Ann: Letter to Shareholders - October & November 2020 Results, page-25

Mike, No borders with u and me is there!! U only have 2 borders!

There is no question this will be a soft 4c. NO SUPPLY and NO AIRSTREAM. Its looking in the rear vision mirror.
Highly 4c likely out pre AGM, IMHO. Question is why they dropped this shareholder letter 70 mins prior the holiday break!!??

$6m for Oct and Nov, so Probably $9m for quarter, or so is my educated guess. Last year was $13.3m with -$1.1m EBITDA
I prefer $9m with less loss. @crazydave1942 might agree to something!!!

That is all in the past. Lets work on what todays shareholder letter means.

March 2020 +4.3, june +5.4m , Sept +7.7m ( with grants for covid ) and now prob $9m
Total in sales probably $25m
Subtract government money and Airstream in last quarter:

TOTAL with Gov assist $26.4m

NOW were told the orders in place are for more than the $26m less govt grants...Call it $24m
That means the first 3-6 months is between 200-400% larger than 2020.
Now finance is fixed, the revenue is coming. Profit is coming
Margin is growing to 36% with more manufacturers
Everything is well above management guidance!!