Polar Power Inc (POLA)

[southacresdave]

There just are no buyers on the ask right now (again). Beyond frustrating as I had hoped this was all behind shareholders.

If you read the cc call, they mention they have 400 of the new Toyota NG engines in inventory. They are waiting for international orders to sell them now or EPA certification (4-9 weeks from when call was) to sell domestically. They obviously are expecting good things here. You figure at $7.3M in Q1, that probably less than 600 generators in total sold so they expect to do stronger sales with the new product line.

News we are hoping for soon:

1. Army SMET news on what is happening there. POLA may not put out a pr, but we will get a better idea of what's going on here soon.

2. International contracts. In the cc call transcript it says they are waiting on 3 contracts. However, if you listen to the call he actually says 13. Something needs to come here soon.

3. Domestic residential partnerships announced with LPG/NG distributors.

4. POLA getting their short-term bank line of credit established in case they need to borrow against Tier 1 accounts receivables. That should just be a SEC filing update.