Plug Power Inc (PLUG)

[canadajim]

Any company which files there 10-K so late that they not only need to file a notice of late filing (which inititiated several law firms to start fishing trips to solicit shareholders over potential breaches of the SEC regulations, by the way) while citing the supposed complex nature of their financial transactions as the reason for delay, needs accounting help.

Any company which re-iterates guidance to shareholders that the 2014 revenue will be $75 million in mid October, and comes in at $62 million when they file there 10-K 14 days past the deadline and 74 days past the close of the quarter needs accounting help.

Any company which so consistently misses the guidance they provide to shareholders in terms of both revenue and profitability over the past 5 years needs accounting help, and a change in management.

I would suggest that if you have not reviewed Andrew Left's article from Citron Research that it is a very helpful tool in establishing the value of any guidance which is issued by this firm.