RE:RE:RE:RE:RE:LOI is an LOI A comment or two. You're not wrong about tech margins in general. But to produce the product to fulfill a $400K order, if this is for the new new chip, would require large capital expenditures. They would far outweigh the revenue generated. Production alone on such a small volume would be exorbitant. As for financing the I’m not sure why you think the Canadian govt is going to back a deal. Yfi is a decade old public company with no track record. Hardly the kind of company the govt is about to support.
RobJob wrote: For a small order I think if down the road they met everything they needed to if they had a PO in hand anybody would finance that with the Canadian government. I'm not playing any games. I'll go with that. I don't know what the margins are here, 30%? 40%? This is not a low margin industry. It's just extremely high risk and only a few people or companies control market.
antler
I login directly through my email though, so maybe that's got something to do with it. I think the company needs money, but they've already announced something that indicates to me cooperation with CMC Romont, and this innovation IRA fund. The company is this far along. I think the juice is worth the squeeze. I'll take that.bet.