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Message: Q 3 Earnings call

I see Raymond James working today to dump the 100k shs they frantically bought yesterday. Results didn't quite send it to the moon as they and many had hope. At least not yet.

$30mil USD in orders just for Q3 is impressive for sure. Unfortunately, there've been too many passing Q's with disappointing revs leaving investors waiting and hoping that maybe, just maybe, the next Q will be the one that finally kickstarts consistent and growing $10-15mil Q's. The last 4-5 Q's have been disappointments with only $1.0-4.5mil in rev. Hopefully they hit the $10-12mil in Q4 as discussed because up to now, it's been a bunch of excuses why the numbers aren't growing as expected.

All the metrics are there, great product, impressive customer list, growing opportunities and as Raj mentioned, NO critical failure of the units which I think is a huge positive after 2-3 yrs in heavy duty service. He did mention the bus fires and how that can hold things back.

They say their current infrastructure can handle $60-70mil in sales. If so, let's start getting it out the door because backlogs are nice, but the market wants to see revs. And they didn't see them this Q, again.

 

 

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