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Re: spin1 post# 17814

Sunday, 06/12/2016 2:43:50 PM

Sunday, June 12, 2016 2:43:50 PM

Post# of 30168
The facts:

1. The price of oil. This will keep said revolution from happening in the next 5 or more years, as the price oil goes up. Shale companies will begin drilling again, keeping the supply higher than in the past and prices lower than in the past.

2. Fuel cells and fuel cell development are here, the creation of affordable fuel cells will be the nexus point in the adoption of wider use, not that other forms of power will become more expensive and thus make them economical by comparison. Pajarito Powder in New Mexico is working on non-platinum catalysts. Doing away with the platinum in a fuel cell will make it affordable.

3. Economies of scale will enable some of those said fuel cell companies get closer to the breakeven point and eventually towards profitability. In the meantime those other companies have built a reputation for fuel cells, have demonstrated various niches where there is no comparable solution and have established themselves.

If as you say D'Couto is purposefully keeping NEAH out of the business, then what is the rationale for spending money traveling all over the world, trying to create deals where he knows the economics aren't there to support the business ? We get back to the business of selling fuel cell stock and not fuel cells don't we.

There is a reason D'Couto cannot get financing, otherwise he would have it already.

jmho

Bill

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