Replies to post #55016 on Plug Power Inc (PLUG)

[Penny chatter]

Beleaguered alternative-energy company Plug Power Inc. offered a positive funding update Tuesday morning, helping to send its shares soaring in premarket action.

Plug Power PLUG, +30.99%, which provides hydrogen fuel-cell technology, finalized a term-sheet negotiation with the Department of Energy for a $1.6 billion loan facility, Chief Executive Andy Marsh said on an investor call Tuesday. The company has been experiencing liquidity challenges, issuing a going-concern warning late last year and disclosing approval for a stock-sale plan last week.



https://www.marketwatch.com/story/plug-powers-beaten-down-stock-rockets-as-funding-update-offers-some-relief-838ebff9?mod=mw_square

[Penny chatter]

Was that credible enough Jacque Toast?

[Penny chatter]

Dem be the facts Jack. 1.6 bulleon