Bullboard - Stock Discussion Forum Technologies Sonomax Inc SXHHF

Healthcare Medical Instruments & Supplies

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

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Technologies Sonomax Inc > Another Garbage Quarter

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Post by mcgillstocks on Nov 28, 2012 11:14am

Another Garbage Quarter

Most companies offer some sort of guidance in terms of projected revenues. These guys have once again offered no remarks to how sales are going.

The only guidance I got from browsing the interim financial statements is that they may seek protection from creditors. Good job Sonomax.

Also, why is their cost of goods sold higher than their revenues???

Lastly, whatever happened to the rapper they hired. Is he still working for Sonomax and if so what is he working on?

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Comment by mcgillstocks on Nov 28, 2012 1:00pm

I just read the MD&A. They do mention where they are going. But, come on......time to make some sales now.

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Comment by berglay on Nov 28, 2012 1:55pm

I've decided Nick has a love of celebrity but not a head for business. 1st it was inclusion in the Grammy (or was it Emmy) bags; then there was the Foo Fighters who loved the product. Then came Virgin records. Next it was the DJ who signed on. Every year its been a trip to Vegas to win some meaningless consumer product award. Now he has the father of a famous young Cdn singer on the board ...more

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