NUH 0.00% 8.1¢ nuheara limited

If trading is recommenced before then, the Q3 report, due in a...

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    If trading is recommenced before then, the Q3 report, due in a couple of weeks, will be interesting reading in terms of whether cash sales have grown or gone backwards. They would have raised the $1.8M by a greenmail/blackmail proposal to one or more of the large holders ie lose everything shortly if you don't fork up. Survival has been paid for by shares and options. It has always cost around $3M per quarter to run Nuheara so funds from these shares and whatever cash comes in from sales will barely last another quarter. Termination payments would likely drain funds, but the company really needed only a night watchman and a couple of staff to organize production and distribution of the HP Pro and Max. However, all production is to cease so we should see "no longer available" soon in all outlets. This outcome will not be good for further business relationships with HP or the various other outlets.

    This outcome has established that:
    There was never any arrangement with Realtek for future products.
    There were never any such "ten OEMs".
    In spite of the boost that branding with HP should have given the product, its being overpriced and of unappealing form has restricted sales to the point that the last throw of the dice for an all in bet on Walmart etc to sustain the company has apparently failed.
 
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