NUH Action Group, page-59

How do they offset their "large loss" ? This looks like a sunk cost fallacy situation
They need to sink at least another $10mln -$15mln if not much more into it but they are in a much worse position , no gen4 product, no chip, the max and HP pro are not selling they are essentailly obsolete and out dated
They have already sunk at least $36mln that is before any new investment. So they will end up towards $50mln
They have managed to wrangle the IP via some interesting legal moves regarding the doca, but they are in an terrible position
What I dont understand is why didnt they do a deal with Realtek, split revenue as per Realteks offer , keep the entity listed. With Realtek in control they would of had a ready product to go or at the very least white label. Let Realtek worry about the monetisation, they have a track record.
Instead they got back into bed with Miller a guy who has never been able to produce and drunk his kool aid.