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beachbumjeremy

10/23/21 4:25 PM

#23372 RE: Mercutos #23365

Mercutos, one thing I don’t understand about this agreement. If SIRC has a $90mil deal to supply components for the work, but not do any work themselves, how is SIRC actually making money on this? SIRC does not actually manufacture any components, so are they being paid a fee as a middle man to procure the parts? Probably a better question for the Q&A, but to me it doesn’t seem like to be an opportunity/deal.