RE:RE:RE:Mid AugustYPL, especially when you have placed an oversized bet on a high risk investment.
Dont worry, misery loves company!! )
I think the play here at this point of the game is to close the funding and say a prayer for another announcement of significant cable chip set orders of let’s say (about 150,000-300,00 units at $10 per set) which would add another $2-3 million in revenue to 4Q on top of the previously announced orders.
I am guesstimating those first orders are in the 100,000 unit range possibly generating in the $1-1.5 million revenue. I feel if the initial orders were really large that the PP would have been a slam dunk quick close deal based on a much larger confirmed book of orders.
If the company can find at least $3 million in revenue in Q4 and use forward guidance indicating a bright future in additional large orders ( several hundrededs of thousands and up), well then we should be off and running around the track .
Their numbers need to be stellar to support the large operating costs. I don’t know the employee count and breakdown of design engineers, marketing and management staff, etc...
However, if they can turn the corner with a great Q1 and follow through over 2019, then at that point the company could become a much more attractive buyout target looking to purchase their technology, customer base and engineering design staff...
They need to keep reinvesting in future technology to remain relevant in the market place and this takes lots of money and a talented R & D staff...
Heck, if this was easy everyone would be doing it right?? ))
Fingers crossed