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Re: maybe_this_time post# 2776

Wednesday, 07/08/2015 1:00:21 PM

Wednesday, July 08, 2015 1:00:21 PM

Post# of 3785
From the PLUG board

"Yes, but the fact is PLUG is still loosing money on every unit they sell. The more they sell, the more they loose. Not good imo."

I totally agree, been trying to get that message across here for some time!!!

It will only get worse as the world wakes up to the failed cost structure of using H2 and H2 powered legacy, ultra costly fuel cells in favor of a switch to formic acid and MVTG fuel cell cells that cost 20 cents on the dollar of a PLUG fuel cell.

And Magnagas who uses an H2 based fuel for welding just had a huge plant explosion, So much for the safety of H2 gas as fuel!!!!

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