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tallplumber

4,880 Posts.

735

09/02/24

11:38

Post #: 72321823
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Originally posted by kairos ↑

My 2 bob's worth:
Gen 4 OTC approved is another freaking wait wait wait ....
Meanwhile Gen 3 actually could ramp up in sales with little effort by it's presence in Walmart. Familiarity walking in and out twice a week seeing it can work. So, 4-5 sold per store in some stores per month. But what we don't know is how many stores proportionally are duds. And how many of those are not really duds, but just a bit more exposure time and they become 1 per month or better stores. And the 4-5pm stores may become 8-9 per month. It just depends on inventory and manufacture costs, and speed to ramp up numbers - this will determine whether the 9-12mo wait for Gen 4 is a major cash drag or breakeeven or better .
Then there is the possibility of OEM that is non FDA approved or maybe an announcement of OEM that is FDA approved pending. That also would be very positive.
Dunno, but despite being disappointing at this stage it's not terrible. 5000 stores mostly walmarts etc etc is still very significant. Just need to see that ramp up and Gen 4 /Oems happen.........the waiting is tough.

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That's my thoughts as well after a good think about it
From June to Dec last year we increased our shop presence by 25
That pretty significant
Il be hoping for a better March quarter

NUH Price at posting: 9.5¢ Sentiment: Hold Disclosure: Held
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