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Plug Power (PLUG +6.2%) gains saying earlier that the preferred stock investment made by Air...

Plug Power (PLUG +6.2%) gains saying earlier that the preferred stock investment made by Air Liquide closed on May 16. The company issued 10,431 shares of 8% convertible Series C Preferred Stock to Air Liquide, garnering $2.6M from the sale as part of a $6.5M strategic investment that PLUG says is a significant part of its strategy to grow its hydrogen fuel cell business for forklift trucks and other horizontal markets.
Comments (2)
  • sid gold
    , contributor
    Comments (176) | Send Message
     
    I would like to see the the Board Chairman changed he has had that post since 1997 and seen PLUG advance from $15 to $154 and then decline to .025c pre split on the original share capitalization.
    To pay George the chairman $72,000 for 2012's work and performance is a rape of the shareholders.
    How can Andy get a raise increased pay to $425,000 when the shareholders are almost wiped out???
    The board and management are totally derelict to their legal duties to shareholders!
    Unfortunately I have been a shareholder of PLUG since it's IPO at $15.00 and am still a shareholder.
    20 May 2013, 01:24 PM Reply Like
  • sid gold
    , contributor
    Comments (176) | Send Message
     
    Pity no other comments shows the lack of interest in PLUG
    26 May 2013, 03:44 AM Reply Like
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