InvestorsHub Logo
Followers 11
Posts 1129
Boards Moderated 0
Alias Born 09/13/2017

Re: krays post# 11198

Saturday, 06/15/2019 2:46:37 PM

Saturday, June 15, 2019 2:46:37 PM

Post# of 59993
krays I believe you answered this question in an earlier post where you said Hercules and the Pref shareholder are likely behind this. We have only to look to "who benefits most from this?" Hercules and the Pref holder are holding the cards.

Your prescription of paying off Hercules and making monthly payments in cash instead of shares to the Pref holder is the right medicine.

As you have previously stated, an equity position in FCEL by Exxon could finance the above....and I believe "provide the antidote to the toxic debt."

It was very curious to me that the annual meeting was at the Pref holder's office....when the consensus is they are shorting the sh*t out of FCEL stock and behind the downfall. Whose decision was it to hold the meeting there?

*************

Reading between the lines, I believe Bottone was behind the Series C and D Prefs against Bishop's wishes or if its not that then I believe Bishop is next to go. Clearly, Bottone as CEO didn't understand the likely ramifications of such financing. Additionally, Bottone is likely also behind why resolution with the POSCO arbitration hasn't happened although I believe it will now soon be resolved. With Bottone out of the way and Huron at the helm, Exxon came in with the licensing and $10M just at the right time, and what is converging now is DOE FCEL Exxon domestically and possibly FCEL POSCO Exxon in South Korea "worldwide." It is interesting to me that Exxon's MCFC license is "worldwide" when POSCO holds MCFC license for Asia. Did I miss something?

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent FCEL News