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Wednesday, August 05, 2020 2:31:56 PM
According to the 10Q its plain as day.
This route has already been attempted and debunked by others but for everyone new to the board here is the paragraph from the 10 Q.
(I highly encourage you to look at the entire document so you are informed when making your decisions and not just going off of a forum post https://www.sec.gov/Archives/edgar/data/1463208/000149315220012150/form10-q.htm - Enjoy).
Please stick to facts,
Approximately 74% of the Company’s approximately $32 million of revenue reported in its recent Form 10-K Annual Report for the calendar year ended December 31, 2019 was attributable to Prime EFS’s last-mile DSP business with Amazon. Even if it lost the Amazon last-mile business, the Company intends to generate significant revenues from its mid-mile and long-haul business. While a termination of the Amazon last-mile business will have a material adverse impact on the Company’s business, the Company will continue to: (i) seek to expand its last-mile business with other non-Amazon customers, which includes having recently begun making deliveries for one of the largest carriers in the world; (ii) explore other strategic relationships; and (iii) identify potential acquisition opportunities, while continuing to execute our restructuring plan, commenced in February 2020.
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