Some scenarios for LIFX Clean:
Suppose we sell 1 million units worldwide in the first year with profit of $10 per bulb. A handy $10 million profit
Suppose we sell 5 million globally at $20 profit per bulb = $100 million profit.. Starts to get really interesting, doesn't it?
And we still have all the other LIFX gear we are selling in the high Christmas season.
And OHM is waiting patiently in the wings for its turn in the limelight.
With unprecedented disastrous bush-fire seasons in Australia and USA, the only climate change denier left on the planet is Tony Abbott, the ten pound pom who has returned to his country of origin.
As soon as a COVID vaccine is found, the world will turn its attention back to saving energy and trying to reduce mankind's contribution to global warming. The USA will really get involved this time around after their devastating bush fires. Apart from saving the planet, saving energy will help economies get back on their feet.
The OHM relaunch will be huge. Once the profits from LIFX start rolling in, BUD can spend some $$$ marketing OHM. I just hope they get the price points right this time, but I think our new marketing and sales guru will take care of that! Might be a couple of years away, but like Pantene, it won't happen overnight but it WILL happen!
So, again, why would anyone be selling at 7 cents when it has already tested 10 cents once and reached over 9 cents just a couple of trading days ago ?? One more great announcement and 10 cents will be tested once more. Will we get Over The Top (my favourite Angels tribute band here in WA) on the second try? It depends on an announcement of how many LIFX Clean orders have come in..
Maybe there is an imminent CR at 6 cents that some people already know about and are arbitraging, BUD has been getting leaky lately.
Otherwise I am still baffled...