Read the JV contract...all ECOS income from machines sales must remain in the JV (as ECOS's capital contribution) until after the first 8 machines are purchssed through the JV. That means no cash flow for ECOS from machines for quite awhile? The margin on the machines is only about $200,000 and that has to be split 50/50 with LRS. The ECOS gross on each machines is around $100,000?
Don't expect much in cash flow for 2017? 2018 JV profits won't even be calculated until Jan 2019.
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