Plug Power Inc (PLUG)

[scubastevemd]

Just WOW! I just noticed why Ollie was canned. Look at this and compare it to what came out this week in the PR and see if you don't see what I see. Revenue Drivers Include: inflection in electrolyzer sales as our gigafactory ramps to convert on 2GW backlog; growing new large scale stationary product sales with deployments of over 30MW of systems planned in 2023; delivering on recent large scale liquefier opportunities; continued growth in material handling. Now this- Plug is on track to ramp its 2.5GW gigafactory in Rochester, NY to 100MW per month in mid-Q2 2023, with plans to further increase output in Q3 2023. So, if they are not doing 100W now and will be by mid Q2, which would be July, how in the heck are they going to produce 2GW's in 2023? The math just does not work and if they based projections on this they won't work either. Correct me if I'm wrong. Looks to me like over promise and not delivering will continue to happen.