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Posted On: 11/12/2017 11:41:41 AM
Post# of 40990
Revenue seems not be a problem going forward yet costs are still questionable. Even though Berman gave a breakout of unit costs per country where he intends to manufacture, you still have to get material to that country and train the assemblers how to make the product and have QA/QC. That's not a one day or one week thing.
Being able to sell the unused capacity is good but that means that Berman is locking up the full 24 hours in advance which means he has to pay for that unused capacity. So that 42K per week revenue is offset by some costs, at least 50%.
3000-4000 units per month are made currently in the USA/Canada. Keeps 1000 units in inventory at any point in time. Don't know when this level of production started. If it started at the beginning of 2017 then no problem with getting units into customers hands. However if it started September 2017 or later you could see how there might be a shortfall of product to ship and fill order. I'm sure somebody on this board knows the answer.
From what I thought I heard Malaysia production wouldn't come online until late December?
Personally I have my doubts about the golf apps, just think golfers won't go those. The urgent care dental business is a great idea but no mention of start up costs unless they are using existing dental facilities and just driving business there for a royalty. If they are going to senior living facilities who is paying for that equipment and probably a vehicle upfront? The company or the dentist?
At least for awhile, imo the stock price will detach from the company. Only around financial reporting times, if audited, will the stock price adjust to the numbers.
Being able to sell the unused capacity is good but that means that Berman is locking up the full 24 hours in advance which means he has to pay for that unused capacity. So that 42K per week revenue is offset by some costs, at least 50%.
3000-4000 units per month are made currently in the USA/Canada. Keeps 1000 units in inventory at any point in time. Don't know when this level of production started. If it started at the beginning of 2017 then no problem with getting units into customers hands. However if it started September 2017 or later you could see how there might be a shortfall of product to ship and fill order. I'm sure somebody on this board knows the answer.
From what I thought I heard Malaysia production wouldn't come online until late December?
Personally I have my doubts about the golf apps, just think golfers won't go those. The urgent care dental business is a great idea but no mention of start up costs unless they are using existing dental facilities and just driving business there for a royalty. If they are going to senior living facilities who is paying for that equipment and probably a vehicle upfront? The company or the dentist?
At least for awhile, imo the stock price will detach from the company. Only around financial reporting times, if audited, will the stock price adjust to the numbers.
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