CLNE Public Stock Offering

[Tax Counsel]

Clean Energy Fuels Corp declared on Monday that the company plans to offer 6m shares of its common stock, subject to market and other conditions, for sale in a follow-on public offering.

http://www.tradingmarkets.com/.site/...0News/2383840/

[Beej]

Re: CLNE Public Stock Offering

Wow, with a float of 39.1 million already, adding 6 million, 15% more shares, just sounds like a really good way to dilute the shares. Interesting strategy CLNE.

[tomdotstar]

Re: CLNE Public Stock Offering

Since CE has never made a profit, I suppose that kind of thing is expected. But today, Fuel Systems Solutions, the buyer of Fuelmaker, did the same thing.

By comparison FSYS is a healthy, profitable entity. I hope they put the cash to good use.

Fuel Systems Solutions, Inc. Announces $30 Million Registered Direct Common Stock Offering--- http://finance.yahoo.com/news/Fuel-S....html?x=0&.v=1