10-Q (2nd quarter) Let's see if the Company is
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Posted On: 08/14/2018 5:42:05 PM
10-Q (2nd quarter)
Let's see if the Company is able to secure some of the developmental engagements it's been working on. From the sounds of it, should be an important 2nd half of the year:
Key Excerpt from 10-Q (page 11): During the second quarter of 2018, we generated business from our existing aerospace and automotive customer-base by providing contract services and thermal solution products. We continue to make progress with establishing the production of Internal Short Circuit (“ISC”) devices which were licensed from NASA and National Renewable Energy Laboratory (“NREL”) in the first quarter of 2018. Although no assurances can be made, we expect to generate revenue from the sale of ISC devices in the second half of 2018. In addition, we expect some of our current design engagements with potential customers in aerospace, defense and battery storage products to reach early production in the second half of 2018 and into 2019. However, no assurances can be made that such design engagements will result in production agreements or purchase orders.
Source: https://www.otcmarkets.com/filing/html?id=129...qio8zcGZ3h
Let's see if the Company is able to secure some of the developmental engagements it's been working on. From the sounds of it, should be an important 2nd half of the year:
Key Excerpt from 10-Q (page 11): During the second quarter of 2018, we generated business from our existing aerospace and automotive customer-base by providing contract services and thermal solution products. We continue to make progress with establishing the production of Internal Short Circuit (“ISC”) devices which were licensed from NASA and National Renewable Energy Laboratory (“NREL”) in the first quarter of 2018. Although no assurances can be made, we expect to generate revenue from the sale of ISC devices in the second half of 2018. In addition, we expect some of our current design engagements with potential customers in aerospace, defense and battery storage products to reach early production in the second half of 2018 and into 2019. However, no assurances can be made that such design engagements will result in production agreements or purchase orders.
Source: https://www.otcmarkets.com/filing/html?id=129...qio8zcGZ3h
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