Capstone Green Energy Corp (fka CGRNQ)

[Seasound]

High power UPS to see stiff competition from static suppliers

The shift from rotary to static has come from a combination of significant revenue potential and improved semiconductor technologies.

Certainly a worrisome trend for Capstone. What with fuel cells making large penetrations into the Data Center UPS market are we now the orphan step-child relegated to the oil patch? If our sandbox has shrunk to that I hope we still have some "keepsies" that will keep us in the game. Hopefully we'll see some serious orders start flowing in and the pps rising above a buck real soon as time is running short for continued NASDQ listing. According to my charts Capstone has failed to maintain the pps above $1.00 for 10 consecutive days since October 8, 2012. According to the NASDQ Continued Listing Requirements it would seem to me that Capstone should be looking for a letter notifying them of the "deficiency" any day (jmho.) There is an appeals process that can drag this out a bit, otherwise a reverse split is blowing in the wind. The shorter's aren't helping the situation and all the Foolish spin isn't going to cure the situation.

Speaking of reverse splits... The Captain mentioned ACPW several posts back in regards to former Capstone CEO Ake Almgren. The stock had a nice 13%+ run-up today, but the BOD will decide on the 17th to proceed with the previously announced 5-1 reverse split to regain compliance with NADAQ listing requirements. Is Almgren the undertaker? I've yet to see a reverse split "save" a company, but will watch this one to see how it plays out. Generally the reverse split just buys the company a bit more time before the inevitable.

Of course some of this is my opinion only, I therefore welcome dialog and a lifeline.