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Jack_Bolander

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Jack_Bolander

Re: None

Friday, 01/26/2024 5:57:11 PM

Friday, January 26, 2024 5:57:11 PM

Post# of 56857
Steve - HERE IS A REALLY INTERESTING READ :

From another Board:

Plug will dilute 300-400mill shares based on the ATM.....they will further dilute 200-300million shares in 2025 as the convertible matures....

The company will continue as a GC based on limited financing options and approx 100mill of unrestricted cash....250mill goodwill impairment and a corresponding 500mill to a billion impairment relating to inventory and property plant and equipment coming....

The company projects no revenue growth in 2024, with a majority of revenue projected in the back half of the year.....for every long willing to continue to buy, Plug will happily sell you shares..

.tough to believe in a company that bets against itself.

No wonder NO INSIDERS are buying the stock even at these levels !
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