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As far as I'm concerned the next few months will tell the tale. They stated in the Feb. conference call they would max out production by late 2016 or early 2017. For that to happen there would have to some major announcements very soon. They are far from maxing out production but at the same time a major order from a large customer could do that instantly. One of the things that baffles me is the utilities space, last may they stated that they had a potential pipeline to deliver over 45 million in utilities in the next 12 months (so that time has passed). They keep mentioning that both utilities and emobility are very strong and yet we have almost nothing to show for it. They have definitely laid the groundwork with many new products: Transportable energy storage and Mwh storage containers, Intelligent energy storage systems, Litacell, Litacore, forklift and bus systems as well as auto systems. Large orders could come in very quickly. We know that their products are being tested all over the world but so far no major orders. In the conference call Richard Halka stated that the contracts lay out the order size but not the timing of the delivery so the monetary value is still there for the two large orders it is just the delivery timing to be settled and they said that would be taken care of this quarter. I'm pretty sure the large German order was from Leclanche and they are expanding into North America and are hoping to install more than 100 MWH of storage systems in 2017. For the revenue to increase at the level they have suggested things will have to start ramping up very soon. Based on their hiring over the past year they do appear to be ramping up for major business increase. We will know one way or another soon, we are already half way through Q3. http://www.leclanche.com/fileadmin/user_upload/20160504_en_final__agm_shareholders_approval.pdf

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