Just look at yet another shameless "plug"/lie they call a P.R. issued 11days (<2weeks) ago:
"AmpliTech Reports ... Record Order Backlog of $3.4M Reflects Growing Demand for Industry-Leading Performance of its ...."
YEAH YEAH YEAH.... for 22 Years, record backlog EVERY QUARTER means almost every of 79 quarters or approx. 19years nothing gets out of shipping floor as it chronically lacked ability to assemble 60-85% of orders on TIME, & ships late/overdue so multiple: big government customers sonetimes cancel backlogged i.e. "stuck" orders, even formerly BIGGEST customer of all - GoI/MoD of Israel (Defense Ministry/Army of Isrsel) got pi***d off in the end & their main rep cried me a river in email
It's a small shop & a good one as such, OK, it made a few fantastic specs units equal to former MITEQ Inc, yet cheaper & for niche applications & unique Waveguide amps w/decent profit margin - nobody disputes this achievement, BUT bulk of it now is pretense w/ZERO or NEGATIVE "Profif" matgin it is afraid to admit reality - that it being on NASDAQ is a pumped, "stretchef by ears" presence. Look at B&Z Technologies (USA) & LowNoise Factory of Sweden & OMMIC of France, as comparison. Even basic amps like CIAOWireless Inc in California isn't too bad, yet volume is 10x+ higher, constant Profit despite 59-67 people in building, look at LUCIX co of Camarillo.CA - satellite/space LNAmps, Norden Millimeter, Eravant/Sage Millimeter - not much if any older (in years) than AmpliTech, but large Profits & no Pretense, no Stocks, no PR's, no bogus, just "real thing" shipping out of doors.
LuciX was in local Camarillo.CA newspaper, it had staggering 80%+ workforce of Engineers, very high ratio of degreed Engineers vs rest of workforce, multiple Clean rooms & yes I saw them in person, I was at Sage Millimeter/Eravant too, the guy ramped to $6Million revenue in 2 years & yet he still ate at McDonald's & drove a Honda car - no pretense. I was at RUAG Space.... LuciX may've changed after Mark (Shahriari, Iranian-born who made previous career at Hughes Space ?) retired & replaced by x-L3Narda top engineering exec (i spoke w/him too... by phone tho, unlike Mark in person in Camarillo), i mean... there's a ptoduct yet no pretense, AmpliTech however after 22 YEARs been pimping up pipedreams/PR's like a typical WallStreet schemer, tho Enron/WorldCom were bigger schemers [smirk smirk :)]
So... problem we have is blatant pumping in P.R., a pretence of being what it is NOT
Furthermore,
Fawad once said he wish could operate w/1-3 people (Ewa & bro ?) out of Basement of own house or Parkkng Lot & not have overhead of all these extra terrible people i.e. employees collecting salaries as people ar redundant overhead, REDUNDANT OVERHEAD, People ar mostly bad overhead .... for sure, a way to ship da** orders on time is without people, LOL !!!
I've seen the grin on the face of US Navy procuring official as he was exiting door & walking to his car definitely caused by what he saw in our building, I already knew we ain't getting that "half-$Million" order anticiated, competitors got it, Northtop Grumman /Cobham UAV program stopped talking to us seeing afew people nit-picking a couple 15-year old tech amps but claiming we "will exceed & bury L3Narda-Miteq alive"
I've seen the condescending look on Chinese Investors faces after they visited our bogus/improvised room labeled as "Hermetic Clean Room" while air compressor was in overdrive rumbling its noise thru dusty, crazy dusty warehouse & "Space-qualified Clean" Room was a few sheets separate/adjacent to kitchen & outside air door, one of the co-inhabitants frm 2nd floof, a former gangster & drug addict (whose hands were shaking) asked me whether room is 10K or 100K-class Clean, but i couldn't take my eyes off his SHAKING hands & wanted to ask him "you gonna help us buildLNAmpsa or go fishing salmon, under microscope ?", he went by a nickname "Carlos", just having the clown upstairs was upsetting me. No wonder Cuban-born " Carlos" accepted Islam from his boss's (our owners were all Muslims) as he knew he needed a massive fix-up of past sinful life, far-left liberal worshipping Obama & (very) younger women too,
OK why do I care to mention apparently irrelevant stuff? B/c it shows we needed $Money so much, we'd sub.lease 2nd floor attic to folks like "Carlos", as long as they pay. The kid from his 3-people group headed by Mr. Lake (Pakistani) was chain-smoking & threw cigarette butts right outside entrance door, it was a smelly pile, nobody liked it at doors of "soon-tobe-Space-qualified", defense/government-related co. Of this triad of "Carlos" & Lake & Kid, only Lake was a professional, smart & we had excellent understanding of each other, in some ways I admired his business focus (he moved out soon to Nassau county, closer to his customers) , but the other 2 were giving me negative vibes as to "where the **ll am I workkng, Walmart or Butcher shop ?"
Whatever. It was like School on the way to Real World/outside Long.Island.NY
P.P.S.
On the other hand, I ain't saint either - at some point in history, was addicted to playing music while generating CAD Drawings, just to mask up external noises but my musuc perhsps was an unusual undeserved perk but eventually i OFF'd it tho not without infecting newly hired girl drafter/junior mech engineer as after hearing my Doom, Progressive & Power Metal mixed w/Ambient & Classical Medieval & Baroque & Industrial Screams, she started her own Indian Trance/Dance, while immature & lethally -skinny/"bonez" secretary wore a Tshirt w/huge letters "I need a Boyfriend" & exhibiting obvious urge to get "owned" by some rich male species... it was akin to HighSchool environment, albeit nobody in assembly was High (except binge Coffee drinking)
AI
