Plug Power Inc (PLUG)

[uksausage]

For most of last 5 years he has been promising profitability by the end of 2018 so he has 7 months to prove himself.

He met all his objectives in 2015 and all but one in 2016 so I am not sure what you are so annoyed about.

He has never promised an immediate win - in order to dominate an industry like he has so far with Material handling fuel cell fork lifts takes time and understanding what your customers actually want. He has increased revenues year on year to the envy of many

I cannot recall him ever telling a lie. Just because something doesn't happen in the future that you were expecting to - like a signed mega deal 3 for instance) doesn't make talking about it a lie. If he genuinely has a negotiation heading to completion and then for some reason it fails to materialize that is call BUSINESS

I would not defend him if you were talking about the financials and the dilution we have had to suffer a result of some poor financing decisions especially around the Walmart/PPAs. I have said many times I don't think he is the right person for the CEO role - he is too involved with the industry and strategy to focus on day to day operation and execution. It will be interesting to see if Barclays has any observation on corporate structure and board when they report on the best entry into China