BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Commencement of Pre-Sales of Ohm product - customer roadshow, page-7

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    As reported in the quarterly and in the recent announcement, they are in 'pre-sales' mode and will remain in that mode until product has been received in their offices, from manufacturer, ready for installation. That is expected to be in 'mid-May' so another 7-10 days or so, I would think. The description of 'pre-sales' interest and activity prior to the roadshow - plus the expected interest hoped from the roadshow, do indicate that the 'sales' activity could be good. Or perhaps even better than good.

    While the commencement of sales will of course be a positive milestone, it is IMO much less significant than the milestone of how long it takes before BUD places a subsequent and larger order with its manufacturer for the Ohm units. That will tell us how well the chosen approach is going.
    Last edited by Lazarus65: 08/05/17
 
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