STAK's subsidiary signed a non-binding letter about possible generator purchases, but no purchase is confirmed. Delivery, acceptance, and separate contracts are still needed, so the news does not change STAK's outlook.
The proposal points to a possible new line of business, but it creates no confirmed sales today. Any later purchases need separate contracts, and the first equipment must be delivered and accepted before further phases proceed.
Follow STAK Inc. (STAK) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for STAK