Just in time. I have been holding since last October and significantly added to my position after the last conference call but when the end of the quarter hit last week with no news I was looking to dump. I actually placed sell orders twice. Glad I did not get my price. This should go a long way toward making the company profitable this year...one or two more decent contracts this year is all it should take. Plus, now that the company is solvent and has a big customer, other customers should be more comfortable with ABHD.
Lane Castleton CFO stated hat break even for Abtech would about one million in revenues per month. Twleve million is break even for a year. Anything more and Abtech is profitable. I think that with a few more contracts we are off to the races.
Yes, we got a contract. Outstanding one in fact......now let's see some more contracts/news over the next couple weeks. As some on here mentioned, this contract helped secure the favorable Dutchess terms. IMO, ABHD will move significantly higher today. GL, longs.