DCM,
Show was good. I was amazed that Echo won the Green Award again. This was good for them. Hopefully it will bring more awareness to the company.
Had a good talk with the VP of Marketing/BD. She confirmed that they have purchase orders in hand for the 2014 units (no number of units given) - yes could be a low number as alluded to on this board. She could/would not confirm when we will see this revenue reflected in the financials. I think GAAP requires them to show this as a sale in the quarter that the PO was received. Perhaps we will see this reflected in the 2013 10-K that should be out soon.
She also showed me the REMY motor that Echo has co-designed with REMY. What I did not realize is that ECHO owns the rights to this motor and will be able to sell it to others that want to use it. This is a whole new revenue stream for Echo. This is good.
I asked about the loan that was taken back in Jan 2013 that had really bad terms. She could not address this issue and recommended that I address it to their media company. The media company will then work the answer with the HQs guys in Arizona.
Again, overall I feel the show was a big success for Echo.
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