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Re: namtae post# 107877

Saturday, 05/23/2020 1:15:11 PM

Saturday, May 23, 2020 1:15:11 PM

Post# of 200584
For Q1 maybe so? Things started to really ramp up in March so we don't really know, other than Gary saying that they expected to be profitable in the month of March.

But for April and May? Consider that they transitioned to fluid production at the end of March and had doubled production capacity at the beginning of April. If what you are saying is true then you are suggesting that they sold less than 65,000 gallons in the whole month (assuming a wholesale price of $8 a gallon). That just doesn't seem to be an honest evaluation of the known factors.

And that doesn't even factor in equipment sales and leases, also had several new ones after the beginning of the year.