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Re: Duke2484 post# 2395

Monday, 02/22/2016 2:40:49 PM

Monday, February 22, 2016 2:40:49 PM

Post# of 46079
Have you read the details on the original contract with MDI (which was extended)? ;)

There are some clues in there as to why additional funding won't be necessary to facilitate revenues related specifically to that contract alone (i.e., MDI covers any of their operating expenses required to fulfill their product orders).

This is why I limit my forecast to just the MDI revenues anticipated for the year - and state everything else as an extraneous bonus.

The profitability, per my posted analysis, is forecasted based just upon the MDI revenues; which have their operating costs covered via any necessary line of credit from MDI.

The stated need for additional funding is in regards to other aspects of the business such as, but not limited to, the solar division.

-Lord