GREY:SXHHF - Post by User
Comment by
wiggy1on Jun 07, 2012 11:26pm
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Post# 19991898
RE: RE: News item - new retailers
RE: RE: News item - new retailers More fluff from good old Sonomax. Don't believe anything but numbers from this company. Remember Skullcandy? If someone is going to the AGM could you please ask how many eers they have sold.
I presume we will have at least one more news release before the meeting. It will most likely get Sonomax's name in print with some successful company but the bottom line will be still no sales. The product has been a total failure. Perhaps someone could ask how many eers SHH has sold via their Internet marketing to date. It must have been quite a success to expand it to Amazon. A lot of people buy no name over priced products over the Internet. They also love having to wait for their product instead of going to virtually any electronics store, mall etc. to buy ear buds to listen to their music. No body likes instant gratification.
The stock will trade at 2 cents or lower followed by a gross consolidation (at east 10 :1) Followed by more weakness and then perhaps when the company changes its focus back to hearing protection you will start to see this thing turn around. However that is at least 12-18 months away. Dead money for a long time. I hope people quit drinking the koolaid and realize what has been going on for the last 10 years.