RE:RE:Disappointing... While there are unique concerns taking place:
1. No interim financials by June 29th for the first time in 8 years.
2. No word yet on the 100,000 AcuVid test kits by today.
It would take a 1 million test kit order to match the DME Authority purchase agreement. As I mentioned yesterday and will add today Venowave is all over the DME website in spite of the fact they are distributors of other products. To have an initial purchase order of 5000 units and an obvious energy connected to that agreement is beyond significant.
Also, the fact that financials, AcuVid and the Venowave agreement have all converged at the same time has had THRM management burning the midnight candle. I'm not making excuses just proposing some rationale for the current situation.
GLTE .....holding patiently and purposefully. The rewards for that are starting to come to fruition!!!
mooseslayer wrote: I expect that it will be the next NR. It mentions they must meet test results...check... and that production levels are met and delivered during June 2021. That is the part we don't know. Did they produce and deliver the 100K units. The company really needs to give some guidance on final design of the product and production level capabilities and facilities.