That news re 3000 boosts in 6 weeks...is and I'm trying to keep a lid on it...impressive IMO
Consider:
- No OTC registration yet
- Effective but fairly minimal exposure to market via net
- No idea what 2nd run size might be/i.e. line capacity 3k/5k/10k?
- Just raised 6mill so well cashed up
- No new news re B&M other than we're up towards the 2K rather than 1.5K
- No news re IQ buds sales
- Pre-orders Lives no news
- Expectations re volume Lives no news other than Force is Oz main distributor
- Tech in Lives way ahead of upscaled Airpods and maybe 12 months ahead of them hitting market
- Confirmed major existing market focus North America/EU/ME and commencing push into Asian market
Been here for over a year now so have a pretty decent grip of the stock's rythym (very important for me). Always been confident in the Co maily because BOD inspires confidence in me...(which is just about impossible quite truthfully) and the concept of the Co's intelligent hearing strikes me as becoming an ubiquitous part of our lives with NUH at the forefront of quality (despite constricted resources we can pump into marketing currently but absolutely best bang for buck imaginable). Not so confident in some of it's investors at times but that's this end of the market.
I believe we are well out of the woods and on to the clear path now and that growth or adoption by the market is not going to prove any problem. Gains from this point forward may blow way beyond even the most optimistic expectations we have. The register feels much tighter and will only get better once break even is confirmed...hard to imagine we aren't close or beyond that point off the back of the presentation and expecting the next level of rerate is close at hand. Had a very strong sense that Justin was barely able to contain his glee...great sign in and of itself. Also surprised he gave numbers...the guy never gives numbers.
Was particularly interested in the demographics he was talking about...the age breakdowns/targets for the individual products and it seemed he was very pleased that the stats supported their vision (important point).
Have a very decent core holding and been happy to sit on it. Only speaking for myself but given overall progress and many of the points above thinking it's time to start building my position further...instinct or whatever...is telling me next 12 months are going to be big and I'm not going to have the chance of picking these up at these prices for much longer. That inflection point on the J curve feels fast approaching and those on the sidelines aren't going to need much more of a prod to do same.
Just a view.
