I know darn well fuelcell was down greater Then plug today. And I also know that's not the only reason it fuelcell is down. Those reading with an open mind understand that and won't misconstrue this. The main reason we are at multi-year Lows, And we may not have established the new support level, is because of plug power. Plug lost support at around $14 a long time ago Then they lost support again at $12 making new multi-year lows. Article today suggest keybank downgrade sighting specific concerns about financing being problematic. Apparently one officer for their electrolyzer department left, And we all know plug is in the midst of growth and expansion. They're burning through cash much faster than fuelcell And will need to raise money as well fuel cell. Hence the reason I encouraged everyone to vote for the increase shares. Without that we will suffer the same fate. Plug is now $5 lower than their support level over the past 2 years up until the end of last year. The most recent proxy amendment from a few days ago clearly stated In summary, Not getting approval to increase shares may prohibit them from taking advantage of a great growth opportunity. So if we do not get the approval to increase shares congratulations to those shareholders that just screwed themselves. Which by the way would drastically change all of my projections, I would then have no clue what to think about the future. We're not there yet, But we May very well have to stop hiring and cut spending while we look for lending institutions that would give us a decent interest rate. Bad bad choice for those shareholders voting against the increase shares.
