Understand where you are coming from container in seeing many of my other speccie's doing the same however IMO this could be the opposite. We are suppose to re-list at 30 cents which gives the MC a value of approximately 20 mil. (or equivalent to 67,000 - 115,000 unit sales of the Reduit 1 @ circa $175 or $300 per unit) not including any value for the rest of the business (which obviously has value) Now the question is do we believe a device showcased at the largest electronics fair in the world in CES 2020 that received multiple great reviews & in the top innovations category can sell thousands if not millions of units? If the device really works & reviews so far are true then I'm sure it will sell in the millions & not just in China but the US & around the world too. Am I being too generous if I assume sales of at least 1,000,000 units in 1 year? (which obviously if realised would equate to 175 - 300mil in sales). Is the MC expensive at 20 mil taking the above into account without realising the potential value of many new innovations such as BG & recurring pod sales? If we have any indication of bumper sales leading up to us trading again then I am of the belief many will see a 20 mil MC as extremely cheap!
OBJ Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
(20min delay)