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Tuesday, October 27, 2020 5:31:01 PM
Any orders will be ramping up so a full 3 month impact is questionable.
The money from building rental and cash investment doesn't matter at all. LQMT is not a rental business nor are they a capital investment company. The number we are looking for will come from the product(s) currently under commercialization. I have no idea what that number is, but if it is less than $500k for the quarter, I'm going to jump out of my ground floor window. (I won't be able to afford the medical bills incurred by jumping off my roof).
![smile](/images/emoticon01.gif)
Based on conversations I had with the former CEO, my understanding is that, in general*, there is a hefty profit margin involved with LQMT parts, and management specifically characterized this recurrent order as being one of volume. So while I'm just guessing, like everyone else, I think $500k for the quarter is a low ball number. But if you are a betting man, bet against me, because I am almost always wrong when I try to guess what this company is up to.
* However, in this particular case, they may have cut a sweetheart deal with the customer in question just to get their first volume recurring order. But with Lugee in charge, that's doubtful.
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