@gtblackrs4 is correct. Subscription revenue isn't directly...

@gtblackrs4 is correct. Subscription revenue isn't directly linear with watch sales, because of the multiple users options.

We know watch sales is above 21000 (presentation last year) in total, so obviously 18000 is incorrect and didn't take those options into account.

As for the stock overall, 40million is a bit expensive based on their current revenue and growth projects, especially without seeing profit margins.

They need to hit 10-20mil revenue for the stock to be worth more than this in my view, which is a little bit away yet.

I'm holding for future potential, not for today.