Plug Power Inc (PLUG)

[220v]

I believe that PLUG is using this stock sale for key strategic acquisitions of other companies. They just acquired an important company whose technology/products are of importance to monetary growth of the the company. "On April 2, 2014, Plug Power Inc. (Plug Power) announced that it has acquired the assets of ReliOn Inc. (ReliOn) for approximately $4.0 million in Plug Power common stock...."One of our objectives in 2014 is to expand our fuel cell stack technology holdings to enhance our customer offerings," said President and CEO of Plug Power.

IMHO...the newly announced JV with Hyundai in the Asian market has prompted PLUG to aquire more key products in their portfolio to make the long haul more lucrative for the company. Plug Power (PLUGD) said Monday it was forming the JV with Hyundai Hysco, a supplier to Hyundai Motor, to make and sell hydrogen fuel cells in Asia. That was in line with Plug's "aggressive international growth strategy,"

PLUG is setting themselves up for monopolzing the market in the US and overseas. And to do so while keeping their promise of being profitable at the end of '14 then this is a good move for them to make. If they were to do this after this year, they might miss out on this longterm goal and be behind the curve....long PLUG!!