CEA Industries Inc. (CEAD)

[goodgodyall]

Third Q bookings appeared to be negligible. RSX Enterprises, founded a year and a half ago by a board member, has not delivered on the 18 month sales cycle outlined previously.

Third Q booking conversions were favorable. However, no sales entering pipeline in third q is alarming. 4th Q needs to show massive improvement or more dilution will follow.

Only hope is this from conference call transcript:

In October, we signed a contract with one of Merida's Connecticut-based clients to provide a suite of HVA systems that include our EnviroPro Air Handlers as well as heat recovery fan coils, dehumidifiers and circulating fans. Our partnership with Merida has quickly materialized with new business, and we look forward to continue growing this relationship as it presents a high-quality, high conversion sales channel for our business.