Sep. 9 at 9:45 PM
$MIND - So upon further digestion of the E/R this Q2 remains strong and I agree with Rob's sentiments in general. What the Capt'n gleans through the smoke is this nugget from Capps ....."Although our reported backlog, consisting of firm orders for which we have purchase orders or contracts in hand, declined as of the end of the quarter, our pipeline of prospects remains strong. We believe the receipt of specific orders that will restore our backlog to a level comparable to that as of the end of the first quarter which was
$21.1 million is imminent. So when you factor that they have orders in hand to restore the
$21 m backlog from todays
$12.3 m backlog then that means they have
$9 -
$10 million sitting on the books waiting a PO. That's pretty good Rob. So folks that likely means we will see a couple of
$4 and
$5 million orders come through in the coming weeks and that will stabilize the share price or may pop it. All in all if this occurs hopefully one of those orders (more)-->
