bluegen @10th chp hanover and altbauneu, page-3

@mark1013. I hope you are right. But what makes you think a big order is around the corner?

I am waiting to buy more shares, but I think CFU has some way south before significant orders are realised (Significant as in a single purchase of 500 units etc)

Bluegen is rolling out the door in small numbers, but until I read that their contract manufacturing partner is up and running/commissioned and validated CFU simply dont have the capacity to meet significant orders of Bluegens.

Then we have the mCHP units. Which to my disappointment recently had two put into test in the UK. Going on past experience testing will be 12 months. Ditto Germany and France, some units are in test and cant see any of their partners getting behind the Gennex for at least 6 months, then only in small numbers.

So, I think the problem is 2012 is shaping up to be more of the same. ie. Small improvements in sales, small increase in confidence...but no real income stream. Remember that Bluegen was thought up as a way to keep cashflow coming in whilst CFU waited for their partners to move forward with their integratd mCHP units. That side of the game has barely moved so hats off to CFU management for playing the BluGen card.

So I want there to be big orders, but the writing that I am seeing on the wall is no big orders for 2012. Another cap raising later this year and hope to god that this time next year we are finally seeing some meaningful numbers of fully integrated mCHPs going into the field (happy with 1000 by end of 2013) and Bluegen continues to build good numbers and by end of 2013 we have 5,000 in the field.

So they are the numbers I am hoping for. Hardly going to be a game changer for CFU ... I am literally waiting for lightning to strike as come later this year if CFU put their hands out again... well I am not looking forward to the real prospect of CFU being comfortably back in the single figure SP range. I am starting to think 2014 is as early as I can expect CFU to be taking orders in the thousands which is what we need if we are to get back to the SP we saw around the opening of their German manufacturing plant