Capstone Green Energy Corp (fka CGRNQ)

[Love Me Do]

NO MENTION OF PERCENT MARGINS

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


Then, Just Like Always . . . WHAM !!!


JMO