Polar Power Inc (POLA)

[southacresdave]

I will readily admit I'm growing negative. Arthur talked about how important this software application was for international sales on the cc call and highlighted when it'd debuting (last week at DSEI show). Yet there was no pr or even photo of the booth on Linkedin. How valuable is it then? I somehow doubt it's going to make a difference vs the need to lower costs. The problem with that is then margins drop. There was a time when they were projecting 40%+ margins, then solidifying at 35% margins, in Q1 cc call Arthur was talking 30% margins internationally if the deals are large enough. Now he's saying that "if they could do $100M/year in sales they could match A/C generator prices". What do they need to be now to get contracts signed?

I'd love for them to get a large contract and push the volume up a lot and the stock up with it. I'd liquidate at this point and take a certain % loss and balance it against gains and call it a learned lesson. Namely management is key no matter how high of quality of product or how big the opportunities seem.