TTC,Well, kind of... but, no.I doubt the company would be...

TTC,
Well, kind of... but, no.

I doubt the company would be PROFITABLE whilst it ran it's first box. I don't think the company would make a profit, technically or otherwise.

This is because I think it would need more than one box to pay regulatory fees, director wages, employee wages, etc... Personally, I would envision them needing several boxes.

Let alone the additional costs with the first box: ie, testing / studying it.

So, I guess that means that there is a good chance that they will have to raise capital to buy further boxes...

So, how many boxes would they need to be profitable? I have no idea, but, a number such as 10 may be somewhat in the ball park?

I completely pulled that out... yes... but.

They are $2-$2.5M each, right? So, need at least $20M to buy boxes to become profitable (assuming you need 10 for ERJ to be profitable)....

That's a lot of capital that needs to be raised for such a small company....

Having said that, I'll spend a couple of hours researching this, and want to put $1,000 in later today.