Added $15+ million a year in recurring Revenue from BP and over $5 million recurring Revenue from TS. That's over $20 million a year or $5 million per quarter. Recurring revenue, understand? That's not 1 quarter. Also saving over $15 million a year currently due to lay offs, termination. That's over $3.8 million per quarter. That's an $8.8 million minimum per quarter turn around. They are going to be adding revenue quarterly on a regular basis due to maintenance and service contracts. Let's just guess $1 million per quarter for an average #, or let's make it $.7 million so we have a round $9.5 million turn around. We have averaged a loss of $12 million per quarter. That's a $2.5 million loss per quarter without adding any sales or licensing (ie: $10 million from Exxonmobil). That doesn't include adding any other Revenue either, ie: more PPA's, like Tulare Biomat (2nd Project for Tulare waste water) or Bolthouse Farms (3rd project for Campbell's soup). Tulare should be done before December 9, and Bolthouse Farms should be done by end of Q4 (October 31). Tulare is 2.8 MW and Bolthouse is 5 MW. That's 7.8 MW or let's say at least $8 million per year or $2 million per quarter. Now, that means we are around $.5 million per quarter off but again, that's recurring Revenue, not accounting for increasing service or maintenance income, or sales or licensing. The US Navy project in Groton will be completed by end of Q1. That's 7.4 MW or at least $7.5 million per year or $1.9 million per quarter. That's profitable on recurring revenue alone. Be real, talk facts not BS. Now, nay Sayers will say but who's going to make the fuel cells. They have inventory already made for Campbell's and Groton. Units only need to be installed. Once the get a large investor or large contract the will begin hiring and ramping up. That process should not have any significant impact on profit, because as the naysayers have stated in the past, that process takes time. Should have Groton done long before ramping to 55MW. LIPA 7.4 MW and Derby 14.8 MW next in line. Anyone waiting til mid December to go long loses out on at least 300% profit (possibly 600%). Anyone waiting til Campbell's is done definitely loses out on more than 1,000%, possibly 2,000 (depends on Exxonmobil, Toyota, Hyundai and S. Korea). Oh, did I forget to mention Toyota will complete the most technologically advanced green technology in commercial operations. That will be a cash deal! When profitability is obvious, you are way too late and miss at least 2,000% profit and possibly up to 12,000%. Let's see where we are on August 12 and September 10 (Q3 Earnings and CC)
