Ann: Ceramic Fuel Cells to receive $3.9 million f, page-5

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  1. 294 Posts.
    re: Ann: Ceramic Fuel Cells to receive $3.9 m... If you read the IMF announcement as well, it seems to contradict the CFU one. $3.9 mill goes to IMF and they claim a profit of 1.9 million on the case. So was the payout $7.8 milion ???
    It's supposedly all confidential but without clarification from CFU, I have no idea what they will end up with. Is it $2 mill (3.9 - 1.9), 1.9 mill, or $3.9 mill as they claim, less expenses?

    I'd rather be reading announcements about how many units these Utility partners/customers have sold. To date there are none so how long is their testing/trialling going to take? Some have been installed with Utilities for many months.

    Perhaps they could spend some of the settlement money on a decent Marketing Manager to get things moving.

    I hold CFU at a small paper profit atm.
    DYOR - you may have better luck than me. Have emailed CFU about the above.

 
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