InvestorsHub Logo
icon url

DriftinWayOfLife

07/17/15 11:19 AM

#36018 RE: HAWKS022 #36015

Hawk, exactly my expectation. I believe that the order will predate the receipt of revenue. I expect that FAA approval is very near for the LEAP engine or GE would not have announced that they anticipate delivery in mid 2016. That is not a distant time.

I would expect that there would be some short time frame for payment following delivery of the PrintRite hardware/software package, just as SGLB made payment to EOS after delivery of the printer. The order for PrintRite would have to predate the delivery. Because PrintRite is a technology needed for qualification of parts, it is a part of the production process. Only after the FAA approval is given will production kick into high gear. For a mid 2016 delivery I would think that the component parts would have to rolling in Q! 2016.

patience and GLTA