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AG&E Holdings, Inc. Message Board

  • abettingman abettingman Apr 15, 2013 9:20 AM Flag

    35$ million

    what they dont tell u is that they get the servicing on the machines which is like an annuity and more profitable than the machines.

    What good is a PR agency if you dont give them the correct info.


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    • How much servicing is needed? The initial installs would be under warranty, so, you would likely have to move service revenues for these units out past the warranty period. Do you always see fit to wail on companys you are long in that are moving up?

    • I guess because the 35 million is a hard, fact based number that they can say with certainty. I guess they could have mentioned the servicing and the fact that there will be a lot more machines sold than the ones included in that 35 million that they have purchase orders for. There's still a lot of communities that are still voting on whether to allow the machines and a lot of establishments that are applying for the licenses but haven't yet received it. Its just more good news to come out in the future. A savings plan you might say.

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