RE:It's January 10th18 months from begining of production so add at least 6 months for design so two years ( 3 with their track record)
The profits from this will cover one month...now what ?
I for one find it strange that a company would pay 2.2 million deposit prior to a design .
BUT it will pump it up a dime or more today..jump in jump out ,...
tamaracktop wrote: $3.8 million in revenues coming in the next year-and-a-half.
REVENUES !
"This first system is contracted at approximately $6MM, not including ongoing after-sales support of an indeterminate amount. This contract includes a first payment of approx. $2.2MM. The first payment has been received. "
It's January 10th
There have been 5 business days in the year so far.
The $2.2 million initial payment will likely be included in Q4 revenues when they're announced.
Don't get all excited.
The market will blow this off.