Polar Power Inc (POLA): "Reached a three-year commercial agreeme...

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Re: southacresdave post# 283

Monday, 04/02/2018 10:23:44 AM

Monday, April 02, 2018 10:23:44 AM

"Reached a three-year commercial agreement with U.S. Tier-1 wireless carrier customer

Q4-2017 –This customer generated 45% of net sales and in Q1-2018 = 3X Q4-2017 run rate"

45% of Q4 net sales is $1.8 million and 3X $1.8 is $5.4 million in Q1 net sales just from ATT alone. If so, and you assume the rest of their business stays at a flat $2.2 million in Q1 (same as Q4) then Q1 net sales would total $7.6 million.

Am I reading language and doing math correctly?

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