liveforsunnydays, my point was not that they are competition...

liveforsunnydays, my point was not that they are competition yet, but that CFU and it's shareholders should not be complacent about the threat of the Redox systems to the attempts by CFU to sell enough systems to become profitable.

The World is full of fuel cell companies that are living on subsidies and endless fund raising, therefore they are living on borrowed time. Only the continuously profitable one's will survive in the long run. Some will also fail in the short term.


betasp, you don't actually know for a fact whether CFU is the VHS or the Beta, neither do you know for a fact whether Redox will turn out to be the VHS or the Beta. The next year or two will tell you that.


SynQuasi, it is nice to have a nascent industry made up of a collection of small companies all trying to do their bit, but the market for the systems is limited due to the high costs of the systems versus the incumbent technologies. I do not see anything in the Redox PR (read 'hype') that looks good for CFCL, in fact the pricing of US$1,000/kW just looks really bad on CFCL.

If I was looking at buying 100 BG's to put into a housing estate as blocks of 25kW and saw the Redox advert before buying, I would be straight in contact with Redox to find out how I could get their systems next year instead of CFCL's.

If CFU were to take heed of my advice of many months ago to cut BoD salaries and staff by 50%, it would actually be showing investors that it is willing to lower it's costs to bring them more in-line with the current business, why has it not done this when it is such a logical thing to do and a quick win for company costs? I know it won't lower the cost of a BG, but it would make each $5m added to the loan last twice as long!