Plug Power Inc (PLUG)

[scubastevemd]

While 3.5 billion may seem like a lot that deal, they just announced I read will cost us $350 million projected. The stamp plant was what 150 million? Add another 2 supposedly in the works. How about what a dozen or so more sites slated? This does not figure in the cost of any JV deals, cost of any HUB projects and what happens if the BBB passes and that opportunity. I could see us burning through most of this money by the end of 2024 easy. How many of you remember them telling us they did not need cash and the very next day do an offering? So, while we might think they won't do it they added shares for a reason. On another note, apparently, I was one of many that voted against the pay package. I still oppose the amount to the CEO as way off because we know it is most likely this is his last gig and he's not going anywhere. Funny, how they tout the growth but not the collapse of the price from $75. So, give him 1.5-2X but not 6X normal pay if you must based on performance and not some insane amount!