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Tuesday, June 04, 2019 8:16:54 PM
"We'd like to see our stock value increased too and we'd like to let's just say be comfortable that the investment that we made in international markets over the past two years payoff. Now, of course we have the confidence that they will or else we would shut down operations a while ago but our biggest problem is to sometimes and overconfidence in our sales directors overseas and then two the naturals delays that customers actually signing the contract that they promised to us. So these contracts without exaggeration going to start appearing next week or maybe get delayed as much as two months from now. We're going to day-to-day on looking and trying to close the three contracts in the Southeast Asia and Africa."
ME---I get the impression here that they are just as frustrated in delays as everyone else, but that they truly believe that they will happen.
"these international customers, because the revenue per site so high with these Tier 1 carriers around the world, even though they're price-sensitive. Now there we're building sell-sites from the ground up, there we’re providing hybrid systems, complete solar hybrid systems, as opposed to just selling a generator. So you're talking about revenues which are 4 times to 8 times the size of what they're getting here from Verizon or an AT&T."
ME---This response was the CEO making a point on margins. In doing so, imo, he wants to emphasize the size of orders they are looking at to everyone. Again, it doesn't come across as b.s. It comes across as what they are looking at in getting contracts signed.
"Okay. At what point is the international sales will be 25% of our sales was that the question? Okay. I'd have to do some math on that, but I'm just going to throughout a reasonable guess. In my view towards the end of this year."
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