Plug Power (PLUG) is a play on hydrogen fuel. Company makes products for fueling forklift trucks. New customers include WalMart, KROGER, P&G, HOME DEPOT, NIKE, MERCEDES BENZ, BMW, VOLKSWAGON, HONDA and New Major European Customer just recently added including PRELODIS & COLYRUT.
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06-29-2016, 03:00 AM
06-29-2016, 03:58 AM
'Martinistocks' pid='72861' datel Wrote: Thanks for the suggestion. When will they produce positive operating cash flow, any idea?
06-29-2016, 05:59 AM
'admin' pid='72863' datel Wrote: Projected by the end of the year. I am not holding my breath but we are in the infancy of this industry and I think could be explosive in the long run.
06-29-2016, 09:26 PM
The Yahoo summary of Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the material handling and stationary power market in the United States. The company focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies. Its product line includes GenKey, a turn-key solution for transitioning material handling vehicles to fuel cell power; GenDrive, a hydrogen fueled PEM fuel cell system that provides power to material handling vehicles; GenFuel, a hydrogen fueling delivery system; GenCare, which is an ongoing maintenance program for GenDrive fuel cells and GenFuel products; ReliOn, a stationary fuel cell solution that provides scalable and modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; and GenFund, which offers financing solutions to customers. The company sells its products to businesses and government agencies through direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.
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