Polar Power Inc (POLA)

[southacresdave]

ebase...Shawn is very much on top of the company and the markets available. I've corresponded with him by email before, but this was the first time by phone. I was impressed. He truly understands the value that could come from 5G worldwide. He also knows how frustrated investors are as it's too much talk about potential and not enough results. As he said, if they could sign just one international contract than it would do wonders for trust with this company and management. If you saw the latest institutional #s, they Perrit Capital Management (a microcap fund) sold 1/3rd their holdings in Q2. I mentioned this to him. He already knew it. He said the thought is they sold out part of their holdings as they grew tired of the international delays. It's why he said if the company can succeed there at any level to show it really can happen, then buyers may roll back in after that. That's why I made my comment about straw into gold in my other post if IR had something real to work with.

He did give an explanation on the cc call better. The big thing is that AT&T and T-mobile have been giving only limited visibility short-term lately. In other words, he said POLA could be offered a large contract 4 weeks from now and they wouldn't know it right now. However, long term the companies are giving good visibility on what they intend to do with backup power over the next 2-3 years. It's why the company said the story is sound long term, but how Q3 ends and Q4 starts is unsure.