Polar Power Inc (POLA)

[southacresdave]

I agree the expansion of opportunities is growing. No doubt. But ebase makes a good point---their margins need to reverse asap to get money to the bottom line.

The key is the new leased facility. They say in their IR slides (for whatever that is worth) that the current facilities can handle $50M in annual revenue (slide 23 of April presentation). Will the new area add to it? Or is this just planning/hoping, but not sure? I was on cc call and was going to ask it on the Q&A, but they didn't bring me on. Maybe it was because they ran out of time or because I was late in hitting *1.

For me anyways, doubts about management will continue until they prove themselves in revenue and net income.

I'm not selling. I just don't know if I'd be buying at this point. Maybe institutions will see the big longer picture. Maybe Roth Capital will upgrade them on potential. Glad to see him back on the cc call.