Bollinger Innovations Inc (BINI)

[player1234]

Not completely true. The amendments are very recent and there was full knowledge of the RM deliveries.

Also, the $200m is the projected total of all deliveries over the timeframe of the order, not the value as of the end of March

I'm not saying they didn't recognize some revenue, which would be good. But it's not $200m. Also, there are contingencies in the contract that mean the company will have to list the revenue as deferred until the vehicles meet the conditions laid out in the contract. Deferred revenue is fine, even good if there is a constant revenue stream. But in this case, and with DM's reputation in taters, it won't be reflected in the share price until it becomes recognized revenue. IMO

Also, at around $10,000/van, they would have had to deliver, and sell through, 20,000 vans.