" We expect future revenues to consist primarily of product sales and turnkey projects. Our current customer backlog includes purchase orders to (1) supply a 1 MW ALTI-ESS energy storage system for a test of wind energy integration in Hawaii, (2) supply a 1 MW ALTI-ESS energy storage system for a test of solar energy integration in Hawaii, (3) supply a 1.8 MW ALTI-ESS energy storage system to an electric utility in New Jersey, (4) supply a 1.2 MW ALTI-ESS energy storage system to a wind turbine manufacturer for integration into their wind energy systems for testing in Europe, (5) supply a 2 MW ALTI-ESS energy storage system for integration with a solar energy system in Puerto Rico, (7) supply battery modules to an electric bus manufacturer, (8) supply Altair Power Rack systems to numerous integration firms, and (9) supply application kits to various OEMs for testing.""
What is not clear is if there is any positive margins associated with any of these?
Good morning Mr Tactful. I am sorry but I don't believe their (ALGI) words. Over the years they have been proven pipe dreams and in some case outright lies.
Look at their financial numbers and they once again tell the true ALGI story. They are not pretty.
Have a great day and of course good investing to you. Be very wary of ALGI as they are still another day closer to delisting.