Replies to post #24244 on FuelCell Energy Inc (FCEL)

[XenaLives]

New CEO - new fiscal policy and plan to monetize.

FCEL is a different business from what it was last year.

[krays]

Few’s first official act as CEO was to register an ATM offering.


https://www.bloomberg.com/amp/news/articles/2019-08-20/fuelcell-names-new-ceo-as-troubled-clean-tech-company-retools

His second official act was to file a preliminary proxy seeking a reverse split and to double the AS shares from 225m to 450m


https://www.sec.gov/Archives/edgar/data/886128/000110465919056581/tv531228-pre14a.htm

The only reason that’s not where stockholders are at now is that they couldn’t get the votes.

I’m sure everything is different now since zero new sales have been announced since his arrival.

Stock is overvalued in part due to incessant pumping.