$20billion Opportunity Coming, page-27

In my opinion, this is a short term sell and a long term hold. My sentiment is for the upcoming period where there is a lot of uncertainty. Reporting and communication unclear and Breakeven which was supposed to be by Xmas will more than be mid next year.

I could be wrong which is why I hold a small 20k unit position. But I have sold 200k units between 118 and 123 over the last little while.

That ok with you?

Seems unless you are a massive cheerleader on here anything that is said is questioned so heavily.

If that quarterly was a good peice of work I would have bought back in but as I suspected the rollout both in WM and landing other T1's is slow.

The product is very good, but communication is poor, and mgt are biggest risk.

For instance, we have an amount of units that were shipped, sold. Why not state it? And why not state average price achieved? Why not give an update on production and strategy to ramp up?

No, instead they change currency, introduce new charts, leave out pertinent and important information etc.

You guys always ask me questions so let me ask you one. In the April investir presentation they said they were ranged in 5000 stores of which there are 1500 WM stores in this. Strip out the 1500 WM - So how can 3500 stores selling this product only generate 500k in sales revenue over all this time?

Certainly doesn't feel like a product that is going viral like it did in OZ.

One other question. What do you think "Estimated Retail Sales" means? Do you think the number is based on what they have shipped and are using it as a proxy? To me the word "estimated" opens this up to massive interpretation.

I reckon it means estimated sales revenue base in product they have shipped as there is no way WM or any other retailer will be sharing their revenue lines with Yow just so they can give us a chart.

Thoughts?