Yes, so my thoughts, Exxonmobil is as politically involved as anyone. They know yea or nay in policy updates incoming. They want to negotiate a commercialization plan or even potentially a buy out. Today was 4 business days after notice SEC deadline. New deadline is 4/4 at the latest. Buyout would definitely be no less than $5B but I'm thinking more like $10-$20B. $5B would be almost $11 per share. I just don't see that happening. I'm hoping for 2 year JDA extension with 2 projects. Listen to or read Earnings call and wording about MCFC expansion as related to Exxonmobil. Few has been expecting this, as I suggested was coming prior to seeing the 8K earlier. Few cut ties with Posco because they were attempting to steel our tech, tarnish our name, blame FCE for faulty cells even though they altered the cells to 2.5MW trying to extend the life. They were also trying to short and destroy the stock and take the company down. Exxonmobil could be involved in shorting as a negotiation tool, taking the price down so 19-20x sounds good but would only be $11-$22. If they are trying to get a bargain, or giving us a non profitable deal, he has to walk but I don't expect that. Few knows we need this with Exxonmobil now. Losing Exxonmobil would be a huge set back related to speed to commercialization and public perception of failure. But we can't make a losing deal and he knows that, hence telling Posco to pound sand. He'll get it done because Exxonmobil wants this too. They need this almost as much as FCE. They know this tech is ready to rock. The have referenced this as potentially game changing as far back as 2016 when Vijay was in a meeting with Battone, to most recently since the project commitment in December. Only now they said GAME CHANGING not potentially! Science Direct has said the same.
