Ann: Corporate Presentation, page-48

  1. 2,981 Posts.
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    it is concerning that already Justin is pointing to the next shiny new thing and the realtek chips before actually bedding down sales.
    they have $1 million dollars worth of unsold stock I hope they are pro ready to be sold and not max. Equally the 2 million in components I hope are for the pro and not max. For all those who keep commenting we shouldn't look back but move forward this is exactly the reason you do. The strategy always was sell max for revenue to fund pros. They haven't been able to do this and it looks like they are left with a lot of unused inventory. If they had of been able to sell it there is 3 mill more cash that would have reduced the cash flow issues.
    but Justin would have you believe that we don't need to worry because the company will sell the pro but they are essentially the same form as max which they were unable to sell.
    and this is the issue with all the pos theorists. Doesn't matter how many pos you are in if you can't move the product it's irrelevant. Which brings me to another issue, how are they going to service the apparent 10000 pos? They don't have the cash or the inventory to sell. They haven't the cash to advertise which they were effective at for a while.
    i reckon one thing juliem has right is the potential realtek/Nuheara chip sales may be the saviour. Royalty payments have little outlay!!!

 
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