I think you need to read the press release on EP again, they have been supplying them product for 6 months.
Currently there are 2 depots up and running, the EP contract may put those 2 depots at full capacity.
It is only smart to add depots as contracts are signed.
Where are you getting the idea that it takes more than 6 months to open a depot?
Not true a depot can be opened just as soon as contracts are signed. Also they could be sharing the cost of opening a depot with current or future customers.
The production issues are resolved, all they need to drive the business is more contracts. And now with the new hires that have a proven reputation, I see them hitting many milestones, in the near term. My opinion on near term is less than 6 months.
Yes this can move fast if revenue comes in the near term.
This stock is undervalued IMO.
With oil prices low, that even creates more demand for customers to cut costs. This came from the CEO on the last presentation.
Risk to reward ratio here is improving with each customer.
If I didn't own so much, I would be backing up the truck at theses prices.
This new team is on top of things, there will be no delays in opening depots as contracts are signed.
As it relates to copy cats, with all of our products sealed with patents, let them try to copy it and you will see some big lawsuits that will be awarded to IEVM.
By the way both the CEO and CFO are attorneys, they know what they are doing, so copy cats will be eliminated as fast as they start problems.
Sorry for the lengthy post, but this is a no brainer IMO.
