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Monday, May 18, 2020 5:17:06 PM
I'm sure they will be using LQMT to produce their parts, because I know for a fact that LQMT was able to manufacture the CoNextions part at a 1/3 cost savings compared to what CoNextions was paying to have the part made out of surgical grade stainless steel via CNC. I also know that the 1/3 cost reduction included "a nice profit margin" for LQMT. However, I have no idea what the part will cost CoNextions nor do I know what LQMT's profit margin will be.
The CoNextions business will represent only a small revenue stream. But in spite of all the talk about whales - and other fish stories that produce zero revenue - CoNextions (drip), Martin Guitar (drip), and Zyris (drip) produce revenues. Enough drops and you wind up with a torrent. And small contracts are just a prelude of bigger things to come.
Thanks again for the info.
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