OAK 0.00% 6.2¢ oakridge international limited

Ann: Lenze IPark 20 Million Order, page-33

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  1. 162 Posts.
    Don't worry Gravity, he's just one of the "not held" brigade. This is a great announcement that secures the near future from a financial standpoint. Realistically the rate per unit is unlikely to be 15c and it is almost impossible to guess where the negotiated rate landed but it is real cash in as is the icharger download cash which was probably negotiated at an even lower rate. The 20 million order is from wholesalers so not an immediate monetization. It would make sense to me to use the 4M a month sales of the current icharger as a guide to potential turnover. That is near the anticipated 50M for the first year. At that rate, and a stab in the dark rate of 5c per download Xped may be earning $200,000 a month from this single device. From a potential earning point of view that is amazing. If the technology takes this is grains of sand in the beach. CR will be the least of our worries.
 
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