenue. That's over 700% growth In 5 years. Several of those projects were very high profile including Toyota, The US Navy, And the second largest fuel cell in the United States (Derby 14.8MW). They just began marketing approximately 1 year ago because some of the product were still undergoing testing and they weren't ready for commercial production at scale. They still aren't but they can easily ramp up with orders.
Or at least a level below cash value were they feel safe enough to continue shorting. They obviously don't expect any news significant enough to take large losses on a short position. They also obviously see either more downside potential, for the greater possibility of trying to continue shorting if there's a reverse split. Again back to my theory of market capitalization being the most important factor technically as far as how low the stock can go, it does not matter whether there's a reverse split or not. 200 million market cap is 200 million market cap. Shorts are hoping the potential of a reverse split and the most common result of a reverse split is enough to create more fear and drive the price lower. I'm 100% confident, most of if not all of the people shorting, Are just waiting for the opportunity to run this thing long and hard. They know there's going to be a time because there's absolutely zero concern of bankruptcy in the foreseeable future. Cash flow in the coming six quarters will cover operational costs. I'm expecting better than EBIDTA break even Q4 24 through Q1 26. And I would expect that to continue given any further significant developments within the company in the next few quarters. Few has played this perfectly from the Get go in my opinion. The most immediate thing he did was restructure and get rid of all bad debt. He fixed the finances trimmed the fat on the workforce and the finances. Then started rebuilding. They monitored capex based on supply and demand to ensure they weren't increasing losses in case the market demand did not grow as they hoped. If you look closely however I believe they've gotten at least five different contracts in less than a year for a far greater amount than any previous two years all the way back to 2015 when doing big business with Posco. They've also brought the generation portfolio from approximately 7.5 million a year to over 60 million a year which is recurring revenue. That's over 700% growth In 5 years. Several of those projects were very high profile including Toyota, The US Navy, And the second largest fuel cell in the United States (Derby 14.8MW). They just began marketing approximately 1 year ago because some of the product were still undergoing testing and they weren't ready for commercial production at scale. They still aren't but they can easily ramp up with orders.
Exxonmobil global outlook through 2050! Good read, obviously cautioning can easily be effected by policy and governmental changes.
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://corporate.exxonmobil.com/-/media/global/files/global-outlook/2024/global-outlook-executive-summary.pdf&ved=2ahUKEwiVov3vnZiIAxV3F1kFHbZ0DQkQFnoECBAQAQ&usg=AOvVaw28_e_i0JIFWjxVBjDoI7LQ
IMO, the market capitalization will remain between $200-$300M into end of October without any SIGNIFICANT news. Significant to me would be another $100+M contract, a very high profile contract (Toyota, Exxonmobil, military) or political developments, ie Favorable rules for 45V. By end of year, regardless of the election, we move north of $300M. Reasoning! 1) the company is worth far more than $200M RS or NO RS 2) The market will have answers, uncertainty is a large part of the problem. 3) Should have several positive developments ie, SK updates (contracts) and revenue from SK begins in Q4 (Call around Christmas)! Surpassing $300M (IMO) is worst case scenario! If we have several positive developments, we could easily be north of $1B before year end! Just my humble amateur opinion!!
It's coming. Particularly in California, and the rest of the globe.
Link from Powerbattles on Ihub
https://www.ktvu.com/video/1507055
https://www.linkedin.com/posts/exxonmobileurope_ccs-activity-7227327850079555584-y14p?utm_source=share&utm_medium=member_android
The global market for Fuel Cells is estimated at US$11.4 Billion in 2023 and is projected to reach US$40.7 Billion by 2030, growing at a CAGR of 19.9% from 2023 to 2030.
https://www.hydrogenfuelnews.com/efuels-and-fuelcell-energys-fcel/8566662/
Funny, Toyota & a company called Fuel Cell Energy!, lol
https://www.getnews.info/story/2024/08/23/hydrogen-vehicles-market-insights-emerging-trends-challenges-and-growth-projections/?source=tgam
Not happening 20 years after IPO as we are already about 30 years in, but very likely to exceed 6,500‰ in less than 10 years from these levels. .we went up 1,400+% in less than 3 months on hype and hope. Profitability and commercialization deal with Exxonmobil worth $10B would shoot this past $50 in less than 1 year. That could happen in 2026 or 27, just 2-3 years out. $.40 low to $4.40 is 1,000%. We hit $29.44 from $2 we can easily hit $29 again with tax cuts, a good market and continued momentum for hydrogen and carbon capture. That would be over 7,500%.
https://finance.yahoo.com/news/google-went-public-20-years-165744013.html
Not showing up and when I copy and paste from my email it does nothing
Thanks KJ, I knew the reverse split history but something was telling me the last reverse split proposed was negated denied or canceled. That recap clarified. I was thinking there wasn't a reverse split in 2019. But there wasn't a second reverse split in 2019. So thank you Now I remember. I do know the after that the stock lingered between the price point you stated and a little over $2 for quite some time. A link I posted earlier today or yesterday was when the stock price rebounded mid 2020 from about $1.50, where it dropped after a short seller posted false information. Stock dropped from at or just above $2 to about $1.50. The company rebutted the comments within 24 or 48 hours and the stock went right back to where it was. I insisted the stock was going to pop at least 50% and I bought a whole lot of shares. The stock popped more than 50% within a week once it started the run and I only cashed out 500 shares, less than 10% of the extra shares I bought. I did that about five times in the run up to 29. Then I cashed out a thousand shares at $27. I ultimately ended up selling 2000 shares more than I bought, enough to put it down payment on my house and buy my Harley. Although I started reinvesting or buying back in way too quickly, My hardly held its value and my home appreciated substantially. And now I am almost back to my original share count. One more nice commission in two weeks Should do it, unless we go back over $1 before then. And then I can't really complain.
