(Total Views: 72)
Posted On: 03/16/2018 12:50:35 PM
Post# of 40991
Why would a company that is selling product thru the roof all of sudden need to start asking domestic customers for cash in advance?
Cash flow issues?
Based upon the last quarter "sales" there was very little re-ordering going on. Steve is implying that Q ending 4/30/18 sales should be in the neighborhood of $4MM for new contract and reorders.
Still very little to no fleet sales. No international sales. What happened to that large Google South America deal and The Kia/Hyundai deal in South Korea last year?
There are a lot of holes here that you can drive a truck thru. But many here are distracted by the "revenue" figures.
Gotta look at the entire picture imo.
Cash flow issues?
Based upon the last quarter "sales" there was very little re-ordering going on. Steve is implying that Q ending 4/30/18 sales should be in the neighborhood of $4MM for new contract and reorders.
Still very little to no fleet sales. No international sales. What happened to that large Google South America deal and The Kia/Hyundai deal in South Korea last year?
There are a lot of holes here that you can drive a truck thru. But many here are distracted by the "revenue" figures.
Gotta look at the entire picture imo.
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