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Re: thelionwarrior post# 8045

Friday, 07/12/2019 10:31:42 PM

Friday, July 12, 2019 10:31:42 PM

Post# of 8328
Here's the issue as I am seeing it: Production numbers count, but, we haven't seen them. Revere Plastics, the partner of RGSE for the Powerhouse 3.0 solar shingles production, has stated it can produce 3,000 Powerhouse 3.0 solar shingles a day, which would be great, and a good start, but here's a point to ponder: in the May 15, 2019 RGSE business report- the delivered, installed, and completed Powerhouse revenue was stated as about $22,000, and this revenue was stated as about $44,000 in the June 17, 2019 RGSE update. RGSE said earlier that one Powerhouse system would cost about $22,000. Therefore, can an inference be drawn, that three Powerhouse 3.0 solar shingle systems are "in the books", after the first six months of production? So, while the number of "sales orders with deposits" is growing, can the main question asked be this: how many solar shingles are being produced daily?

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