Technical 200dma bullish cross, page-131

  1. 9,102 Posts.
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    Well early 2021 is just around the corner !

    Great article worth reading .

    https://www.google.com/amp/s/finfee...le-app-deal-sees-cardiex-shares-surge-40/amp/


    Million-dollar royalties followed by exponential growth

    Commercially, management expects that the partnership would result in a seven-figure royalty for the initial 12 months of sales commencing fiscal 2021 on launch of the first Mobvoi wearable device “powered by ATCOR”.

    This factors in a single device integration at launch, however there is potentially much more to the story than one application.

    Assuming both growth in unit sales of the smart-watch as well as the expansion of “powered by ATCOR” into other lines of smart-watches and other wearable devices, such as smart earbuds, management believes a conservative annual growth rate in a range between 20% and 30% for the following four years is a reasonable expectation for royalty payments.
 
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