WEMU cc supplement:
Notes from someone on Yahoo message board:
- Q1 is slowest month with March being the only normal shipping month.
- Most customers don’t like to place orders for January deliver in solar business.
- February is a big holiday season in China, which means factory closings.
- March is the only normal shipping month.
- $80mm sales for 2009 with 3-digit revenue and earnings growth.
- Looking to enter the U.S. market with solar products by Q3 2009.
- Update PR with concrete plan coming soon.
- CFO and CEO in close communication with Nasdaq and believe that all conditions are all met. NASD to complete due diligence process soon in CEO’s opinion.
- Meeting with Nasdaq next week inWashington.
- Completing due diligence process.
- Completed relatively soon, but up to Nasdaq.
- Order base of $52 million backlog in 2009 for solar business plus, 37% increase in contract manufacturing business in April over April alone.
- Improvement in 18.5% Q1 gross margins – 20-21% range for improvement in gross margins, but subject to change on many factors.
- Anticipates positive cash flows by year-end.
- Cap-ex for 2009 forecast… can’t speculate.
- Presenter at World Expo Shanghai in 2010.
- 62% of business comes from solar in Q1 2009. No major concentration.
Titan Beyond the Rings of Saturn 
AI
