BK Technologies Corporation (AMEX:BKTI) Q2 2023 Earnings Call Transcript

John Suzuki: We are. In fact, actually we received an order from our first reseller. So this is a fairly large dealer in the United States who looks at this service and approached us about reselling InteropONE. And so since then, we’ve actually had a couple other inquiries. I find that specifically encouraging, right? Because these guys are really close to the users in these different communities. And the fact that they see value in reselling this service I think is very encouraging.

Orin Hirschman: But do they have an end customer and they’re just taking it on hoping to find an end customer?

John Suzuki: Yes, they have a number of end customers. So they’re a fairly large reseller of land mobile radio. They do service for this customer base. And so, what they see is the service has value and they want to be able to resell that service to their end customers.

Orin Hirschman: But my question is, have any of their end customers actually expressed, signed on with them where they went through with the actual, just where they just —

John Suzuki: Oh, sorry, you were — yes, my understanding is yes.

Orin Hirschman: Okay. That’s definitely a positive trend. And just like, just go on the wire again, for the alternative assessments here that even taking a loss on it, cash would be better kept in your pocket and it would be less confusing. Our investment community, I am liquidating that investment or swapping it back for BKI shares would be accretive to you?

Scott Malmanger: Yes, sir, we continue to evaluate our investment.

Orin Hirschman: Okay. Thanks.

John Suzuki: Thank you, Orin.

Operator: There are no further questions in the queue. At this time, I would like to turn the call back over to the hosts for any closing remarks they may have.

John Suzuki: Thank you, Mike. Thank you all for participating in today’s call. We look forward to speaking with you again when we report our Q3. All the best to you and have a great day.

Operator: This concludes today’s conference and you may disconnect your lines at this time. Thank you for your participation.