Soluna Holdings Inc (SLNH)

[DoughDiligence]

Thanks, I am doing fine with my DSNY shares bought in the 60s and 70s.

My comments here aren't hurting any of the HTFBS investors. If this stock appears less attractive because of my comments the available dollars will go into the other HTFBS favorites.

I am just raising some long-term growth yellow flags due to the science of using methanol fuel. If I am right, then I am doing some investors a favor by raising these issues. If I am wrong, then it won't matter in the long-run anyway because the stock price will overcome my concerns.

I am not against this stock for any reason. I tried to invest in the fuel cell companies 10 years ago when there was huge hope for these companies to change the world. I bought into some of the hydrogen fuel cell hype and researched other fuel cell options - which all panned out as fools gold.

The fact that this company has no operations means that they will have to ramp up over a period of 1-3 years to make significant deliveries for their products without any partnerships. With partnerships, they can ramp up sooner - but they lose some of the upside earnings.

There are many companies who make fuel cells these days. I think the military is already working on several UAV projects with different parties who have operating units. The hurdles for MKTY seems to be high for a company so small without any capital to move fast on new opportunities for their patents that are already 5-9 years old.