Market getting pounded today. If it's not 1 thing it's another. COVID, inflation, rising interest rates, government shut down, more inflation and rising rates, supply issues, and FCE manages to beat estimates 3/4 times in last year. Several new MOUs, projects going into operations or up to full operations, Plug issued a going concern when we were on the rise, there goes that gain. Finally PORTHOS CC project announcement, Issues with 45V, renewed concerns about sticky inflation, Exxonmobil renewed and expanded the joint development agreement. Growth projections remain as stated for the last year, $300M In 2025 and $1B In 2030. Recurring revenue increased from $7.5M per year in the spring of 2019 to now $63M. There's not one thing anyone can identify that will definitely significantly negatively impact the company moving forward. There can be speculation just like the speculation and how the company will prosper. The factoring in the developments worldwide favoring our technologies in the near term and long-term future, far outweigh the skepticism. Bears commenting the company will never reach profitability would be the only justified reason, But that must include speculation 45V will not end up having any positive impact on the company. Carbon capture will not move forward, Our sales will not increase and we will not end up building or using the 400 megawatt manufacturing facility in the planning stages. There's more negative things that must actually become reality than there are positive things that need to become reality in order for the company to prosper. As Darren Woods has stated repeatedly, The incentives are great to try to get the ball rolling, But if carbon capture in some of these other technologies are actually going to become affordable and a profitable, companies are going to need to invest and the carbon tax is crucial. Canada already has a carbon tax And we are already connected and allocated work in Canada. We are well established in South Korea plans to expand that significantly in the near term, fiscal year 24. I say repeatedly companies substantially undervalued at anything under $3. This will rise much faster than it fell. And it will ultimately surpass a $10B market cap without selling 500 million shares. In my opinion without being a financial advisor, You will never see a share price anywhere near $2 beyond 2024, let alone anything below it. I highly recommend to anyone considering investing especially a large amount of money, Do extreme diligence for a few days and it will be an easy decision. In fact they've made substantial improvements at branding and updating their website. They actually made it easy. If you read the entire website and read all the news updates and filings from the last two years it will be crystal clear. TICK TOCK! PS They have $300M +in cash and are seeking a low interest loan from the Department of Energy to build a 400 megawatt manufacturing facility. Although they could use $100M cash and still have more than enough money to fund operations for 4 quarters but they will not do that. They have 500 million shares to sell if they need to raise money. They will not run into financial issues or need to issue a going concern even if they build the 400 megawatt manufacturing facility expand the MCFC run rate to 100 megawatts and expand Canada to 80 megawatts. And of course they don't need to do that unless they have orders. The incentives for hydrogen have not even begun to kick in. Policymakers are focused on streamlining the process what's these projects are being awarded. If we are going to hit $300M revenue in 2025, we're going to need sales in 2024. My guess is a nice chunk of that comes from South Korea. Does anybody think the company needs to be profitable in order for shareholders to benefit? Tesla broke well over $100 when they were losing billions, long before profit, And when there was a question as to whether or not they would ever be profitable. FCE hit $29.44, with not one single bit of good news. Every argument the Bears have ever had is weak at best. It's simply a matter of time, HENCE TICK TOCK!!!!!!
