Langlui's Big Board and Options Plays

[eighty]

i see some legal issue in 10k, but balance sheet looks good

Item 1 – Legal Proceedings

On May 26, 2011, Plug Power Inc. was served with a complaint that was filed by Alpha Equities Ltd. on May 6, 2011 in the Supreme Court of British Columbia against Plug Power Inc. and Plug Power Canada Inc. alleging breach of contract related to Plug Power Canada Inc.’s lease of premises in Richmond, British Columbia. The plaintiff is seeking damages relating to the restoration of the premises and unpaid rent. On July 28, 2011, Plug Power Inc. submitted a Response to plaintiff’s Civil Claim and we intend to vigorously defend this action. Accordingly, while there continue to be on-going discussions between the parties, the Company believes it is too early to determine that 1) there is likely exposure to an adverse outcome; and 2) whether or not the probability of an adverse outcome is more than remote.