Polar Power Inc (POLA): One plus to the Lindedin post is that th...

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southacresdave

Re: ebase22 post# 818

Monday, 06/03/2019 3:45:38 PM

Monday, June 03, 2019 3:45:38 PM

One plus to the Lindedin post is that the company is aware of the issue in shareholders/investors minds and was proactive in saying something about it. At first I thought it should have been a pr, but then, upon reflection, that would highlight the issue too much imo. Best to be subtle about it.

It does say that if/when/if there is news on the international front concerning signed contracts that there should be a pr asap. The company obviously put out the magnet statement as they are not happy with the share price. They will want to put out good news as quickly as they can going forward. The question comes down to "when".

I have not seen anything on Army SMET or Namibia. MTC of Namibia (the cell company POLA deals with) just did a public IPO in Namibia. It could be why the next round of contracts has been delayed. They obviously have 400+ towers that need to be built going forward and have been adamant about doing it as quickly as possible.