Difference of opinion I guess. I see less sales by our...

Difference of opinion I guess.

I see less sales by our competitors (outside of Japan) I see CFCL being chosen of the VPP projects and I see independent analysis of the units performance alongside competitors telling me its not a dud.

The inability to land a De Dietrich as a big appliance partner, or Palomoa/Tokyo Gas etc in Japan means the co. has missed major opportunities to date to cement it as the emerging player. Others have a sugar daddy appliance partner...Ideal, Bruns and De Dietich don't seem to be doing a lot for us

But nobody has sales of fc mchp. If you can point a supplier out that is selling in higher volumes then us I would love to know and what they are doing different. If you can find any recent mchp numbers (irrespective of ICE, PEM, SOFC etc) I would be very interested in reviewing them.

The sterling engined Ecogen doesnt even have impressive sales in the UK and its a fraction of the price. Its hard to find numbers but I did read on a forum where owners of units were talking it was mentioned less than 1,000 units had been installed. I would love to know if that number is correct.

If the Ecogen starts getting really big volume then it tells me that the issue of installation, co-ordination between power generators, distribution companies, gas companies is all aligned and Prosumers have a place making their own power. If Ecogen isnt selling 50,000units a year then the distributed grid model is still broken and fragmented and you have to say that a company like CFCL has no chance when the energy market has no room for them.

So, I am not convinced that simply looking at our sales independent of what others are doing is the right approach. We have close to more installed then majority of our European competition combined. If on a quarterly basis they start putting our sales to shame then we are a dud.

But, if you want to break it down to , whatever the reason/excuse...CFCL are back to the wall and about to get a knock out punch as they don't have enough sales. Well that is probably close to being right and that thinking should largely shape thoughts of investing in CFCL, but doesnt make for an interesting discussion on what in particular is broke and what first needs to be fixed to help that nugget of a stock/company