Replies to post #43039 on FuelCell Energy Inc (FCEL)

[XenaLives]

In answer to these concerns:

I am also concerned with the cavalier attitude FCEL shows toward its stakeholders. Although your efforts are much appreciated, shareholders shouldn't have to rely on message board posters to dig up and share positive developments in the companies they're invested in. Other companies are announcing new manufacturing facilities and sharing their visions of growth. What is FCEL doing except for finishing up old projects or hiring the occasional executive? ?

Mega deals are being made every day in this expanding industry. Plug Power has announced at least 8 joint ventures and acquisitions in 2021 alone, which promise hundreds of millions of increased revenue in the coming years. Is FCEL pursuing any joint ventures? Is Exxon the only oil company interested in FCEL's carbon capture technology? Are there no large solar energy companies wanting to invest in Fuel Cell's energy storage products?

1) FcEL has to put Exxon and future growth before stakeholders... so that is why we aren't hearing a lot about carbon capture, that news will have to come from Exxon. The "mega deals" will likely involve Exxon, and I believe they have an exclusive deal with them so there won't be other oil companies.

2)As for other developments, they will be shared as appropriate, after all if they are negotiating with a government and the contract isn't locked down they don't want to give the squealers another chance to rant about unrealized expectations.

3)Large solar energy companies are not FCEL's market. Public utilities are and they are waiting on government funding.