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Re: Gen 3, I’m pretty sure Justin mentioned they were going to...

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peppers01

659 Posts.

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09/02/24

10:36

Post #: 72319789
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Originally posted by kairos: ↑

My 2 bob's worth:
Gen 4 OTC approved is another freaking wait wait wait ....
Meanwhile Gen 3 actually could ramp up in sales with little effort by it's presence in Walmart. Familiarity walking in and out twice a week seeing it can work. So, 4-5 sold per store in some stores per month. But what we don't know is how many stores proportionally are duds. And how many of those are not really duds, but just a bit more exposure time and they become 1 per month or better stores. And the 4-5pm stores may become 8-9 per month. It just depends on inventory and manufacture costs, and speed to ramp up numbers - this will determine whether the 9-12mo wait for Gen 4 is a major cash drag or breakeeven or better .
Then there is the possibility of OEM that is non FDA approved or maybe an announcement of OEM that is FDA approved pending. That also would be very positive.
Dunno, but despite being disappointing at this stage it's not terrible. 5000 stores mostly walmarts etc etc is still very significant. Just need to see that ramp up and Gen 4 /Oems happen.........the waiting is tough.

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Re: Gen 3, I’m pretty sure Justin mentioned they were going to focus on driving focus and sales on the 1000 or so stores that seem to have the right demographic, pushing for 4-5 sales per month (that would be equivalent to 1 sales across the 5000 stores). Then the saws you get from the remaining 4000 stores not really focussed on would be a bonus. Maybe just wishful thinking!

They still need to lift their game and get Gen 4 approved ASAP!

NUH Price at posting: 9.5¢ Sentiment: Hold Disclosure: Held
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