Plug Power Inc (PLUG)

[Jack_Bolander]

B_B & Banger - MORE BAD NEWS !

The 2023 numbers are in, and now Paul is trying to move some numbers around for optics, so the January update and 10-K don't look SO BAD !

At the January business update, I think Andy is going to have to revise his estimates for 2023 AND 2024. And I am beginning to wonder if they might be sitting on some News about Tennessee and Georgia until then.

Q-4 (2023) is going to be a disaster, with record losses.

And contrary to what Paul says, PLUG won't be "turning on / fully operational" Texas until 2026 the earliest, and ONLY IF PLUG can raise $1.0 + Billion ASAP. Without a major capital raise, Texas, NY and California are all in doubt.

PLUG has already proven several times that they don't know what it takes to make a working hydrogen plant to scale or how long it takes, but it won't be happening in 2025.

What was the tag line for the Mega - Symposium ? "Hydrogen is Easy !"