Some facts.
1. The company has not delivered on any of its past 'events'. Lots of promise leading to nothing...or, did it?
2. A company restructured and entering the fuel cell industry with all the hoopla of the African 'gold rush' (gold rush a metaphor pertaining to foreign companies trying to cash in on the needs of Africa)
3. The stock price soared from being thinly traded to a brief high and then settled after massive dilution and failure to deliver.
4. Lots of company hype posted on Twitter and Facebook.
5. Lots of pr's and other bits of writing
6. Stock price tanks.
7. Management obviously regrouped and decided on a more mature route after learning fluff pieces and poor execution of what was released, failed. This resulted in what we have now. No news of any sort. A stock price locked into a price next to nothing.
This is where the company is today. However, for me, I reread (for the umpteenth time) the literature the company put out up to and including the June CEO letter to shareholders.
Been mighty quiet and I'm thinking that if what I think is happening happens, I will be very happy for my investment. But, just my take, and that simply is: The company has definitely shifted gears going from 'rah rah rah' to 'we'll shut up and let any future actions (good or bad) speak for themselves.
And, we still have a month to go that will see if the 'anticipation' by the CEO in June to have three PPA's in agreement. My thinking, probably not BUT maybe??? One?
