5th March: "The Company has advised retail partners that expected payment terms for purchase orders for this initial tranche of 500,000 units will be upfront payment."
How can today's announcement not make it clear if this $3.8M is upfront?
Obviously it's great news when we've been starved of any for years. BUT only if this isn't the mega deal that was referred to as being way better than the other mega deal (the US Utility that was around 600,000 lights). This is less than that. The release hasn't made this clear. Are we still waiting for that monster deal?????? Why wasn't that made clear. If it was the mega deal then please show me the door asap!
Also it's horrible that 298,033,278 fully paid ordinary shares will be released from voluntary escrow tomorrow, Wednesday, 1 April 2020 to make April fools of this announcement.
- Forums
- ASX - By Stock
- BUD
- Ann: LIFX Receives A$3.8m Orders for New LIFX White Smart Lights
Ann: LIFX Receives A$3.8m Orders for New LIFX White Smart Lights, page-7
-
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BUD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online