• Christopher Wallace
    $PLUG's new equity raise benefits $BLDP investors, not PLUG investors.
    4/23/14
    Reply (6)
    • RayeBob: Explain please.
      4/23/14
    • Christopher Wallace: Equity raise allows BDLP to sell more fuel cells at a + margin to PLUG who then sells them in a GenDrive at a - margin.
      4/23/14
    • Christopher Wallace: Effectively the cash from the raise goes to their supplier who can earn a profit while PLUG currently sells below cost.
      4/23/14
    • LTI0723: It sounds like PLUG is moving away from using BLDP as a fuel cell provider. Any thoughts on that?
      4/24/14
    • Christopher Wallace: Smart to diversify suppliers. But who else is there?
      4/25/14
    • RayeBob: PLUG acquired ReliOn tech to make their own, presumably in certain circumstances. Info sketchy on Hysco JV whether that diversifies supply
      4/25/14