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I love a pun. I didn't think that revenue was booked until Sept...

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McKhenry

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16/10/20

11:05

Post #: 48142815
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Originally posted by Holdtight: ↑

BDBenny18, the Sept 4c wont be a surprise. We have got the July and Aug number already. I am not expecting Sept to be that good. Everywhere was sold out. Shelves were empty and the websites were sold out. Can't sell product u dont have. There was major supply issues that have now been addressed for the final quarter. This 300,000 lights sold revenue has already been recognised in July. Why this is not fluff is the expectation that Amazon will at least replace what they sold ( as a minimum) PLUS the incredible success amazon had selling voice assistants that connect lights. They could have choosen one of 20+ lighting coy to bundle with. They choose LIFX and Hue. REASON, they dont want the echo bundle returned because of a poor quality light. The future is very bright. Especially if they Amazon want to connect all of the 200m assistants to lights.

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I love a pun. I didn't think that revenue was booked until Sept quarter, I know one carried on to the next quarter.

Hoping for a loss under 500k

BUD Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
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