I just can't figure it out... Just a bit of history - I've been following Sensio now since around May of 2010 when a colleague mentioned the company to me. Right away I fell in love with the concept and started keeping a much closer eye on the progress of the company and what people were saying about it. I bought a few shares when it moved down to around 1.75 and watched as it dove down to the dollar mark. I sold my position and waited for a bottom. It seemed to be consolidating around .33 and so I started to rebuild a position and will continue to do so until I'm convinced it's a bad idea.
Hedge8 - I've been following your posts and though there is definitely a bit of bias integrated into some of your posts, there's no question you know your stuff and other than maybe projected stock price, your facts are accurate. The information you are able to pull together is very helpful and I agree with most of what you have to say so thanks and please don't stop sharing whatever you find.
Sailor99 - the same goes for you - healthy banter is good for the board.
So here's where I'm at and please correct me if I'm wrong.
IF TCL's agreement is similar in structure to that of VIZIO, then we should be seeing royalties on every TCL 3D TV sold in the near future. Is this correct? I can't seem to find anything that states EVERY TCL 3D sold will integrate Sensio technology, however, is it possible that only particular models will support Sensio's technology and therefore we will only see royalties on those particular models? Because if not, being very conservative - assuming NO growth in 3D sales for TCL from current levels, and I would say a very conservative .25 royalty per TV sold, that would still represent an added $354,750 in generated revenue PER QUARTER based on TCL's January sales of approximately 473 000 3D TVs sold.
Let's move over and take a look at HiSense now. From what I understand, HiSense has sales in the ballpark of what TCL is managing. Again, let's be ultra-conservative and assume no growth and only 65% of TCL's sales which puts us at about 900 000 3D TVs sold per quarter (I don't have any numbers to support this, so please post them if you do). That is an additional $225 000 in generated revenue PER QUARTER at the same .25 conservative royalty.
Throw in $50 000 per quarter from VIZIO and another $50 000 per quarter from the Samsung deal and we're already looking at just under $700 000 per quarter on the extremely conservative side. This doesn't account for Wi-Lan, 3DGo!, Autodetect - or even moderate growth!
So what am I missing? What is it that investors are so afraid of?