FuelCellsEtc – Spin-out or Sale response

There has been some question about whether FuelCellsEtc was a “Spin-out” or an “Acquisition”.  I confess, this is largely due to my own inconsistencies in terminology.  So here’s the skinny:  FuelCellsEtc licensed (exclusively) all of the technology, process, etc of the Commercial Fuel Cell Components Division (CFCC) at Lynntech.  We also brought over most of the people in the group as well as virtually all of the equipment, materials, etc.  We still operate under the same procedures that … [Read more...]