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Technologies Sonomax Inc SXHHF

Sonomax Technologies Inc engages in the development, commercialization and sales of intra-ear technology for earphones, hearing protection, hearing enhancement, and other communication applications.


GREY:SXHHF - Post by User

Comment by mcgillstockson Jan 12, 2013 12:58pm
94 Views
Post# 20829936

RE: RE: CES 2013 over

RE: RE: CES 2013 over

I completly agree. However, the company does not have the expertise nor the desire to sell direct. This has been their downfall as they keep trying to acquire OEM/ODM licensees.

Their expertise is in raising financing and completing R&D.

You would think with all the money they raised they could have hired some people who know how to take a product to market and generate viable sells.

In their defence, they only currently have a final perfected product, the V5. So who knows maybe this year the sales of the earplugs and earbuds will start moving. In reality, they had no choice but to create all this hoopla over the last years regarding the Eers product in order to be able to raise more financing to perfect the product.  If they stuck to simply earplugs, no one would have given them money.  

Anyhow if they cannot start generating sales THIS YEAR by selling earbuds, earplugs and/or product development services for other companies, the company is DEAD.

 

 

 

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