BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Commencement of Pre-Sales of Ohm product - customer roadshow, page-8

  1. 9,788 Posts.
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    if theyd made actual sales receipts theyd say so - which is your answer.

    extremely unlikely they will be given cash for something they dont even have yet. its a b2b consumer unit from a new/unknown brand in a new/pretty unknown space.

    theyll just be taking orders at this point and expressions of interest/requests for further demos etc. outside chance they have deposits - but i doubt it given they are trying to lower barriers to adoption

    i wouldnt pay until i had my unit installed and proven to be working - neither would a building manager.

    most b2b sales of hardware work off 7/30/60/90 day invoice post delivery/installation.

    once its a proven device you might get pre-sales to lockdown volume from buyers like happens with some consumer items. but not when its an untested quantity in a nascent market.

    imagine if the company failed to manufacture and just proved to be a hoax.

    building manager would get shot for paying cash without even sighting the thing they were 'buying'.
 
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