Active Control Technology Inc ATIVF

What's missing here

[solarcircle]

The news release failed to convey the most important information which is: IS THIS A NEW CUSTOMER? If it was I'm sure they would have been bragging about it. What's needed here is not a tiny order from an existing customer but large orders from brand new multi-mine customers. Now that would be something that would show trust that the company will be around for awhile. So I don't see this as great news at all or a vote of confidence. All the same problems remain including future financing, dilution and likely share consolidation which won't be in the shareholders favour, that's for sure. I'm still glad I'm out and won't be back until I see some change. It's been a really long time since a new customer came on board. A couple of those, by multi-mine companies would change the situation in a big way but I don't see that happening. Good luck.

[positiveoutlook]

hey solarglad to see you're still checking in. I read it as a new client but that was my interpretation. Regardless, we have at least 9 customers that will need to reach msha compliance with face coverage. That is almost $2 million in sales to service these clients. If it is a new customer looking for face compliance it may mean we are being added onto another system - either leaky feeder