RE:RE:RE:RE:Profit margin on the $130,000I think we should look at investing or trading rationally. We used facts and information to form our believe and make an investing or trading decision based on that.
From the news released, it seems they have formed a Joint Venture, which will help them scalling their production:
NIAGARA FALLS, ON / ACCESSWIRE / July 30, 2020 / EnerDynamic Hybrid Technologies Corp. (TSXV:EHT) ("EHT") is very pleased to provide an update on initiatives with its Puerto Rico JV partner, Brieke Family Assets Ltd ("BFA"), and their jointly-owned subsidiary, Cat5 Solar and Microgrids LLC (the "JV")
The JV is now positioned with the new Brevet Puerto Rico credit line in place to firm up orders from contractors that the JV has been in negotiating with over the last months. It will also allow the JV to ramp up its sales force to maximize its product sales to as many of the 40,000 homes that are in the first allocation released as reasonably practicable.
And the previous news released mentioned about earning revenue this year:
John Gamble, EHT's Chief Executive Officer, commented: "We are very pleased that Brevet has agreed to become our financing partner on this important project. This agreement now will get our Puerto Rico project moving immediately, we will have products ready for sale within 90 days and see revenue in this year, major step forward."
And it seems they utilize local crew to help constructions:
The EHT advanced ENERTEC Modular Wall and Roof System uses a proprietary skin and foam core that is stronger and more energy efficient than traditional wood or steel structures providing the highest ratings for energy efficiency. EHT works with its partners worldwide to erect the buildings on-site utilizing EHT staff and local crews. After installation, each structure can be furnished and finished to meet the customer's requirements including siding, tile, kitchens and bathrooms or segregated commercial rooms. The finished wall product can be shipped on pallets and delivered via rail, truck or water in standard formats.