Well this is not fun to watch.

Heavily oversold and under value and in another short cycle. How many times have we had to endure this!! 

But I am, ultimately at peace with this investment.

The reason I say that is there is so much to look forward to.

I think there are 3 main catalysts coming our way that will course correct our SP appropriately.

First, the cash up we need. The are a few non dilutive levers the company can pull and I believe we will see that very, very soon.

Second, the China +1 JV that will be physically situated outside of China and we are told will be in the $60M USD + range.

Third, actual sales orders. This is the part that proves the company can sell, make and ship products off the production lines that we are told are ready for prime time.

If we can tick these boxes throughout Q4 we will be looking at a much better situation by the holiday season. 

I believe the above will happen.

Sales orders will start small in 2023 Q4 and high volume ramp will start in early 2024 and beyond.

In addition to the above, any new customer supply agreements will be a plus. CIOE was a resounding success so watch for more to come here.

There's no doubt in my mind this will play out well for us all.

Just have to let it unfold.

This is so cheap right now it is ridiculous.