"I love the technology", Daymak's CEO Aldo Baiocchi stated about EV Battery Tech's technology. "From the Smart Wall to the specialized BMS with their battery packs, they are perfect for our current products and some of the projects we hope to announce soon."
Hmmmm....current projects the 20 million in product sales they do currently.
Projects they hope to announce soon, Terra, Foras, Tectus, Aspero, Spiritus, Skyrider.
So when you say (Empress) Might, it has to do with legal forward looking statements.
Full disclosure, as I know you only want to provide one side with your "expect"
Daymak has the right seek an alternative quote if Daymak and EV Battery tech cannot agree on commercial terms, however EV Battery Tech will still have the right of first refusal to match the commercial terms of any competing bid for the supply of such systems.
This is why they have to say "expect" but since the CEO "loves the technology" I don't really see this as a problem.