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Thursday, November 14, 2019 1:35:06 PM
We received a purchase order from a utility company for a wastewater system that includes multiple V-Inline Separators. The customer has paid multiple deposits in 2018 and during the first nine months of 2019 totaling approximately $1.5 million that is reflected on our balance sheet as “Deposits from customers” at September 30, 2019. Due to customer delays, the project has been extended beyond the September 21, 2018 due date. We anticipate delivering this system by the first quarter of 2020.
A big win today for irony and sarcasm!
Now we need to hear about a large new order flow and we can return to double digits.
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