FuelCell Energy Inc (FCEL)

[Hoghead7]

Conference call for one1. According to chip and I have to believe he's smart enough not to say it if it wasn't fairly accurate, Toyota should be breaking ground any day power purchase agreements should be signed in Long Island before the end of the fiscal year which is the end of this month. Department of energy should be at Fuel Cell Energy within the next few weeks. immediately after that there should be an announcement about then receiving funding from the Department of energy for the next stage of the carbon capture which is the groundbreaking. But not least if not by the end of the fiscal year certainly by the end of this year we should hear something about South Korea. We are making money in South Korea as long as posco is making fuel cells. And that does not account for any other business we may have in South Korea from previously submitted proposals. I'm not banking on the South Korea info before the end of October though or even this year for that matter. But we are going to have developments in South Korea even if we have to wait just to see what the revenue is from posco. Last I knew they were producing 50 megawatts a year run rate. Since that's the old technology it's about 3 million per mw. Over the next 12 months adds $7-$8 million a year in revenue for nothing with no overhead required. Our recurring revenue is growing in posco is likely to ramp up production to more than 50 megawatts. The most of that South Korea stuff is stuff to look forward to in 2019 fiscal year