leftover inventory of Eers worth less than ever Analyze the company based on its sales to the mining sector only.
The industrial product.
Hearing protection.
Ceilidh1 saw Eers at $80 and $100.
Based on this, the remaining inventory of the consumer product (Eers) is worth little.
This fiscal year count on an accounting loss because of inventory loss.
Competitors have had years and years now.
So they now have better product, which
1. Doesn't fall off your ear
2. Is in-ear or close to the ear canal (not over-ear, not bulky)
3. Blocks most ambient sound
4. Can play music at reasonable levels (no hearing damage)
Furthermore, competitors have models that are bluetooth, and with a microphone.