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Re: Jersey Dude post# 5817

Friday, 01/20/2012 9:50:59 AM

Friday, January 20, 2012 9:50:59 AM

Post# of 6256
Speaking of "Phase Two", there is an interview with CEO Bill Schmitz in this morning's Rochester Democrat & Chronicle in which Schmitz says he is "certain a second contract would follow to start producing the units for testing in the field. At that point the company...could consider expanding its staff of 15." So, not only is he "certain" of at least a second contract this also bodes well for the job expansion needed to possibly tap into those County funding opportunities. Seems like a lot of what they have been saying is coming to fruition, just with some unexpected and frustrating lag time. In the interview Schmitz also talks about the potential of these units "replacing thousands if not tens of thousands of diesel generators out in the field." That sounds like a potentially massive market.