Replies to post #44712 on Plug Power Inc (PLUG)

[Shail]

As expected the market sees this news negatively

[uksausage]

read the filing there are 140m+ assign to convertables, warrants vested but not exercised and employee share schemes

As of the Record Date, there were 568,317,504 shares of Common Stock issued and outstanding and 143,077,736 shares of Common Stock reserved for issuance, leaving a balance of 38,604,760 shares of authorized and unissued Common Stock available for issuance. The Company is obligated to reserve for future issuance a sufficient number of shares of Common Stock to meet the Company’s obligations to issue Common Stock upon the exercise and conversion of the Company’s senior convertible notes, outstanding warrants to purchase Common Stock and outstanding options and other compensatory equity awards. The Company was obligated to reserve 143,077,736 shares as of the Record Date.

They do not plan to issue any more shares like others are suggesting - they have no need and they have a pretty good board of directors now to keep them straight.

however I do see them next year accelerating plans for more H2 production and factories around the world.
if you intend to be a top player in the energy market you have to invest

shares should be well over 4100 before any more issuance excluding partnerships like the SK deal.