SECURITIES AND
EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
___________
FORM 8‑K
CURRENT REPORT
PURSUANT TO
SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report
(Date of Earliest Event Reported):
March 15, 2010
Plug Power Inc.
(Exact Name of
Registrant as Specified in its Charter)
Delaware
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000‑27527
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22‑3672377
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(State or other
jurisdiction of
incorporation)
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(Commission
File Number)
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(IRS Employer
Identification Number
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968
Albany Shaker Road, Latham, New York 12110
(Address of principal
executive offices)
(518)
782‑7700
(Registrants
telephone number, including area code)
N/A
(Former Name or
Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8‑K
filing is intended to simultaneously satisfy the fling obligation of the
registrant under any of the following provisions (
see
General
Instruction A.2. below):
[ ] Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting
material pursuant to Rule 14a‑12 under the Exchange Act (17 CFR 240.14a‑12)
[ ] Pre‑commencement
communications pursuant to Rule 14d‑2(b) under the Exchange Act
(17 CFR 240.14d‑2(b))
[ ] Pre‑commencement
communications pursuant to Rule 13e‑4(c) under the Exchange Act
(17 CFR 240.13e‑4(c))
Item 2.02
Results
of Operations and Financial Condition
On March
15, 2010, Plug Power Inc. (the Company) held its earnings conference call for
the quarter ended December 31, 2009. The full text of the transcript of the
conference call is furnished with this Current Report on Form 8-K as Exhibit
99.1.
Forward Looking Statements
This transcript attached to this Current Report on
Form 8-K contains forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, including but not limited to
statements regarding the number of GenDrive and GenSys units the Company expects
to ship in 2010 through 2012, the Companys projected revenues for 2010
through 2012, and the Companys expectations for achieving profitability and
positive cash flow in 2012. The Company believes that it is important to
communicate its future expectations to its investors. However, there may be events
in the future that the Company is not able to accurately predict or control and
that may cause its actual results to differ materially from the expectations
the Company describes in its forward-looking statements, including, without
limitation, the Companys ability to reduce product and manufacturing costs;
its ability to improve system reliability for both GenDrive and GenSys; its ability
to successfully expand its product lines; the risk that unit orders will not
ship, be installed and/or convert to revenue, in whole or in part; the Companys
ability to develop commercially viable products; the cost and timing of
developing the Companys products and its ability to raise the necessary
capital to fund such development costs; market acceptance of the Companys
GenDrive and GenSys systems; the Companys ability to manufacture products on a
large-scale commercial basis; competitive factors, such as price competition
and competition from other traditional and alternative energy companies; the
cost and availability of components and parts for the Companys products; the
Companys ability to establish and maintain relationships with third parties
with respect to product development, manufacturing, distribution and servicing
and the supply of key product components; the cost and availability of fuel and
fueling infrastructures for the Company products; the Companys ability to
protect its intellectual property; the cost of complying with current and
future governmental regulations; the impact of deregulation and restructuring
of the electric utility industry on demand for Plug Power's energy products;
and other risks and uncertainties discussed under "Item IA-Risk
Factors" in the Companys annual report on Form 10-K for the fiscal year
ended December 31, 2008, filed with the Securities and Exchange Commission
("SEC") on March 16, 2009, and the reports the Company files from
time to time with the SEC. The Company does not intend to and undertakes no
duty to update the information contained in the attached transcript.
Item 9.01
Exhibits
(d)
Exhibits.
99.1 Transcript
of the Companys fourth quarter earnings conference call, presented on March 15,
2010.
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunder duly authorized.
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PLUG POWER INC.
By:
/s/ Andrew Marsh
Name: Andrew
Marsh
Title Chief
Executive Officer
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Date: March 16, 2010
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EXHIBIT INDEX
Exhibit No.
Description
99.1 Transcript
of the Companys fourth quarter earnings conference call, presented on March
15, 2010.