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OrizG

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OrizG

Re: None

Wednesday, 06/12/2019 12:05:43 PM

Wednesday, June 12, 2019 12:05:43 PM

Post# of 59497
A perpetual agreement means that there will be just one time payment of 10 million and Exxon has the right to use all their patents indefinitely.

It's good money but I'm not sure it's the best deal for FCEL.

It seems to me like a move aimed to get out of debt and avoid BK.

Very good move for that matter.

It's unclear if there was an ongoing negotiation between FCEL and XOM or something cooked lately with the help of Huron consulting.

"The two most powerful warriors are patience and time".

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