InvestorsHub Logo
Followers 53
Posts 5304
Boards Moderated 1
Alias Born 01/01/2011

Re: mrchris post# 110291

Wednesday, 02/03/2021 2:41:13 PM

Wednesday, February 03, 2021 2:41:13 PM

Post# of 142767
Probably the biggest thing to keep in mind is that after spending over a year doing tests, getting certifications and other updates to open the plant after purchasing it (it sat idle for several years from the last company owners), INKW just started full operations the end of March, 2020. That's when COVID hit. Since then they've been steadily building their foundation to include deals with FEMA and the Federal government.

It takes time to secure deals too. My thought is Amazon put them on a trial period before opening up their full arsenal.

In six months if we hear of trucks going out to 25 - 30 distribution centers it will give us a better indication of how Amazon views their viability and market demand. It takes time to get there. Thankfully the company has been very transparent throughout the process which is a good thing.

I hope this is helpful.

-Jazz