Hope you're all saving up for the cap raise, coming soon. Even...

  1. 9,394 Posts.
    lightbulb Created with Sketch. 8959
    Hope you're all saving up for the cap raise, coming soon.
    Even to get an ozone generator physically ready for market, plus all the marketing etc will take lots of dollars.

    The kind of talking up a product as we have seen here is the usual type of pump before a cap raise. Given the company has no funds and is racking up debt, the cap raise to try and sell this has to be coming soon.

    Even if we assume they have a product for sale in the next month or 2, how many sales do people think will happen before the end of 2021? It is an interesting thought process, assuming the units are not too pricey, say in the low hundreds (like the other companies units), then what type of sales are people expecting?? What sort of profitability are people expecting per unit??

    Too expensive, not many sales, too cheap not much profit. I'm hoping they can actually get a product up soon, so the real work of how hard sales are kicks in, especially in a competitive market with existing players.

    I haven't heard of any of the other ozone generators selling in huge quantities, so the numbers will be interesting for cleaning air conditioners. At least numbers will be something different to discuss.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.