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Friday, January 06, 2012 10:34:47 PM
My main concern is we have only had 9 million in revenue with a projection of up to 11 million in the past.
How in the world can you bid 130 million of contracts when your only probably realistically capable of 30 million, and that's guessing way high on that estimate.
More storage more production equals more expenses.
There is a white paper from 2007 details that the companies expect to get about 1 of 5 bids.
I don't think the numbers ad up in the end. Now if the bid is 50 million over 5 years, which includes 10 different RFQs well that would make sense.
The quotes on the RFQs for bids and total amount of the quotes do not make any sense.
Your making widgets, your capable of making 50 widgets an hour. You put in 3 lines and make 150 per hour. You cut expenses and increase productivity. Based on MWWC numbers they would then be capable of 600 per hour. Even using a best case scenario, I don't think they are capable of reaching a 20 percent rate of the RFQ dollar figure or the RFQ quote figure.
I want this to work, but don't blow smoke..
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