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Re: Mrblabla post# 125032

Friday, 08/14/2020 4:27:10 PM

Friday, August 14, 2020 4:27:10 PM

Post# of 200576
How is it possible there was only $272k revenue here when apparently things got ramped up in March to the extent that they could not fill the orders they were getting for fluids?... What do they sell their fluids for? Do the math...

Even if one was to assume they sell their fluids for $8/gal that is only 34k gallons sold IF they only collected revenues from fluids and there was no revenue collected from the systems... Apparently they had capacity to produce 10k gallons per day... Yet they spent money to open more production facilities and only show enough revenue for at the very most 30k gallons in the 1Q? This is utterly absurd and I'm pretty disappointed I followed this thing so long. I will see what the 2Q holds because at this point why sell the company is growing and expanding and making money... But they really played us with those PRs back in March and April and anyone who denies that is just fooling themselves and trying to maintain the PPS for now.