Comment by 15Stanmoreon Dec 15, 2024 9:34pm

18 Views
Post# 36363503
RE:RE:Growth of PLAN core business volume to $40m
RE:RE:Growth of PLAN core business volume to $40mThe $40 million figure was offered as a production capacity that would be feasible using the existing plant and adding capital investments in automation/robotics, starting with those products/production lines where sales are already limited by capacity constraints. I appreciate that having the capacity does not mean that $40 million in sales will immediately occur.
What this does allow is the potential for an internally financed growth path to doubling current top line sales that can be implemented in a step by step fashion, growing shareholder value without dilution. This makes a great deal of common sense and I strongly support this strategy. It also offers quarter by quarter tangible evidence of the management team meeting the strategic objectives and reducing the negative impact when we get half million dollar writeoffs of past investment decisions which have failed miserably.