Would you know why they sold 1l for 9,400 USD instead of 20,000...

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cajgan

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21/03/17

11:24

Post #: 23505972
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Originally posted by Wise_One ↑

Its just a matter of time until the market has a light bulb moment on this one...

The listing was only 14-Feb so I dare say it hasn't had enough time to be digested in to the market.

I also think things will change very quickly. They're about to generate first revenues (USD 500k) next month on the back of their first order ... This is nothing to sneeze at given the product is more superior that the current liquid Allor uses.

Allor could commit to further monthly orders and my understanding is that Allor's monthly requirement is around 200L (4-times this initial order). So imagine that, we could have a USD$2m/Month customer right off the bat...

Most these other MM companies dream of generating revenue - ESE is actually doing it & is valued at a fraction of its peers.

Note that MM isn't the only application, it's only the tip of the iceberg.

Actually, the Allor contract is 'low hanging fruit' given it's supplying liquids to e-Cigs.

The newly appointed VP of Business Development (3-March) no doubt will have some serious connections where it matters & I have no doubt there are further distribution / sales agreements being negotiated as we speak given ESE's superior product in almost every way!

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Would you know why they sold 1l for 9,400 USD instead of 20,000 USD as it says in prospectus? I was trying to figure it out but it is hard to get any info on this...

Allor announcement before end of this week would give some fuel...

ESE Price at posting: 38.0¢ Sentiment: None Disclosure: Not Held
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Would you know why they sold 1l for 9,400 USD instead of 20,000...

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