CCLTF FAQ - given all the uncertainty I was expecting some sort of hedging of management bets. But they seem gung ho - I hope they are represtentative of the Chinese building industry.
I will listen again to the CC but on first pass through I got... FAQ As follows.
FAQ
What is breakdown of building in Tier 1 vs Tier 2 & 3 tier 40% of building capacity tier 2 to 3 is 60% of building capacity
- ASP between Tier 1 and Tier2&3 About the same.
- Your strong in tier 2 & tier 3 over Tier 1? Yes.
- Does that reflect historical trends? 2 to 3 years ago we sold more to Tier 1 but seeing how things were going they started to sell more to tier 2 and 3.
- Sales and Marketing - will that increase with the production expansion Didn't understand
- Tender offer for the warrants? Looking at structure but they werent forthcoming
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