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Re: krays post# 6234

Monday, 07/02/2018 11:26:56 PM

Monday, July 02, 2018 11:26:56 PM

Post# of 60456
Just relaying the post that was on stocktwits look at it yourself. Possibility they are not paying cash right now possibility they are getting warrants or options to buy at that price when the stock goes up. we don't need cash right now but if we want to build a big project that we are going to own like LIPA or Beacon Falls then we will need it. The refinance with Hercules Capital requires that we maintain a significant percentage of the remaining loan value in cash. I don't remember the percentage off the top of my head but I'm certain it's at least 50% at all times. So we have the largest amount of cash or cash equivalents we have ever had at the end of a quarter. We also had the largest backlog we have ever had by far. So why would an individual or company with a billion dollars that knew everything there was to know about fuel cell not be interested in making that future investment. I know I would. Not saying it's real I tried researching to find it but that was the post it was on stocktwits.
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