From what I've read, there are several coating agreements in place, aggregating over $20M annually. However, as the company has stated from their PR's, and from what I know about the hurricane situation for their domestic plant, they got a little behind during the third quarter. Now they have completed the opening of the Chinese production facility. They have successfully completed the training of sales and marketing representatives from several Chinese companies. And they have completed renovation of their domestic production facility after the hurricane in September. It's my understanding they were without power for three weeks or so in September alone. So, for the fourth quarter, some production (ie. sales) should materialize. My comments in my previous post simply referred to new opportunities that are probably being developed in the month of November and hopefully subsequent purchase orders in December or January. So, we are not talking about six or eight months into the future any more. We are talking about PO's and production ramping up now and really moving ahead next month and the first quarter of next year. Hey, they could easily get to $20M annually next year, possibly $50M in 2010 and $100M in 2011. Now as we all know, they will need some additional capital to achieve 2010 and for sure 2011. But my quess is that with orders, capital will come. Investors are looking for this type of growth opportunity to regain value in their portfolios.
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