RE:Initial orders I think you have misinterpreted the wording. I believe the reference for what has been recently provided is the quote and not the delivery of torches that were purchased. We shall see what will pan out. Client A is most advanced, so we will see the order size. Client B sounds like McW approach that you start small. But the small start could be the initial trial and then if the client is pleased, there is a more aggressive replacement in one plant or across plants. Unfortunately I have a stock where even though a multi-plant client is happy with the purchases in some plants, it does not translate into replacing all the equipment quickly in those plants or rolling out across others. All depends who is calling the shots for these plants. Effectively HQ huncho or plant or regional managers - makes a big difference as to speed of adoption.
OTChawk wrote: Nov. 12 Update:
"Client B has finalized their modelling contract, and like Client A, has moved to contract negotiations and requested a quote for an initial order of four torches which we have recently provided."
So, client b has requested a quote for an initial order which have been provided by Pyrogenesis. I would assume that Client B has bought (not leased) those torches and it will show on Q4 earnings. I would also assume that the order is initial and there will be a bigger order in the future.
Those small initial orders favor Bob's statements (sad but true). I hope that those bigger orders would follow asap, if not, well.. Uncelron wouldn't be happy (or right).