Good: In a listing of "inventory", Finished Goods was at $2.06M worth of product. That's the highest it's been in 5 quarters (in comparison, after 2nd Q numbers last year (before the HUGE 3rd Q), it was $1.55M. After 3rd Q and 4th Q numbers (after the last two weak quarters), it was $970M and $1.1M
My conclusion from this small tidbit is that some portion of that $10M order they got from NY ED in February will be delivered in 2nd Q.
From my previous post, it looks like TELT is looking to acquire Smartcall UK. To do this will mean they need to get refinanced/raise capital. It will be interesting to see how that happens.
There is some complaint from 4 previous employees. Not sure what it's about and company wasn't even sure it was going to be an ongoing concern. Something to watch.
In April they did the GE/UTX Security trade in Las Vegas. This week they are doing the big NY Contractors show. They should definitely get business from this show.
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