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Re: dweeb79 post# 8450

Wednesday, 05/17/2017 8:57:22 PM

Wednesday, May 17, 2017 8:57:22 PM

Post# of 13669
You forgot the second part of that statement. Q2 not looking good good. Might be a rocky ride.

"About 78% of the Q1 2017 backlog is attributed to projects for which we have not received a further deposit on our proprietary equipment and, as a result, there are potential risks of project cancellation or delays. Further, a substantial portion of our Q1 2017 backlog is not expected to be recognized as revenue until the second half of 2017."
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