Wednesday, May 18, 2022 1:46:27 PM
"They've been working together for over 10 years on this technology."
this is correct...keeping these facts in mind, why would Exxon feel a need to resign fcel?...does anyone think that there is something fcel can do that Exxon cannot?...
after ten years of working and doing all that research with fcel, and having access to anything developed in that time frame....what need does the powerhouse that is Exxon, have for the penny stock that is fcel?...
"Note Exxon Mobil paid $10 million dollars for a non-exclusive agreement in June of 2019. Which was awesome for fuel cell because that meant they could work with anyone they wanted to."
correct...
"Which motivated Exxon to promptly do an point development agreement for six times and money within several months."
which means that as of that time, fcel could no longer take the tech, jointly developed, anywhere...not without Exxons permission...and they aint likely to get it...even if fcel should get kicked to the curb...they STILL cant take that tech to anyone else...
i understand why fcel desperately wants to hang onto Exxon's coattails....
but what exactly does Exxon want with fcel...now...i know what they wanted in the past... they wanted to do research with them so they could gain access to everything they could need...
but what use is fcel to them now?...
Recent FCEL News
- FuelCell Energy and Toyota Motor North America Celebrate Launch of World's First "Tri-gen" Production System at the Port of Long Beach • GlobeNewswire Inc. • 05/02/2024 11:30:00 AM
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- Tyrone Michael Jordan Appointed to FuelCell Energy’s Board of Directors • GlobeNewswire Inc. • 04/29/2024 09:01:32 PM
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- Recently Updated and Extended Joint Development Agreement between ExxonMobil Technology and Engineering Company and FuelCell Energy Aimed at Accelerating Access to Carbonate Fuel Cell Technology for Carbon Capture • GlobeNewswire Inc. • 04/08/2024 12:00:00 PM
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- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 02/16/2024 10:10:25 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 02/16/2024 10:09:16 PM
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