Replies to post #1728 on Amplitech Group Inc (AMPG)

[OBrien]

So I guess the 24% decline is for the 9 months.
I thought $500k was a bit high with no word of orders.

[OBrien]

Seems they are betting big on these new products for large customers...

"Sales decreased by $328,427 or approximately 23.9%, when comparing sales for the nine months ended September 30, 2017 of $1,044,056 to sales for the nine months ended September 30, 2016 of $1,372,527. These results were impacted by the shift in new product demand. The company’s backlog of new orders required new engineering design and additional research and development. These new products are geared towards larger commercial markets to yield much higher revenue in the future."