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Bullboard - Stock Discussion Forum 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 Discussion

Technologies Sonomax Inc > These are great products,But
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Post by wdr2 on Oct 23, 2012 9:39am

These are great products,But

It's becoming a little confusing with all the different names for different uses.ie.Myfit .sonofit,eers etc.I do like the idea of going after industrial application to protect against hearing loss ,this might be a better niche market with less competition.Might be just too many players in the pod space and are price point is too high to make inroads in that space.Medical grade ear protection might be the way to go.I did at one point have a  large safety protection company that was very interested here in the west ,hopefully SHH will contact them and get this new product on the shelf.In Alberta the Health and Safety guys are over the top when it comes to safety ,especially in the oil patch.This could be a home run for SHH.

wdr2

Comment by berglay on Oct 23, 2012 9:48am
Where is the revenue going to come from - since SHH is compensated these companies quite handsomely so what's left in terms of margin for us. The news release says the one company can earn up to 19% of SHH - this will simply lead to more dilution for us. "The agreement is success-based and allows MADE to earn up to a 19% equity interest in Sonomax based on the achievement of major ...more  
Comment by wdr2 on Oct 23, 2012 10:00am
Performance based,up to 19%.Margines will still be O.K. wdr2
Comment by mcgillstocks on Oct 23, 2012 10:29am
That is what I was thinking as well. That means they most probably will issue another ~100 million shares. Hopefully MADE Global Brands will actually get some sizable results in the retail industry  before this happens. Either way focusing on the industrial and commercial sectors should allow Sonomax to create a profitable company.
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