Finally read transcript. Definitely needed an update to assess current market price and next 12 months performance. Future looking quite good as per CC.
I would have liked them to update the backlog$ but perhaps that's more difficult to do now with a big chunk of sales expected through OEM.
Bullish talking points,
- already purchased equipment from Michigan company for new line
- maintaining 2021 rev guidance at min $28mil USD
- increased staffing by 60-80%
- inquiries from MANY new companies around the world
- the UL certification is extremely hard to get and EFL may be the only supplier to have achieve
- talk of a big Board Listing.
I was happy to hear Sankar mention the share consolidation is by no means at the top of the list. Hopefully, they don't have to consider it but would like to have the option in their pocket. If they perfom well, they can get the SP high enough without it.
We are due for a big news release.