Post by
KewlNewf on Nov 14, 2018 4:48pm
3rd Qtr financials out today...
...more losses for now. We will have to wait and see what and how management will do going forward as the company finds its footing. With the recent acquisitions and the doubling and tripling size of 2 of their production facilities there is naturally a certain time frame needed to digest and fill excess capacity. Apparently there is a backlog to be addressed by Clearford Koester and UV Pure's next generation, Hallett line, should help in picking things up going forward. There have been a few smaller contracts and the $ value has not been disclosed regarding the new Amazon facility contract from Broccolini Construction. Needless to say, at these levels, it is an extremely low priced stock with high volatility. I would say not for the faint of heart...haha. Maybe I'm way off but maybe not as I can see the vision of the company and the path being pursued to achieve this vision. It may be a long bumpy journey but everything does not come easy and if Kevin and his team can continue to execute their plan then at some point that will not only be reflected in the bottom line but in the share price as well. Simply sharing some of my thoughts and this shouldn't be taken as investment advice. Everybody should do their own due diligence prior to making any investment decision.