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Wednesday, December 27, 2000 6:21:42 PM
Think hard. When you have a $9 million order at $349 each, then you have to manufacture at least 25,000 units at $80 manufacturing price. (I got all the above numbers from previous PR's and letters that were posted by SEVU). So, now you need a line of credit of minimum $2 million.
You are right, 90 days non-payments for parts are not a problem till you need to order more parts or other parts. So, we have a serious slow done on manufacturing.
But, you know what, from now on I will sit here and read your posts and wait till about middle of January when everyone will screem when SEVU will admit that production will not start in January nor in February.
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