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Re: stocks2012 post# 14774

Tuesday, 09/10/2019 7:51:27 PM

Tuesday, September 10, 2019 7:51:27 PM

Post# of 60540
There's not one monumental events happening at any specific time. I would say the next predictable event that could be like that would be the annual report which is given in January. I would also venture a guess we will have our first conference call with our new CEO at that point. bought between now and the end of October there are several events that are supposed to happen. There are some deadlines for some financial issues and completions or progress goals on projects. September 28th and September 30th are specific deadlines as is October 22nd. There are two projects that are supposed to be completed by sometime in October. Those projects are long-awaited and have significant relevance to the company's financial standing. We should also have a couple of updates I'm the 7.4 megawatt project for the Navy by the end of October. What update should come within the next week from the newspaper that wrote an article about it when there was a delay due to blasting necessary for the foundation of the fuel cell project. The second update is one that's required by the bank in order to continue with the financing for that project. There are updates required for Generate capital NRG Hercules and fifth Third Bank. The quote in the 10-q about having substantial doubt is the primary reason the stock is where it's at right now in the 30 to $0.50 range. Once that substantial doubt no longer exist we are looking at a market cap of over $500 million. I would say probably actually between 600 million and 1 billion based on plug and Ballard's valuation. in order to figure out what the share price should or will be in regard to that we need to know how many outstanding shares there are going to be at the time. That will fall somewhere between 126 million and 198 million. Again something we should know by the end of October.
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