FuelCell Energy Inc (FCEL)

[igotthemojo]

“I believe that the correct price was $6 million dollars and a $60 million dollar 5 year research contract. Not bad for a company on the verge of bankruptcy and being threatened with delisting from the NASDAQ.”

Yup…like I said…fcel had what they were interested in and paid to get their hands on it…and over the years they have worked together to improve the tech…

Exxon has all they need from fcel…their interest in fcel continues as long as fcel can continue to make improvements and share them with Exxon…

“The fact of the matter is that Carbon Capture is WAY more important to Exxon (who need the technology to save their massively carbon polluting refineries)”

Exxon had been researching CC long before they hooked up with fcel…but fcel did bring something to the table and that was all well and good…but any research developments that has been accomplished in the last 6 yrs has been done via a JDA…there isn’t anything that fcel has or can do that Exxon can’t…

“Also, the fact that Exxon is willing to grant FCEL the right to market the improved carbon capture technology to anyone reflects how much Exxon needs FCEL expertise in the area.)”

I disagree…the idea that Exxon has allowed fcel to go seek their fortune with the tech tells me they really don’t much care what fcel does…if they felt like fcel was really important to them, they would have signed them to a contract to lock them in rather than give them the ok to go do whatever they want..

Exxon keeps stringing fcel along for pennies and peanuts just in case they come up with something useful…

Exxon also needs fcel to be the face of the failure if things don’t work out or go according to plan…