Re: Analysis of the current 10-Q……….discussion with Robert Putnam
in response to
by
posted on
Aug 25, 2007 10:37AM
manufacturing entities"unfilled purchase orders ($1.9 million) "
customers "order backlog($2.7 million) "$703,000 Customer Deposits"
" Each customer agreement may require a deposit while others may not."
hence, the reason for the note from ASI Capital Corporation for 750k due Sept.
While others may not require the deposit, as a customer, do they make up the difference(interest and service fees) for the secured liability on the note?
IMO...The way I see it, there not exactly a customer yet and we have to foot the bill for trial units.
"Robert indicated a high probability of new orders with delivery dates this fiscal year."
In reading Pellegrini's comments, I can beleive it...
Thanks Richardo...very good
doni