Monday, September 20, 2021 5:56:29 PM
But they would now need to file 2 years of audited financials just to get tradeable again because it was an SEC Nasdaq stock. I seriously doubt that will happen. If had not been SEC reporting, it might have had better odds.
Best of luck to the longs here. This was a shame what they let happen to this great Exxon Flow through Battery Tech IPO spin off, that today with the move from fossil fuels to clean electric power tied to wind and solar grids power generation grids, would have finally been a game changer the next 10-20 years. I fear the loan sharks, and Legal sharks are sneaking the money, tech and IP-assets out the back door leaving a dead, too costly to revive shell.
Did they even keep the patents current? Paid up and enforceable?
I have seen this kind of shark feeding too many times going back to the 1980s.
For the remaining longs, and the need for climate change clean power tech, I hope i am wrong. Best of luck here folks.
FWIW, I thought Fcel was dead last year before Exxon saved them.
But they saved them 1-2 days before a BK filing would have happened.
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