RE:D-BOX and ROBORACE at the Festival of Speed
Here's another article I just found about the ROBORACE
https://blog.vive.com/us/2018/07/24/roborace-vive-blaze-trail-self-driving-car-circuit/
Which brand providing motion solutions at all these major world events ? D-Box of course, the motin architects.
Can't seem to see 4DX anywhere close to these major brands D-Box hang out with... Oh I know why, 4DX is busy trying to become the pseudo standard motion provider for roller coster rides in cinemas with solutions they fully finance with millions of dollars coming out of their pockets. My little finger tells me not many theatres chains out there would install their solution if they had to pay for it with money from their own bank account...
D-Box used to finance the installations when they started. Made sense back then, it was probably the only way they could convince theatre chains to install this visionary new product. Contrary to 4DX though, D-Box didn't have to finance their installations for very long before they could demonstrate their relaibility, appeal to patrons and most importantly that they generated significant recurring revenue for theatre chains. Anyone knows how much revenue was generated with the sale of seats since they started in Q3 2009 ? $ 56 700 000 millions of dollars. Not bad for a micro company... And cince they ionstalled their very first screen in 2009, all of those seats raked in over $ 34 777 177 millions in recurring revenue !
Now add in home sales, training and simluation and most recently themed and you have a heck of a potential that is IMHO just waiting to pop, and I think this day will happen very soon.
So as much as I would have liked to see concrete benefits in my bank account much sooner, I think Claude's strategy and bulding blocks is taking shape very well, so I'm willing to wait a llitle longer before pushing him out.
He'll have my votes at the upcoming annual shareholders meeting.