Quick answer and then back into my hole as well.
Sorry. I am not used to penny stocks. I own Berkshire for years
(not a great investment, by the way, but better than getting tech killed) and
am not used to pennies. Yes. I bought at starting at two and one half cents and ended buying at five and one half cents. I have a very substantial position.
My average is 3.5 cents. I bought this stock after FPL quoted me thirty seven thousand for a 35 KW generator system for my house and CPC quoted 24 thousand. Instead of the generator I bought my first CHDT and promised myself
that I'll come back and buy the generator with my CHDT profit.
When I said 2.5 million out of 4-5 million I was referring to the fact that they
get a forty percent down payment and the rest after the installation.
Many people sell generators, few have the service that you can get through CPC.
They have in house engineers, permitting people and a patented base for the generator that is not only low vibration but allows installation of the generator
with one visit. Without the base for the generator you have to build a concrete slab, let it harden and then install generator. They just hired the guy that did the largest propane gas installation in NYC. He will now be managing their propane tanks installations. Once installed, CPC will fill the propane tanks and service. Remember, these are 500-1000 gallon propane tanks. They are installing 150 a month.
ONE hurricane means 500 to 1000 gallons times ? 1000 installations times
? a dollar a gallon propane profit means a bonus per hurricane.
Once they install the generators they get the other 60 % of the fee.
They should hit "steady state" in terms of installations and full payments in the
third quarter- when they hopefully will post the tile profits too.
Thats where they should show the profit.
I know howard said one dollar a tile profit. I didn't want to say that in my post
because that would mean a 20-25 million dollar profit this year, a market cap
of 500 million, and 1-2 dollars per share eventual price. I believe that is what will happen. But I am in this for the haul and gain nothing by transient trading bumps so I minimize my estimates- and I feel like a total speculator stating I believe it can go up more than ten fold.
