$15 Million Dollar agreement has been signed between LGM, our subsidiary, and a company called "SOH," which is a boat cruise line in Jeju island, South Korea, as reported in the South Korean Press - Dated 04-17-2017 (I'm hoping news will be followed-up in English).
The contract is for 4 small sized (12-seater boats), 3 medium sized (20-seater boats), and 2 large sized (50-seater boats), this year alone.
"LGM and SOH plan to replace SOH's internal combustion engine ships (no info on how large SOH's fleet is or whether any further boats will be ordered) with electric ships at Jeju Udo island, a global tourist destination, to prevent polution of the marietime environment and to solve the fuel cost burden (as reported in the Korean news article)."
The article closes by stating, "In the second half of this year, there are other contracts announced already, and it is said that sales will start to take off in earnest (as we, on InvestorsHub have speculated)."
It's coming folks... At this pace, as long as the numbers reflect on the financial statements, our share price should be in VERY good shape, soon enough!!!!
