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Re: uksausage post# 31366

Monday, 06/26/2017 1:05:03 PM

Monday, June 26, 2017 1:05:03 PM

Post# of 56402
You didn't answer the question.

Concerning PLUG why spread Fake news.

A company like PLUG that has a $100m+ revenue business based on its proven reliable fuel cells is going to be very hard to convince that it is economically viable to include new fuel cells.



Plug does not have 100 million plus dollar business as of today? 85.9 million 2016 with a very very weak first quarter.

Plug has not shown in 20 years that it is an economically sound investment as it has lost nearly a billion dollars since it's inception.

PLUG has never shown a profit in those 20 years of operation with the old fuel cell so changing to a new cheaper to produce one would be very economically favorable to them.

The Mantra board will not be closed after to day it will be transformed to Spectrum Global Solutions, similar to how the fuel cell industry is transforming from the old PLUG style fuel cell to the new membrane-less ones.

"PLUG are committed to hydrogen as are mast major players in this space" The future of hydrogen is formic acid

https://phys.org/news/2015-05-fastest-hydrogen-battery-stone-car.html

http://pubs.rsc.org/en/content/articlelanding/2016/cy/c5cy01276g#!divAbstract



http://pubs.acs.org/doi/pdf/10.1021/acsenergylett.6b00574



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