Seeking Alpha
  • Z Financials
    $FCEL on Mar 15, there is news that they are going to issue 3.53 million shares. This is going to cause some dilution, but I am still long.
    Reply (3)
    • Galactic Potential Investments: Shares were issued as an equity trade at $1.01 in acquisition of Versa Power. $FCEL now owns Versa outright with no loss of cash position.
    • Z Financials: Didn't they close the Versa aquisition in 2012?
    • Galactic Potential Investments: Deal closed on Dec. 20th. S3 filed on 3-15.