InvestorsHub Logo

alkalinesolution1

06/22/17 12:18 AM

#40661 RE: Smile AOT Works #40660

The Kinder margins were worse than the TransCanada ones

I expect that when they go mass manufacture they may be able to get the cost per AOT down to $150,000 or so (I'm making up the number - I have clue what it will cost). The Transcanada prototype cost slightly over $1m - for a skid of four. The Kinder build itself cost nearly $500,000, I assume because that was including re-engineering costs and more.

Selling a device that costs 150k to manufacture at 1.2m is an amazing margin. Especially if QSEP can charge for installation and maintenance.

mr_sano

06/22/17 11:59 AM

#40664 RE: Smile AOT Works #40660

All this talk of margin but the basic cost of goods manufactured is not reported and if you factor in development it would destroy any notion of a fat margin. Just more speculation. Besides look at the R& D shrink and liabilities exploded. From 2013-2016 R&D expense was something like 3.75 M but accounts payable has soared so while they reporting spending all this money on research the truth is that up to this point a big chunk of it is Temples license and research grant...which have largely not been paid and frankly are worthless agreements.