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Wednesday, January 27, 2010 12:21:20 PM
Will this be a good investment, I think so, but do your own dd.
Market cap at 2 million with enterprise value close to 20 million.
At some point the MC will catch up if the backlog is real.
Depends on break even pt also -
I believe cost per unit was $3500. I don't know if that is cost of goods sold or retail. If retail then about 6000 units to reach 21 million.
The patents were for assembly process also, so they have worked out a mass production scenario. Could supply car dealers at some point I guess.
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