Polar Power Inc (POLA)

[ebase22]

So just listened to the call. And yeah, the last guy was great. Wish he had actually pressed even further.

But on the good news side. If they said they did 1.5-2 million in January, then that implies about 3 million per month for feb and mar. If this pace doesn’t pull back the they are already heading to 9-10 mill at least for q2. And If we can indeed trust that there operating expenses are going to trend flat for the rest of the year, even with a 31% gross margin, that means q2 would be 4-6 cents per share depending on tax expense realized over the quarter.

We could finally be moving into some bottom line improvement which hopefully starts getting this thing moving. And if they can hit their full $5 million per month capacity by end of the year, then well finally get some good numbers.

While I think there is still a trust issue, we may finally be turning the corner.