Have been saying the same for sometime Verse..........

Have been saying the same for sometime Verse.......

Communication is all over the place, grasping at straws for positive news (innovation awards, MOU's with leading players, NCF - who cares!) while not addressing the key issues:

Where are the repeat orders?
How much will NCF cost to commercialise - and why do they still hold it?
They have introduced LaaS but has anybody actually signed up?
What happened to Save & Share, and ditto?
How much sales are coming from Matrix and how much from the Illumalite business?
If electricity prices fall (as they seem to be), is the demand for Matrix as great?

Ultimately I feel the Matrix system is fantastic, and is proven to save ~$90k in a big DC fitout, BUT the key issue is the cost of ~$450k for a large DC "only" provides a 5-year payback - is that enough incentive for repeat orders -I don't think so?