Source: Financial Modeling Prep · peers by sector/industry
Valuation
Trading at 0.1× sales vs its 0.5× historical median P/S.
Fair value ≈ $0.05 · price $0.01 today
Undervalued · 84% below
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Fair-value line = the stock's median historical P/S × sales per share. Price below the orange line = cheap vs its own history; above = expensive. Not investment advice.
$HTOO $QIND - Both HTOO and QIND depend heavily on share dilution / equity raises
Neither generates positive free cash flow or profits yet. Fusion raises via its own stock (diluting HTOO holders) to fund operations, debt service, and capital injections into QIND. QIND then dilutes its own public shareholders
****It’s a classic micro-cap funding loop: revenue scaling but losses + low cash = perpetual need for fresh equity***
Individually they’re already high-risk (unprofitable, going-concern flags, razor-thin liquidity, pivot execution risk). Combined, the picture is worse because they’re structurally linked:
QIND’s growth is now Fusion’s main revenue driver, but Fusion’s own strained balance sheet (tiny cash, huge deficit) means any hiccup in raises directly starves the sub
Dilution compounds across both tickers — Fusion holders get diluted to fund QIND, while QIND holders get diluted by the parent’s infusions
So much for unlocking value - it's a FUGAZI
$HTOO I can see @MrHamilton is pointing out what investors need to know, but shareholders won't move an inch to verify anything. You shareholders are doing yourselves a disservice.
I would say look at HTOO's CEO John-Paul Backwell (who posted as IR as @fusionfuelIR until he deleted his account) and his history at $ILUS/$QIND. Mr. Backwell is very literally a swindler. With HTOO being down 95% since Mr. Backwell took over, investors should already be alarmed enough to try to figure out what's going on even without looking at ILUS.
If you don't care about your money, it's fine, but if you do care then I recommend an hour of research.
$QIND $ILUS - While you watch your investment tank, the boys at QIND are getting some nice rides. I wonder who is driving the G-Wagon using your investment dollars? Looks like 2025 was a good year to bolster the fleet.
$QIND $HTOO $ILUS - Maybe JP Backwell has time to tend to these matters now at HyperGroup and SAML??
Probably not, as everything he touches turns to shit and he does everything half-arsed.
Now that JP Backwell is out of the driver's seat at HTOO, they have exponentially increased their chances of success.
@PurplePenguin @Tammy1234 @MrHamilton @FusionFuelIR i just cant imagine what you say about people you hate. You have more numbers about $QIND $ILUS $SAML $HTOO basically anything JP touched than a chinese phonebook. Your research on JP tickers is greater than an entire Brittanica series. Now im asking you to correlate James Passin to JP so you dont hang him and thats a big ask? Do the work if you support your claims. I just go off filings and claims. You seem to know how to dig better than all of us. Dont make it sound like a big ask.
$QIND - Looks like QIND gave JP the boot as well.
Just another example of the Peter Principle.
https://www.otcmarkets.com/filing/html?id=19361960&guid=hQS-kFpuF-7fJth
$HTOO $QIND - Thank Goodness that JP Backwell was forced out of this business...similar to how he's forced many out during his time at QIND and ILUS by bankrupting decades old Ma and Pa operations.
Fusion Fuel may have a chance at legitimacy, without being in the shadow of a grifter, liar and thief.
At least JP got a new set of chompers up top, to replace those disgusting black chiclets. I hope his breath has improved as he prepares for his next set of interviews.
Perhaps JP can now attend to that turkey goozle of a double chin. Filling it with two testicles would be an interesting look.
The higher the monkey climbs, the more it shows its ass. JP rose to the level of his own incompetence.
JP Backwell has always been a "Post Turtle"
https://www.globenewswire.com/news-release/2026/04/23/3279934/0/en/Fusion-Fuel-Appoints-Uranium-Investor-James-Passin-as-Chairman-and-Appoints-Frederico-Figueira-de-Chaves-as-Chief-Executive-Officer.html
@FusionFuelIR @fusion - With respect to dilution, it's important to note that both $HTOO and $QIND depend heavily on share dilution / equity raises
Neither generates positive free cash flow or profits yet. Fusion raises via its own stock (diluting HTOO holders) to fund operations, debt service, and capital injections into QIND. QIND then dilutes its own public shareholders
****It’s a classic micro-cap funding loop: revenue scaling but losses + low cash = perpetual need for fresh equity***
Individually they’re already high-risk (unprofitable, going-concern flags, razor-thin liquidity, pivot execution risk). Combined, the picture is worse because they’re structurally linked:
QIND’s growth is now Fusion’s main revenue driver, but Fusion’s own strained balance sheet (tiny cash, huge deficit) means any hiccup in raises directly starves the sub
Dilution compounds across both tickers — Fusion holders get diluted to fund QIND, while QIND holders get diluted by the parent’s infusions
$HTOO $QIND - When a 3-month project turns into
a 6-month project. Who is running this clown show? How can you screw up a project timeline so badly, for such a small project?
October 16, 2025 Press Release: Announces the project at Fairfield Dairy
November 4, 2025 Press Release: Announces that the production of the proprietary biomass boiler and fuel systems already underway. ***The full plant is expected to be commissioned and enter commercial operation in January 2026, with initial revenues to follow thereafter***
As of today, the project is still not completed. Close, but no cigar.
No wonder the Portuguese subsidiary went bankrupt in late 2024.
The company faced repeated compliance issues and delisting notices, but successfully avoided actual delisting through appeals, transfers, and corrective actions which included a 1 for 35 Reverse Split just to stay alive!
If you've been here for a year, you're down 62%
@FusionFuelIR thanks for the update. I feel as though this transaction is stuck in limbo until $HTOO acquires something of value to get the stock price up and market cap up. How else can the phase 1 transaction be closed and new listing app begin? It seems at this pace we will end 2026 2 years into this semi complete transaction and going on a 3rd. There’s no closure or plan it feels like beyond hope that the stock prices rises on news. $QIND holders are being left to die on the vine.
