Friday, June 18, 2021 2:03:41 PM
Earning will probably fall short of where people think they should, if the $10M projection is to come to pass. On the other hand, just the fact that they're out should be viewed as a positive.
Frankly I believe the company is making all sorts of deals that will pay off in time, but perhaps not until the 3rd or 4th quarter, and beyond. I believe that a $.5 million first quarter would not preclude finishing the year with $10 million or more.
For bulk users of HOCL, I suspect that if we're either supplying product, or equipment to make that product, the price needs to be in line with competitive equipment, that's under $1 a gallon. I'm fine with that where companies in petroleum or agriculture are using tens to hundreds of millions of gallons annually. I suspect that over time the cost per gallon in other applications will drop as usage increases dramatically as well, that can prove to be fine as long as usage is going into the billions of gallons a year. How would you like to have a penny for every gallon of Chlorox that's sold, I believe we have that sort of potential.
Right now, our Annihilyzer system for hospitals is a state of the art system for sanitizing virtually everywhere, it can still bring a premium price. As many other uses are identified, lower prices, but far greater production may keep raising revenue, and in time profit.
Gary
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