is that Hawthorne needs to deliver in Q3-4. The Future Tech deal looks to me like a late 2018 development considering they stated a 6 month ramp up AFTER Future Tech acquires their facility. Not holding my breath for the $2 M deposit, but that will signal if it's happening or not. We should know by the end of September.
The "pipeline" of design wins is waning, and that's on Hawthorne if you ask me. It may not be his fault but he is responsible for giving shareholders the time frames and the dollar amount expectations on those orders ($24M).
He still has plenty of time to deliver, as the rest of the story appears intact and we have no numbers out yet on Q3. Actually, if they get the Q2 backlog out, together with the Q3 expectations, they could redeem themselves, but they have yet to surprise on anything posiitive.
Crunch time is here and now.