RE:RE:RE:RE:RE:RE:FinancialsWe both have money on this company.. We'll let the financials do the talking. There are clearly communication issues with this argument and it's going nowhere, so ill end it at this. I was personally frusterated with the Q1 results, however will continue to hold as this company has a bright future ahead. Fingers crossed Q2 is as promising as Payne and the management has promised.
P.S. whoever the other guy with the poor attempt at trash talking.. Bring some real discussion to the table, or go jump off a bridge (particularly a high one).
5thgears wrote: What part of my explanation you do not understand MiikeD? It is up to you if you do not believe about what CEO mentionned to us. It was pretty clear for me.
The company informed to everyone.... with public info that their sales forecast for Q2 is 3000 units. They even mentionned that they are currently a production of 1500 unit per month!!!
Read yourself from info transcribed for Jay Taylor analysism!
''..and is expecting to ramp production up with capacity, near-term the Company is targeting a 6,000 units per month run rate, and is currently at near 1,500 units.''
and
'' but our expectation in the trucking market in the second quarter this year in North America we will be selling 3,000 units''
About the 700 units sold announced on march the 28th..... well, this means that they did have time to produce 485 units, shipped, install it and get the complete payment in three days! It just common sense and do not need more explanation. The good things is revenu from these units sold will be transferred in Q2 and will bring more fireworks to earning. You should be looking for Q2 earning. Q1 was just a transition for a start-up.... really things are in the work RIGHT NOW!!!