Does anybody know how much PIE will receive on average per webphone?
If it's $5000, then for the $100m in revenue to be met in 2 years, 20,000 webphones would need to be sold.
A couple of further questions:
How many sites actually are there? What is PIE's expected market capture within 2 years?
I do like the idea of repeat revenue from software upgrades and support. However, I'm far from convinced at the moment that the webphone market is such a big market? When it comes to inventions, it tend to be the ubiquitous technologies that are the money spinners. Webphones?
As for management claims, I post on a different sub $30m market cap stock who's celebrity chairman is claiming will make the world a better place and generate explosive growth in the hundreds of millions of dollars per vertical(target sector), and there are literally dozens of these verticals.
So that means tens of billions of dollars in revenue! I'm still sceptical until some runs are scored (and so is the market...or just hasn't noticed) but it just goes to show that it doesn't really matter what the company says until there is SOLID evidence of market traction.
NWZ Price at posting:
2.1¢ Sentiment: None Disclosure: Not Held
