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As usual, so much ambiguous info.

The $25mil PO backlog is awesome and probably much better than any of us expected to hear, but unfortunately, "it's the revenues stupid". Every Q there's an excuse and the revs they're posting so far, are disappointing considering they're so "successful" . And here we go again with the $27mil guidance walk done. They should have not said anything in the first place unless they planned to use it and felt there were plenty of excuses to fall back on in the end. Walking back rev guidance 2 yrs in a row is not good.

I just don't get it. All the talk of traction, building plants in the US, improving supply chains over the last few Q's and they still haven't gotten their schittt together with disappointing Q to Q revs.

And as far as the PO backlog, where did all that come from? We heard about $16.7mil in the last 3 annoucements, 10.7 + 3 + 3 (ballparking). Anything from 6 months ago should have been delivered by now so the difference has not been made known. Are these individual small orders they don't announce? 

Sorry ProsserP, I accept nothing at this point but increasing revs Q to Q. None of this bad Q'terly stuff and then 12 months later claim  how revs went up 200% from a lousy benchmark Q. Helll, they never should have gone done the guidance because they never follow through.

Like the "war" in Ukraine distracting you from the real issues, EFL wants to mesmerize you with the SS battery R&D. We need revs. That's it. Rev's and profit. 

I always sell some before Q'terly Reports because I know they'll never overachieve and will ultimately disappoint. They've used the term underpromise and over deliver but unfortunately, they've never been able to do it. Like watching paint dry with this company.  

 

 

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