Likely scenario, or else....In my opinion Q4 revenue needs to be at a minimum between $2-3 million combined with any VR, HDMI, and DC sales
Something like $1.5 Dc, 750,000 VR and 250,000 HDMI mix of revenue.
This would put a band aid on the quarterly bleed out and to yes, pay the big salary’s and normal operating costs of the company! ( the big salary’s stick out like a sore thumb right now, but of the CEO contacts and experience lead to the promised land, that will be quickly forgotten)
The real numbers of $3-5 million in revenue for Q1, 2019 better show up or else this little guy is probably not going to endure as more funding would be required.
Its really this simple, the operating cost are just way too high to produce any more $1 million dollar quarters and survive it.
So much for the doom and gloom, there just numbers that need to be met!
On the plus column, the company has announced almost every top connector manufacturer in the world has either adopted and currently for has for sale, or deep into arhictectual design into future DC buildings or heavily testing their exclusive patented products!
Just like lining up the VR market and securing every major mfg that uses connector for the HMD,s.
Huge difference is their product is designed for Commercial use and not dependent on retail consumption.
I really believe these guys could receive orders for a million chip sets once design wins are granted for the use of their technology in these huge DC buildings. These are probably very intricate and complicated architecture which take time to test and construct. I think they probably build a few servers as prototypes and test these before committing to such mass volume of units and moneys required to construct one of these giant facility’s !
China has already jumped on board and with Molex taking front stage now along with the other majors in this space, I personally just have to believe they are on the cusp of making major strides with their technology.
At least the share price didn’t sell off with the lousy Q3 revenue numbers, so it’s once again time to sit and wait!
A .10 cent stock is a big time xxx shoot and I think all the longs here understand the value proposition S7 technology has to offer an aggressive investor willing to take the risk.
I think there’s nothing more to be obsessed here over the next month or 2, so I will be happy when or if a nice looking press release stating additional new sales coming on board adding towards a continued ramp in production !!!
Besides, Thanksgiving, Christmas and the New Year are right around the corner!
Happy Holidays to all here and your family’s....
These are simply my personal views and opinions only!
However, the Happy Holiday wish is a fact)))