RE:RE:FinancialsYea so lets say we "sell" the 180 million .. it will not account for "revenue" until the units are delivered and installed.. so what if it takes 2-3 years to deliver / install those units? Our "revenue" statements will not look like what has been expected by shareholders. That's why people (including myself) see it as misleading (hence the selloff the past 2 days). At the pace we're at right now... will our "revenue" account even break 8 million by Q4? Yes we are growing with production.. but what does it matter there's no labour and manpower to deliver and install? This is an issue that must be addressed by management. Growing pains maybe, but very frusterating.. Notice the market speaks through the selloff. I know i'm not alone, though am holding my shares
5thgears wrote: A slap in the face? Really?
Do you guys read info available to everyone?
Sales projection of 180 million is based on sales started in Q2...... not in Q1. Q1 is a bonus but it shows the profitability of 47% gross profit.
Please
We have gone to great extent to keep this very conservative, and kept stepping it down, and stepping it down, because the numbers get very staggering, but our expectation in the trucking market in the second quarter this year in North America we will be selling 3,000 units, the 3rd quarter is 6,000 units, and the 4th quarter is 12,000 units. Then we look at the other market, the refer market or the HG-2 market, our expectation are in the 3rd quarter of this year that we put 1,200 out in the market, and 3,000 in the 4th quarter. So if you add all those up, just at wholesale that equates to just shy of $180 million in sales this year."
Source : https://technologymarketwatch.com/dya.htm