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Re: Maximilliano post# 13926

Friday, 08/02/2019 12:02:26 PM

Friday, August 02, 2019 12:02:26 PM

Post# of 59471
It sucks that we don't have full visibility to the details of the FCEL / POSCO / XOM license agreements. My thoughts were leaning towards: FCEL / POSCO license agreement prohibited FCEL from any direct sales business in So. Korea. It (IMO) did not say FCEL could not sell indirectly ie. Thru another licensee such as XOM. This provided POSCO with significant leverage in legal arbitration. By FCEL signing the XOM license agreement this leverage was diminished thus reason why resolution occurred shortly thereafter. Again this was only what I conjured up in my own pea brain.

On a separate note, were you expecting a weekly PR or 8K to be issued with update info on ATM sales / Hercules Pmnt updates? I was. thx
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