Wolf Energy Services Inc (WOEN)

[stanley01]

WTFalias regarding sales amount and final payment

The initial order was for $2 million, but this price may have been increased as time went on. One thing for sure, you will see over 2 million in sales for the fourth quarter and a nice amount of profitability. Additionally, the customer deposit liability of 1.5 million will go away which will clean up the balance sheet. I’m guessing PG&E (the utility company) will pay a final cash payment north of 500k for the remainder of the cash balance they have not already made.