Friday, May 24, 2019 4:41:48 PM
I think there were more issues with the DOD than capacity...I have no clue what the DOD thinks of ds2 but I don't see a contract...my best guess is they like the product and hate the company..the problem wasn't just capacity...the problem was over promising, and just plain shoddy, slow work..
Polartec is a very small private company...they have gone bk 3 times and got bought by venture capital and are now for sale for $200 mil...
that aint much..$200 mil?..thats it?..for the whole company?..nike has a market cap of $103 bil..
Polartec has a list of 100 companies they do business with...they include just about every branch of the military, nike, adidas, Patagonia, etc...
just how much business are they really doing with these businesses if the whole company is worth only $200 mil?..
I think the Polartec deal is nice...but it aint all that everyone thinks it is..and we don't even know what the deal entails but so many seem to think its a gift from the heavens...its not...its just ok..
polartec is a good first partner if we are going to start out real slow and stay very small for quite a while..
sure we could hit a dollar and that's great..but we will need much more than polartec…
if we get a multimillion dollar contract with the army, independent of polartec, that would be great..
we are going to need a BIG name, a big company if you want big dollars..and we are going to need to start cranking out tonnage with consistency as well...
and kim will have to start talking like a ceo who knows what he is doing..stop the bs..he is this stocks worst enemy..
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