FuelCell Energy Inc (FCEL)

[Hoghead7]

And here is the second repost from another message board very insightful.
per last 10Q FCEL what I read: Current Assets: $117,134,000, total Assets: $345,955,000 of that project assets: $109,800,000 Current Liabilities: $87,980,000 and total liabilities: $192,923,000 per yahoo finance latest numbers: Current Ratio: 1.33 (good number) , Book value per value .54/share (Good number), Cash per share .21/share (Good number). If needed FCEL per latest 10Q has up to 225,000,000 authorized common shares it can sell to raise cash - per yahoo finance they have 129,344,000 common shares outstanding leaving them a total of 95,656,000 shares of common share it can sell to raise cash. They appear to have a At Market Sales Agreement in place to sell those common shares up to $50,000,000 with B Riley FBR and Oppenheimer at 3% commission. ALSO FCEL has authorized up to 105,875 shares of Preferred Series B 5% cumulative at $1000/ share to offer to raise cash. They have issued 64,020 shares per what I read in 10Q. That leaves 41,855 of preferred B shares they can offer = $41,855,000 less commission to sell. Not that they should issue these but they are seem to be authorized. PLUS recent great bank lending relationships and financing rates UNDER 6%. Generate Capital around $90,000,000.00 for approved project financing. Appears to me that FCEL has some staying power and options to raise some cash if really needed. Do your own due diligence . This is just my humble opinion.