Hmmmm. Some encouraging news as the company continues to add talent and get their production facility up and running. That being said it now sounds like any production out of Buffalo won't occur until Q3 (IMO). Zero mention of heat pumps or charging stations production or deployments.
The status of COR is vry concerning (IMO). Product is clearly not ready. "More testing" is the go-to line for the inability of this team to get the product market ready. I think the batteries are being made in China which certainly slows the process down. All prior projections of COR's readiness for market can be flushed down the toilet IMO.
We'll be relying on traditional cover sales for most of the year (again IMO). That being, the team is indeed getting bigger, so expenditures are rising. Without meaningful sales I think we're staring at another capital raise late this year or early next year (just a guess) ...makes sense though.
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