SBW shekel brainweigh ltd

So let’s look at this in a reasonable way.....using the facts...

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    So let’s look at this in a reasonable way.....using the facts that we have as a guide.....

    SBW at last report had -
    US$5.3m
    US$18.3m revenue
    US$7m gross profit.
    All this on the back of a year of COVID closures that basically shut down the majority of business across the world!
    By all accounts they expect to hit net profit next year.....

    .....they’ve now organised to a $5m funding stream......why the hell would you do that?
    They don’t need the money, they got US$2.1m in January remember. They are looking at being profitable this year....what the???
    Convertible notes - normally used as a stream of income to fund manufacturing costs.

    ‘Well, they’ve already given us a few clues about 2021 and what the expectations are for them in respect to major sales in the retail innovation division.

    The Jan $2.1m was for - “product development in the companies retail innovation division and go to market strategy for autonomous micro market and micro cooler”

    This $5m is for - “commercialising the retail innovation products”

    So January.....they were developing....March they are commercialising - meaning the products are ready to be sold.

    Stay tuned because sales are just around the corner.
 
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