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Message: Quarter 1 Revenue increased for 2021

They are definitely staying conservative in their outlook. Given their history of overpromising and under-delivering, that's probably a good thing.

Only one questioner on the call, key takeaways from Richard's answers:

- Staying with guidance for +$28 million (US) for the year. This is a doubling over last year's $14.5 (US). This quarter is a tripling over last year's 1st quarter results. Expecting significant year-over-year growth.

- Raymond agreement became active only in January. New sales staff just added.

- Have considerable scalability within the current production system. Currently running 1 (or 2) lines in a single shift, can move to 2 or 3 shifts if needed, can also increase number of lines. No concern about capacity limitation in 2021.

- Waltzed around the e-bus question. The expect increased demand but no report of orders for e-busses or electric trucks. Both markets are still "nascent."

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