RE:RE:RE:RE:If The Seeking Alpha Article Wrote Something Like This DonRudy wrote: I agree craigbad that we should not look at every aspect of lens technology though the possibilities are there as this is the industry nex optics is in. I was illustrating revenue in eye wear, sports optics and the medical field. Eye wear and sports optics being some of the main talks as of late.
Craigbad wrote:
Imagine if they were able to get a deal with a leader such as Meade in the sports optics field!
If Meade sells $16 million a year and they were able to get in on the 14% of the market I would consider to be high end with a 10% royalty that would translate into $224,000 in royalties! Run, shorts run. I have stated before after initially doing my research that I see roughly $1-2 million in revenue for this company IF they are lucky in the sport optics field.
I believe the prpjections posted for sports optics optics industry luck or not to be misleading. May be accurate when judging a deal with Meade alone but not the sports optic industry.
I would love nothing more than for them to succeed. This is a valuation call based on what I perceived to be where the company should be as far as market cap given progress to date. I have to say, I never dug into the capital structure that much until I read Keubikos article. That really sealed the deal. Follow the share count, its easy to point the finger at short sellers, but the speed at which the cheap paper is being converted into shares is a tell as far as where the selling pressure is coming from as far as I'm concerned. Investor psychology plays a huge role in this as well. The fomo stage from the big reveal is over and now they will be judged on getting deals done.