Harrison Vickers & Waterman Inc (HVCW)

[kingbee]

I don't know the correct answer, but there is no way that this company has the money to self finance the leases. If there was 10 million in sales, then there is a third party leasing company. If that is the case, then the leasing company is buying the cash flow at a discount.

I am not taking sides here, but I believe a competent sales firm could book 10 million in residential solar panel sales given there is zero upfront cost to the customer. I guess I will find out on the call what percentage of each sale the company is able to keep.

...and if the percentage of the sale is of any significance, this market cap is way too low.