Already posted (Ann below) however I wouldn't want to be on the wrong side of the fence when they announce the first major retail orders have been placed.
A quick Google search reveals:
US Target Stores = 1,763 (2015)
US Best Buys stores = 1,387 (2016)
US Walmart stores = 5,229 (2016)
Any one of these chains placing orders of say 50 - 100 units per store is massive revenue. You do the Numbers.
NUHEARA ANNOUNCES MAJOR NORTH AMERICAN DISTRIBUTION AGREEMENT FOR IQbuds™
PERTH, Western Australia – Nuheara Limited (“Company” or “Nuheara”), a global pioneer in the world of hearing related wearable technology and the maker of IQbuds™, is pleased to announce a North American (USA and Canada) distribution agreement for IQbuds™ with one of the region’s premier consumer electronics and wearables distributors WYNIT Distribution, LLC (“WYNIT”).
Headquartered in Greenville, South Carolina, WYNIT serves a wide range of customers from large national retailers, including Best Buy, Walmart and Target, to independent resellers through dedicated business units and strategically located distribution facilities in the U.S. and Canada. Importantly for Nuheara, WYNIT’s product distribution experience currently includes other wearable manufacturers such as Fitbit, Garmin, Polar, Tom Tom and Pebble.
JW
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