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Re: skepticone post# 1313

Thursday, 02/18/2016 9:50:26 AM

Thursday, February 18, 2016 9:50:26 AM

Post# of 6602
I'm not sure whether it's a good thing or a bad thing they don't say how much they plan to get payed for the 18 month project. I guess it doesn't really matter if the army decides to place a massive order. In both the RE2 article and in this PR, there is a lot of talk about testing for large production orders.

Ekso Bionics will engage Under Armour as a subcontractor in the third phase of the program to test the system’s durability and ability to be manufactured at scale, and support beta testing of the suit at the Army Research Laboratory Human Research and Engineering Directorate at the Aberdeen Proving Ground, Md.

(I inserted the bold text into the quote above)

Maybe they honestly don't know how much they will get payed, perhaps it depends on results. In any case, it will reflect upon the EPS for Q1 2016 - so I guess we will find out in due time.

Holding EKSO long.

BTW, hoping to close up 5 cents today. Only up 2.5 now, but I think more people will hear about this news as the day goes on. Too bad the market isn't doing well today in general.
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