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Saturday, July 22, 2017 12:24:23 PM
PLUG takes in tens of millions each q but loses more than it takes in. In 2106 alone Plug LOST 57 million.
PLUG makes tens of millions of dollars each q, what is MVTG doing?
Whether MVTG portfolio will be great or a failure is yet to be seen.
With a TEN YEAR HEAD START one would hope that Plug would be further ahead in it's development than MVTG.
After 20 years of operation Plug is only beginning (2018 they hope) to sell it's fuel cell's at a profit.
Mantra is still developing theirs after only 9 years of operation, they still have 10 years to reach Plug stage of growth or go beyond to where Plug is today.
Unlike Plug, the fuel cell is not MVTG only road to success With ERC, Energy storage, 5g installation,unmanned Aircraft Vehicles (UAV's) structural mapping and inspection services, and small cell design who knows the limit of MVTG over the next 10 years.
You are right during the next few quarters Plug will do ten of millions more than MVTG mere 4 million. The difference is MVTG will do it and turn a profit while Plug will be losing millions.
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