Plenty of answers we don't have and are likely not to have most of them in advance. Answers we should get shortly: 1) How may shares ATM sold at what price. Hopefully not many. 2) Earnings obviously and what can be expected in a typical Q from Generation. 3) Backlog update 4) FID for the hubs!! By Autumn (3rd week in September) I believe!
Items we won't know until official announcements:
1) status of projects with completion dates, although they could provide estimates of commissioning dates. 2) status of contract negotiations in process, Although they did inform us there were a couple in late stages prior to the UConn contract announcement. I don't think they will do that unless the contract will be signed within weeks because negotiations have concluded! 3) updates on all the MOUs (KEPCO, TuNur, Oando, MHB, Chart Ind, IBM And that might be missing one. 4) 45V although that could be any day or take until after the election, into January.
I can't wait to see the bears try to justify their position when the revenue starts rolling in from South Korea. Especially in Q1 & Q2 when they have a relevant amount of service and license revenue coming in. Let's just assume 6 units per quarter minimum from SK. Although I believe they may try to time it so more units per Q are delivered in Q1-Q4 so Fiscal 2025 impresses. So 6 in Q4 24 and 6 in Q1 26 with the remainder of the 42 in 4 quarters. So 30/4 or 7.5 units (obviously they can't deliver a 1/2 unit, but you get my gist). If they do as I hope it will be 8 in Q2 for a whooping Q with at least EBIDTA+ results. They have 2.8M scheduled service in Q2. If timing allows, they get $15M gen, $10+M S&L, $5+M Adv Tech, And one of the sold projects hits accounts receivable, we could easily top $60M. Book Mark this
You should try calling UConn and see if they'll tell you how much they're paying
Follow up! Maybe I'll look back and maybe I won't, for one of my previous posts. I stated an opinion that FCE Will get at least one more project in Canada, some more significant level of business in South Korea, something else in the United States, and something else in Europe, All likely sometime this calendar year. Canada ding ding ding! $6.8M award for a carbon capture project at the oil sands, And now $5.9M for another project with our electrolyzers. They aren't ramping up production from 4MW to 40MW and expanding their lease for future expansion Just to have something to do and to spend more money. They just cut CapEx for 2025 to manage their money efficiently.
https://s21.q4cdn.com/256256048/files/doc_news/FuelCell-Energy-Announces-Major-Clean-Fuel-Fund-Support-for-eFuel-Projects-in-Canada-2024.pdf
FYI, This is an additional project in Canada, Not the previous carbon capture award we received for 6.8 million
https://investor.fce.com/press-releases/press-release-details/2024/FuelCell-Energy-Announces-Major-Clean-Fuel-Fund-Support-for-eFuel-Projects-in-Canada/default.aspx
Carbon pricing
https://www.linkedin.com/posts/rupsha-bhattacharyya-india_carbon-prices-ugcPost-7231718206451679234-Dn7K?utm_source=share&utm_medium=member_android
2020 not long before blast off, a short seller released an article making false statements in fuel cell energy dropped I believe 20 to 25%. Few rebutted the claims and the stock rebounded completely within 2 days. The company doesn't have to make a statement about the proposed reverse split as evidenced by the bounce off $0.40. it's ridiculous to have any excitement about having support at 40 cents, But it's more ridiculous for the stock to be at 40 cents. Shorts and bears have had their way for a very long time. A United States election of a dictator that doesn't believe in clean energy will obviously not help matters in the US markets. However, That seems to be a flip of a coin right now, or slightly swaying away from him. Also however, FCEL is doing very well in Europe Asia and Canada. And the vast majority of the world is committed to using our technologies in the foreseeable future, and pushing to scale those technologies. I understand investors are concerned and upset and I am none too happy myself. However, I firmly believe with further patience and time long-term investors will be rewarded very nicely. Just as much so as we were from the end of 2020 through February of 2021, it just might not happen as fast. I don't need millions of dollars to live or survive, most of my investment was for my family anyway. It would be awful nice if it could start happening in the next couple months instead of the next couple years though. Here's that article I referenced about the stock rebounding after the short article. It is simply a matter of time This company is not going bankrupt and they will not be delisted.
https://www.thestreet.com/investing/fuelcell-energy-shares-surge-after-company-rebuts-short-sellers-claim
We weren't doing this over a year ago, Europe is going to turn out to be big starting with contracts in the near future.
https://www.linkedin.com/posts/fuelcell-energy_igh2024-activity-7232365067869065219-zKSu?utm_source=share&utm_medium=member_android
Construction well underway at Porthos
https://www.linkedin.com/posts/port-of-rotterdam_co2transport-porthos-porthosco2-ugcPost-7232029100280836096-wjDs?utm_source=share&utm_medium=member_android