The quarterly states that mouthguard production is to increase from 5K to 35K per annum.
At $400 a pop this equates to $12M in revenue that they are gearing up for.
Meanwhile they are considering financing options.
I left a msg for the CEO to contact me because I have many questions.
Question Number 1 is why some sort of branding doesn't appear on the mouthguard to accentuate that a HitIQ mouthguard is being worn - on National/International television!
Just an H with a copyright circle would be a marketing coup - the reason that advertising is attracted to sports and we would get it for free.
I have so much more but I'll leave it at that for the time being (Jeans).
HIQ Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held
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