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mcsharkey

08/17/17 10:41 PM

#47761 RE: houtheman #47760

I don't think it's backtracking on the $1.5 mil in quarterly recurring earnings being stated as an amalgamation Houtheman. Went over it several times with Sanjay. It seemingly aligns to the annual cotton sales being $6 mil (4 × 1.5 = 6).

Sanjay emphatically said the recurring earnings of $1.5 million noted at our earnings conference was derived from multiple accounts. I'll tie this in better. Himsingta is really going to be our sole cotton client with locked in annual sales premiums guaranteed.

Crashing out as I text from bed.

Want to touch on some other stuff briefly, don't mean to drag this out. Scandanavian car sale + insurance reduction with joy juice purchase unique to Scandanavia, not being replicated elsewhere. Evidently, dealer relationships to insurers in Sweden let's this model work there.

We are bulding a multi-customer base with Certain Teed label and Himsyngta brands will be carrying our seal. We're aligned to trade groups by having direct customers belonging to the consortium (e.g. Better Cotton Initiatice, rPET trade groues, etc. These are building our momentum. Wasn't able to get a promise on our first profitable quarter.

On profitability of pilots, mostly negligible, several non-gratis with the compelling argument of requiring the company to ahhh own this customer in our wallat.

And.... more to come.
Good night Moon;)

Foose

08/18/17 12:24 AM

#47762 RE: houtheman #47760

When on the call did he say this? Csn you point me to that part in the transcript? Thanks.