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jetlife84

10/28/15 12:26 PM

#44215 RE: uksausage #44213

Agreed, good first step.

At the current outside perspective, nothing to be excited about as it's just speculation.

In the future, we'll either be looking at it as "that's where it really started" or "what bs..."
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Ecomike

10/29/15 9:40 PM

#44380 RE: uksausage #44213

Thanks UK.

"it is the required first step though so kudos to Larry for that."

"as some have tried to caution MRFC powered devices whatever they may be will not be available for years and certainly not available in any critical operation including consumer environment (think power tools) until many thousands of hours of safe operation have been proven. They will be being introduced into a world where the concept of fuel cells instead of batteries is becoming accepted so time to market acceptance will be much quicker.

but I am glad they announced the first step in identifying a partner (who knows who is footing the bill) and I hope the agreement allows for regular updates to the shareholders."

For what it is worth, MVTG had the fuel cell sitting on the shelf with no push to develop it until after the first patent was issued and after Alstom signed the deal to commercialize the MVTG ERC. So they have made huge progress in under 2 years with the MRFC fuel cell, versus the 8 years with the MVTG ERC.