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Microcap & Penny Stocks : Quantum Fuel Sys (NAS.GM: QTWW)
QTWW 0.08010.0%Apr 8 5:00 PM EST
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From: Hawkmoon5/7/2014 9:47:32 AM
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So.. there will be NO loss of revenue for 2014 from Agility Fuel Systems.

The Company further stated in response to a recent announcement by Agility Fuel Systems, that Agility has an existing purchase order in place with the Company and both parties have communicated their intent to honor these arrangements and extend the purchase arrangement at least through December 31, 2014 to ensure uninterrupted deliveries to the existing customer base.

finance.yahoo.com

It's going to take Agility and Hexagon at least 9-12 months to locate, order the long-lead time equipment, install, and conduct test production at any new JV facility.

In the meantime, Agility STILL has customers to service and Hexagon may not have the additional capacity to meet Agility's needs until 2015.

So yea.. 2015 and beyond.. QTWW has to make up this expected future revenue shortage. But it's not an issue for 2014.

And certainly not worth the 50% haircut it took yesterday..

Hawk
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