Harrison Vickers & Waterman Inc (HVCW)

[tigerpac]

A lot of assumptions being made in that potential revenue number.

1. CEO says he hopes to do 5000 installations in 2023. One poster used $39,000 per installation ( a previous Bobby T estimate for jobs being quoted earlier this year) and everybody else ran with it like it was gospel.

What happens if it’s only $25K? Seems that one needs to dig and find out total installations per quarter and model based upon it.

2. LOI for a Texas solar company with $40 million sales. Bobby T could have been including that $40 mil in his 2023 estimated number. Of course the crowd decided immediately that it was “in addition” to that figure because ‘why not’.

3. Company still can’t turn a profit on sales because it gross margins are so low. It’s not like this is a no competition business. I believe that competition is going to slash prices in order to get the job and margins are going to remain below 10% for foreseeable future.

Yes, most folks are just chasing profits by throwing money at it and have no clue about the company (and frankly could care less about financials). And that is what the OTC is about. Frenzy.

But if you actually care about what you own then it’s worth doing the real research and asking the questions…..but most won’t.