Is your new (used) equipment sitting in an $80 a month storage unit over at Kennards? If so, I concede and you are right.
However, I know this not to be the case based on the February announcement, which stated that over the next 3-5 months the equipment was being packed and transported.
We are now 2 months removed from that announcement.
This process costs money.
We are within the 5 month (maximum) timeframe.
Magnis has not disclosed these costs. I’m willing to bet that by the time it is all said and done, it will be multiples of the $5 million you spent on the purchase. IMO, of course.
I know you truly believe deep down that you actually paid $5 million for $200 million in equipment. I know in your brain that is actually what happened.
Except it’s not.
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