Ann: Robo 3D signs milestone manufacturing agreement with Foxconn, page-67

Consider the hierarchy of consumer needs when buying consumer electronics:

1) fully endorsed product by retailers

- its nigh impossible to sell to the general public without full endorsement from major retailers - as its the retailer that provides come-back if there's any issue - and the public are sheep only buying what everyone else is buying

- RBO has had very limited retailer presence up until now (just a select few stores) - so most of the public would be quite cautious - thats why sales have been ok but not awesome

- now we have proper manufacturing - the stores can order much more and distribute more widely - this will have a significant knock-on effect - helping to drive confidence and thus sales

2) compelling prices

- RBO are pioneering a low entry price point for high tech machines

- so big tick there

3) strong reviews

- RBO have received great reviews from CES and other important sources

- so big tick there

Conclusion

2017 will be good for RBO