Warren Kruger: A high level, I would anticipate we will do that. We will beat that number. We — I will say I’ve never had as much in our pipeline in terms of sales opportunity since in the last 20 years. It’s very encouraging. My belief and what I’ve told our folks is, we’ve got to fill, we’ve gotten get to that a $100 million mark, and the only way to do that is fill equipment. And so as I said, there was a time when we didn’t have this new equipment that we were laying off, and we really weren’t just beating the bushes, we were paying down debt before we did our big capital push and brought in a new machinery. Now is the time and there the purse strings have opened up a little bit. Last year they started opening up and it really — 1st of ’23, they started opening up.
And I’m very encouraged about and not just small things, big opportunities that we have and big opportunities with existing customers also. So, I would say that on the sales front, look for us to continue to diversify and look for us to continue to work with existing customers, to grow with existing customers.
Unidentified Analyst: And actually, this very, very last probably, and just maybe you can comment on the NASDAQ listing. Is that something that you guys kind of see as imminent this year or early next year?
Warren Kruger: I would — we continue to — and that’s may be something I should turn over to Bill. Bill has worked with our legal team to determine the correct route and timing for us too. We do know that there are so many investment firms that can’t buy a dime of our stock because we’re on the OTC and that limits us. But we also realize that we have to continue to perform and we need to continue to grow. And so that’s what we want to do is continue to perform, continue to do, to make money and in the meantime, look at the best way for our shareholders to enjoy the benefits of that growth.
Bill Rahhal: And Warren, this is Bill and I would add to that. This is not a short-term process to be able to automatically jump to another exchange. It needs to be a well-thought out process to be able to do that so that when you do that, you’ve done it for the benefit of your investors and going forward, so that you’ve been able to prove something that you are a company that needs to be there. And so that’s sort of the process that we’re working through right now to be able to schedule these things need to happen. We need to get our sales out, as Warren talked about. We need to get our earnings per share back up. We need to get sales continue to grow. So they’re just different factors. And then we also need to look at, how do we get there, and how soon do we do plan to do that, and how do we — so there’s just — right now, the Board, along with Warren, we’re looking trying to schedule all of these things out so that we can do them in an orderly fashion and get them done so that it’s in the best interest of our investors as well as for the company.
Operator: We’ll take our next question from [Richard Walker].
Unidentified Analyst : Thanks for taking my call. Nice quarter, guys. If I could, I’d like you to expand a little bit on what you were just talking about. You answered questions on sales growth potential in the future, which is great. Gross margins, they did go up to 23%, which is fantastic, but most of that was due to lower raw material costs, which obviously you do not control. As your sales expand and you utilize these machines more effectively and efficiently, can you expect an increase in gross margin? And can you ballpark any kind of number on that?
