'I guess it continues to reinforce the tech has legitimate appeal in the cosmetics world. If Paul Peros can transfer this success to OBJ devices then 300,000+ devices would translate to $3-4m in revenue very swiftly. I believe something pre-Christmas is possible.'
SDJ, what is your source for your above comment? How do you place a $10-$12 Revenue margin on an unknown product prediction (to get to 3-4 million in Revenue), when you don't know the product, the wholesale cost and the margin? What makes you think it will suddenly happen pre-christmas, when Paul Peros just publicly stated a 'mid 2020 launch' for the 'first offering'?
Why isn't Paul Peros confirming this 'first offering - mid 2020 launch' timeline to his OBJ Shareholders? Why would you tell an internet rag as opposed to OBJ Shareholders? Always so many questions?
Paul Peros was just recently quoted saying:
'The company’s new division will focus on a variety of categories, spanning hair care to color cosmetics, and will form its own private-label brands alongside its continued licensing business. The first offering is expected to launch in mid-2020.'
https://www.glossy.co/beauty/beauty-needs-to-be-like-todays-tech-former-foreo-ceo-on-the-future-of-the-industry
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