Replies to post #46805 on Zeev's Turnips Patch-No Politics (ZEEV)

[brainlessone]

do a search on mems and fuel cell in google for most of the new stuff, mostly private. too bad you missed the hpowd/plug thing. I think ge owned plug or hpowd

[stunjamie]

Hi Sylvester....you might want to do some DD on HYGS, a Canadian company involved both in fuel cell applications and testing equipment. The company is trading at more-or-less breakeven, a rarity in a field where cash burn is the norm. HYGS is 27pc owned by GM, whereby Hydrogenics gave up the shares in exchange for all GM's IP in the fc sector. Revenues are increasing quite dramatically, with the latest figures citing a large backlog. Recent jv's include John Deere and NXTL. There is a website too...http:\\www.hydrogenics.com
Stock has been quite dull recently. The problem lies in the market not expecting much to come of fc's, apart from some headline-type applications, for several more years. GM doesn't expect commercial vialbility on autos, for example, until 2010, and even then dependent on solving the greatest problem: storage. Interestingly, GM also owns a chunk of Quantum, formerly part of engineering group Imco, who seem to be nearest to finding a way round the storage question. All IMHO of course.

Disclaimer: Obviously, I own some of these!

rgds stun

[Zeev Hed]

Maybe the approach should be like with the I-net craze, find out who provides the picks and shovels. Dupont as a lock on proton transfer membranes. Engelhardt and OMG (yes, our "orphan value stock") are suppliers of important parts of the electrodes.

Most of the IP is already in public domain (hey, I authored a patent on some fuel cells technology circa 1975 which has long since become "public domain").


Zeev