Polar Power Inc (POLA)

[southacresdave]

Wadirum1....they were their typical selves on the cc call. However, here are some of the highlights:

--they are starting a second production line next week to deal with orders.

---They wouldn't give the name, but the 3 year deal with the U.S. Tier 1 company is obviously AT&T. It puts them in good position to benefit nicely from Firstnet. They are already getting orders at a higher level then then have been told to expect.

---The soon to be signed other 3 year deal with the other U.S. Tier 1 company is T-mobile then (who has demoed a unit for 6 months now). Again, orders will be ongoing weekly/monthly.

---The orders with Nimibia and Sri Lanka are 2-3 year ongoing deals with set terms that will produce so many units/month over the contract. Nimibia is part of a "whole tower" order so they are just part of it. The one in Sri Lanka is with the 7th largest telecom company in the world.

---FEMA order should be coming in 2Q that they are subcontracting on. Other military contracts expanding and opportunities arising.

---They are finalists in other big international orders. Also, demoing units in Japan and Malaysia. They expect Australia to be big going forward---second only to U.S.and is why they are opening up an administrative office there.

The reality is this stock doesn't get exciting until they do $10M/qtr. I think by Q3 with the signed contracts they have + one more large international order (S. Africa, Australia, etc???) they could potentially get there. All of this just builds into 2019 then as these orders are all multi-year.