Plug Power Inc (PLUG)

[uksausage]

we are nearly in agreement

Yes the current profit margin does not allow to give cash discount to companies representing 80% of your business. It would also set a sales price for other companies like say Home Depot who may look for best pricing.

Yet they needed something for their commitment hence the warrants.

If China commits $1,000m then I think we will see something similar although I actually expect a JV to be formed

Is it dilutive if you add so much value to the business 17% of the business for $600m? Only in America does it seem that way.

The Walmart is odd since they didn't really commit to anything new. Some here though they may walk away - but the benefits to them are huge and their board would shoot their Director if they walked away from Fuel cell solutions for material handling

What other business can say they know their installations for the next 6- 12 months. only thing that caught us off guard was the 2 sites in Q1 and 4 in Q2, now we know it was because of negotiations.