Interview with: Darryl S. Nakamoto, CFO - featuring: their clean energy technologies that include the design and development of fuel cell technologies, including membrane, catalyst and unitization technologies and their integrated photovoltaic, or PV, module business (Hoku Solar). |
|
Hoku Scientific, Inc.
(HOKU-NASDAQ) |
|
CURRENT ISSUE | COVER ARCHIVES | INDEX | CONTACT | FINANCIALS | MARKETING SERVICES | HOME PAGE |
|
This is a printer friendly page! Hoku Scientific has
expanded beyond their initially vision of being
a leader in the fuel cell industry into being a leader in clean energy technology which
includes solar
|
|
Our vision initially was to be a leader in the fuel cell industry but we have expanded to become a leader in clean energy technologies which now includes solar. We are positioning ourselves to be a leader in both of these industries; however, in the fuel cell business there have been delays in the revenue ramp-up. Although we have the capability to mass-produce our product, the sales that we initially anticipated, are a bit slower than expected. We knew that this was a possibility, which is why we have maintained a high cash balance in order to sustain our business until the industry does kick-off. For the solar business, we recently announced plans to construct polysilicon and solar facilities. Our plans are to fund the construction through customer prepayments and debt. - Darryl S. Nakamoto |
|
ceocfointerviews.com does not purchase or
make
recommendation on stocks based on the interviews published.
.