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Thursday, 12/03/2020 1:28:35 PM

Thursday, December 03, 2020 1:28:35 PM

Post# of 72938
$ALPP Who missed this?!? Or better yet, who really understands this?!? Other than me, lol!

We may be hearing sometime REAL soon that we've got additional building construction/maintenance contracts of 10's of millions of dollars for 2021 over this year. This is spelled out CLEARLY in the "500% increase in bids totaling over $100M" (note, an increase in bids should presumably result in a proportionate increase in awards and therefore REVENUE). This could EASILY double the entire corporate income or better, alone! This is IN ADDITION to the HUMONGOUS bolster that we shareholders will see from the pending reverse triangular merger with Impossible Aerospace Corp due to close on 12/10 (just one week from today)!!!!

FIRST - yesterday's PR - I wonder how many folks passing by this stock have a clue how HUGE this news is:
https://www.accesswire.com/619150/Excel-Fabrication-an-Alpine-4-Technologies-Ltd-ALPP-Subsidiary-Is-Now-A-Supplier-For-Varco-Pruden-Buildings-Inc-Swelling-Bid-Work-In-Excess-Of-100M

Excel Fabrication, an Alpine 4 Technologies, Ltd. (ALPP) Subsidiary, Is Now A Supplier For Varco Pruden Buildings, Inc., Swelling Bid Work In Excess Of $100M+
Wednesday, December 2, 2020 8:30 AM

In this press release:

Kent Wilson, CEO of Alpine 4, had this to say, "I must emphasis how big of a deal this is for Excel and A4 Constructions Services, Inc., and we are very pleased to partner with Varco Pruden Buildings as our sole source of steel building offerings. In the past, we offered a disjointed network of suppliers to our client base. Having one supplier with a larger range of product offerings allows us a competitive advantage on several fronts. First, we can be agile in how we plan and spec our building processes. Second, uniformity makes way for fewer construction-related mistakes that kill profitability. Finally, being a part of the Varco Pruden Buildings network allows us to be more efficient with our time and allows us to speed up job completion without sacrificing quality. It's important to point out that over the past month, as we have begun to incorporate Varco Pruden Buildings into our bidding process, our job bidding has swelled to over $100 million. This is a 500% increase over our job bidding prior to being in their network. This is solely related to the strong name recognition and branding of Varco Pruden Buildings."



Here is the announcement of our acquisition of Excel Fabrication earlier this year -

Excel Fabrication, LLC Acquisition Press Release:
https://www.prnewswire.com/news-releases/alpine-4-technologies-ltd-alpp-acquires-excel-fabrication-llc-301009626.html

About Excel Fabrication, LLC: Excel was founded in 2008, and is located in Twin Falls, ID. Excel has grown into a company [b[with revenues in excess of $8.5m and serves the western United States. Its capabilities include a vast amount of fieldwork experience, including new fabrication, design-build, installation, repairs, service, maintenance, and turn arounds. Excel is a very diverse company, with customers such as; Idaho Power, Chobani, Kraft Foods, and many others.



Here's the short video explaining about Excel Fabrication, by our CEO:
Excel Fabrication Intro Video:


In the Feb 24, 2020 press release, our CEO, Kent B. Wilson says:

"I have been searching for a company like Excel Fabrication since our founding. Companies like Excel that provide industrial services to its customers, tend to be very recession resilient, and I believe that Excel will play a pivotal role in our A4 Construction Services holding portfolio. I also believe that Excel has the DNA to become a national based company and could easily grow its revenue to $100m US annually. We are very excited about adding Excel to our family of companies!"



So... with original revenue of $8.5M for 2019 (as indicated in the acquisition announcement above)... we should - or at least very well COULD - see a 5x increase, which means a total of 6x of the original $8.5M.

In layman's terms, potentially in excess of $50M in revenues JUST from Excel Fabrication, LLC next year... AWESOME to be an ALPP shareholder.
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