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es1

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es1

Re: Jonnyo07 post# 88027

Wednesday, 01/28/2015 5:04:55 PM

Wednesday, January 28, 2015 5:04:55 PM

Post# of 281327
I would expect no revs at all. I would doubt anyone does.
We do not (at the moment) charge warwick mills.
When WM approves the production of their product (whatever it is) and the first shipment is sent will be the first quarter that would provide an income.
That contract would be something an 8k would be issued for. The income for that contract would be reported in the next 10Q.

IMO the PR that hints at an income on will come from warwick announcing a contrct for something that our silk will be used for. Our silk may not be mentioned and probably wont be.
When they begin to produce that product and we ship the first batch of MS to WM to be used in that product is when we will get our PR.

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