So they won the Tender in May to print and deliver a fire door at 86K for which am assuming the payment was included into July-Sepy quarter. The April-June quarter revenue was only 96k therefore am hoping 86 of that wasn't this door....surely
Ascent Tooling quoted at 100 per year x 150K so lets say they did at least one of those.
So theres 230K
JL stated that Bureau was booked up for the 3 month period. The above 2 projects even if they took a week leaves another 11 weeks of production...correct?
So while 500k seems to be an ok base I would say it should easily be eclipsed if what we have been told is reality..!!!!
My goodness the snare drums are rolling at my place this morning....
This Fan boy is nervous.....
Ann: Ceasing to be a substantial holder, page-13
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