The entire $EOSE company is based on what John Mahaz can deliver.
? 35% downtime to 10% in short order.
? Line 2...... 10,000 feet to 1,000 feet with less single potential points of failure in the line and with suppliers.
If he can achieve this I believe they can scale to lines 3 and 4. I think the demand is there for the product even with the poor Q4 results.
$EOSE GATING HURDLE - 61 Projects
John Mahaz (COO) Q3 Earnings Call
"We right now, just to take the material cost out, forget cost savings and what we're asking from the vendor. We have 61 different projects that we're doing right now to take the amount of parts that we have out. All of those projects will be closed before we execute two."
This is the hurdle - to me this is the biggest question we need to ask on the next earnings call. As, I'm super confident EOSE has the business/demand for their product. They just want the line completely dialed in before really ramping.
$EOSE Wow - when you factor in the double order the week before Thanksgiving, they've received this amount of felt for 8 weeks in a row.
This follows John M's talking point on the Q3 call -
"We hosted these suppliers in Turtle Creek a few weeks ago where we reviewed our capacity forecast and opportunity pipeline. As they ramp their production, they will have the ability to get more efficient and realize cost absorption."
EOSE is now ramped up with Line 1 in its current state. I believe if we see the felt orders go up before Line 2 it will be due to line efficiencies he's able to achieve.
@CUDOS_@NexusLabs Very cool technology... I have a question in the post it mentions $.02/hour but when I look at the May sales vs May Hours it's in the $.60/hour range?