Plug Power Inc (PLUG)

[canadajim]

All great stuff - for the MVTG board

Admittedly PEM fuel cells compared to the greater energy storage and conversion market are currently about the equivalent of a flea on the butt of an elephant in just about every meaningful measure out there.

That being said MVTG and it's technology (employing formic acid and/or hydrazine) AT THIS POINT IN TIME are, from a commercialization standpoint, simply NON-EXISTENT.

It's great that there are patents. It's great that there is NSERC funding. It's great that there is an association with Alstom-GE and Ballard. It's fantastic that someone somewhere is going to make a vehicle powered by this thing, and it's even better that a bunch of people at UBC are really pouring their hearts and souls into trying to save the world from the menace of CO2 and global warming through ERC and that the MRFC can be made to use the formic acid the ERC produces.

Unfortunately there is, in my opinion, not a(an):
- existing implementation in even one real world practical application
- installed base of systems using this technology
- sources and infrastructure to support the supply and distribution of the fuel mixture

PEM fuel cells may one day be replaced by MRFC, but one thing is PAINFULLY obvious - today is not that day, and IF that day ever comes there will be many, many tomorrows until it does.

BTW the numbers that I quoted were off the Google Finance web site for the annual reporting periods of 06/01/2011 to 05/31/2014, being the most recent four years for which data is available.

http://www.google.ca/finance?q=OTCMKTS%3AMVTG&fstype=ii&ei=BefzVKHIHMPsrgGupoHgAw

If these are in error I suggest you contact either MVTG to advise them of the erroneous data, or Google to get the correct figures posted there. (I certainly have not tried to mislead anyone by doctoring or cherry picking the numbers.)

Finally I will quote from the terms of use for stock specific boards which appear to the right of the composition window :

•You are posting to the Plug Power Inc. (PLUG) board. Please keep your post about the stock and company. Do not post about other users or other stocks.
•Your post may be removed if it contains off-topic or other content that violates the terms of the Terms of Service.

So far the only things that you have convinced me of are that you are passionate about what you believe in, and that you really don't care about the terms of use for this board.

Board Moderators : As my post pertains to neither Plug Power's stock or company please feel free to delete it from this board.