Nov. 25 at 3:09 PM
$HTOO $QIND $ILUS - More promises from HTOO/BrightHy...but will anything materialize this time?
If you recall, in 2024, the Benavente electrolyzer plant shut down, leaving 24 million Euros in debts and over 300 creditors, including 5.8 million Euros owed to the Portuguese state.
In early 2025, Fusion Fuel Portugal S.A. filed for insolvency, triggering a default event under its Nasdaq-listed parent company’s financing agreements
The grand promise was that Portugal would become a hub for green hydrogen, with Fusion Fuel leading the charge was broken. Instead, the collapse left unfinished infrastructure, lost jobs, and unrealized EU-backed projects
Know what you own. Just look at the massive dilution inbound...read the HTOO SEC Edgar filings.
Scroll down the HTOO stock board to see some of JP Backwell's antics and failures [more to come].