RE:Initial sale of units...The Dec 3, Quote also seem to indicate that the distributors has to buy first the units from Kontrol, before reselling the same units to the distributors customers.
Smart deal by Paul Ghezzi.
wildbird1 wrote: PressRelease Dec 3, 2020...
Kontrol said (Quote) " The company has commenced initial production of Biocloud units for delivery in approximately 5 to 6 weeks, initial delivery include "Sale of units to distributors and Kontrol customers" (End of Quote).
The big word here is ...Initial delivery include "Sale of units" to distributors and Kontrol customers. It does seem to imply that those units are already sold to distributors and customers.
In the Sept 10, 2020 PressRelease Kontrol said " Kontrol is planning for up to 20000 units per month (5000 a week).
In the Dec 3, 2020 Quote it does say that it will take 5 to 6 weeks for initial "Sale of Units" to be completed.
Let's cut the production by 50%, 2500 units a week = 15000 units already sold to distributors and customers.
Not bad for an initial "Sale of Units" to distributors and customers.