Are They Still Operating At Neg Percent ? Breakdown Between Product And Service ?
REVENUES DO NOT IMPRESS ME There were two previous orders with ambiguous commissioning dates that I spread out over a few Quarters :
ORDER #1 APR 4 2016 --- 2 MW's OF 6 MW ORDER Expected In Three Phases Starting Jan 2017 So I Had To Spread These Out : 2 MW's for this Q4 4 MW's in next Q1 (But probably into Q4 too)
ORDER #2 APR 11 2016 --- 2 MW's OF 8.0 MW ORDER Expected To Start Around Jan 2017 So I Had To Spread This Out Too : 2 MW's for this Q4 2 MW's in next Q1 (But probably into Q4 too) 2 MW'S in next Q2 (Have to adjust into Q1) 2 MW'S in next Q3 (Have to adjust into Q2)
MY Q4 ESTIMATE WAS OFF BY 6 MW's Q4 = 9MW Product + $7M Service = $16M Est 16 MW's - Verses 22 MW's From PR
SO WHAT HAPPENED TO MY ESTIMATES So all 6 MW's out of the 6 MW Order #1 were commissioned in this Q4, instead of the 2MW's that I estimated for this Quarter. So that may account for an extra 4 MW's.
And 4 MW's out of the 8 MW Order #2 were commissioned in this Q4, instead of the 2MW's that I estimated for this Quarter. So that may account for the other 2 MW's.
Which Then Equals The Missing 6 MW's
WHAT DOES THIS MEAN This means that I now have to subtract 6 MW's from future Quarters. Therefore, REDUCING those revenues estimates.
Future Revenues Will Now Be 6 MW's Less
WATCH OUT NOW DON'T LET THIS FOOL YOU THAT THEY WON'T SPRING A DILUTIVE EQUITY PACKAGE ON YOU . . . BECAUSE THINGS ARE STILL THE SAME
THEY CAN ONLY ATTEMPT TO DO IT IF THINGS ONLY "APPEAR" TO BE GETTING BETTER
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