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Re: Spuds McKenz66 post# 60356

Tuesday, 05/13/2025 2:16:39 PM

Tuesday, May 13, 2025 2:16:39 PM

Post# of 62719
You don't have to believe me just look at the revenue and cost on the 8-k and tell me what you see. Almost every item cost more than the revenue produced. The losses are close to 200 million a quarter. Tell me how long %00 K last if you lose close to 200 a quarter. At best with improvements, which are not guaranteed it last 3 and then they are back to selling more shares. Unless there is such a huge demand and pricing power due to supply shortages, I do not see them making a profit now or possible ever. Their structure is wrong. If they had done it like Bloom then maybe they had a chance, but eating the fuel cost which is a variable has eaten us alive. We stll are selling at a loss. I'm not even sure with 100% of sale in H2 we make money. I'd love someone at Plug to actually show us how they become profitable. The lack of transparency and pure deception of never updating us on deal and businesses in my opinion is criminal.
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