Great answers by Pete regarding leasing Highlited pts below:
Dear Octavius
The quiet period ended with the conclusion of the financing.
As I posted elsewhere on this platform, a number of times, the only reason we decided to pursue this strategy was that we believe we could make a hell of a lot more money doing this. Really, nothing more than that…plus recurring revenue at that!!! Who wouldn’t want to rent something out, year in year out, as opposed to a one-off sale and then having to go look for a new sale?
Just to be clear, clients A B and C have no issue in buying our torches should they wish to move forward. This strategy comes 110% from our desire to make more money; nothing else.
Hope that helps.
Peter