Kanadian.. In case you forget, the hydrogen Fuel cell vehicle is a variation of an ELECTRIC VEHICLE!! Electrons fuel the Motors that turn the wheels!
Yes, it will be in direct competition with other Electric battery driven cars and vehicles, but the Fuel Cell has been around almost as long, if not longer, than Battery driven cars! It has a superb safety record and might be in high demand in a couple of years, who knows? All we can do is hope that our devices will be cost friendly, and don't encounter the heat that most EV batteries experience!
With Motors that drive the wheels, the NEW MOTORS are highly efficient with less wear and tear that Battery driven cars! Look at the motor variants that are out there, and those on the drawing boards! The present ones run with much less Electron energy propelling them than the motors of old!
With all those billions of shares outstanding, when the math is completed, the cost of those Shares were paid at maybe from $.001 penny at times, up to maybe $.02 pennies, so a little division will tell us how much those 4 billion shares were really worth in dollars? No debt is good of course, but the dollar value is much less than a few million dollars, which looks huge to us now, but with the huge potential in Electric cars and vehicles, (and we are in the EV sector with a FCEV tag instead) hydrogen stations in the 10,000's+ will be built over the years ahead, so a few million dollars in debt, if that much, will not seem much if we can get in the door early?
Since We are in the same category as Battery driven EV's, we will be looked at seriously, as batteries are expensive, and water is readily available!
Of course, there still is development time to be worked, which will cost more money until that final Gen2 or Gen3 hydrogen system becomes available! Nothing finalized yet!
Yes, I took a chance, and though prospects don't look promising at this time, it is one of the few Penny stocks that has a pretty good chance at becoming a stable Company in the hydrogen sector!
? But in this highly to If the loan-out prices ranged from say (Hypothetically) $.002 cents to maybe .$ .02 cents, the dollar value of that debt is far less than the billion share price we are responsible forbought at? Then since that is only (1) billion shares, we have to multiply those figures (X 3) to get the close to the money figure the dollar value is for all the debt! investment is worth my gamble at the prices I bought the shares at!
