Replies to post #54969 on Plug Power Inc (PLUG)

[Jack_Bolander]

Steve - Some clarity from my notes :

- Texas Plant not to start construction until 2025 and won't until PLUG has the money and the market warrants
- NY Plant not to start construction until 2025 and won't until PLUG has the money and the market warrants
- Tennessee not functional until Q-3 (their "estimate")
- Georgia not fully functional for 3-4 weeks (their "estimate")
- Georgia, The second phase has not begun construction and won't until PLUG has the money and the market warrants
- PLUG Needs the Both ATM AND DOE Loan
- PLUG is looking into FACTORING (NOT GOOD)
- A HUGE (50+%) EARNING MISS for Q-4 and 2023 !
- A 10% DROP in Revenues YOY
- Slowing Revenue Growth
- DOE Loan is NOT a Done Deal
- DOE Loan if approved won't begin to fund until Q-3 the earliest