ON the launch pad, rockets smoldering, Think Tank presentaticards face up on the table AND still the ghost of S7 is barely visible in terms of a positive share price response#%$&*(@
Okay, a Canadian micro cap that has a loosing track record in terms of market cap , an uncertain current financial picture and a very expensive monthly operating over head and a break even projection that 4-6 quarters away!
With this as the back drop, it’s Pretty easy to see why even the most bullish of presentations might
Not raise investor interest at this moment in time!
So what will it take to get this moving north and off the launch pad?
Will closing enough of a funding source instill enough investor confidence to have them step in after it perhaps is completed?
Penny stocks shut out most institutional investors due to minimum requirements of the equity considered! and being a Canadian based issue doesn’t help any!
I finally had a chance to listen to the replay of Raouf Think Tank presentation and for obvious reason they were what seemed like full disclosure in terms of their customers both current and in the near future:
1. They are redesigned into the newest version Oculus S and it sounds like Oculus is expanding its marketing reach into China, only roughly 3 times the population of the good ol USA
$5 per unit sold for S7 x 1 million units annually combined with the Vive. $5 million revenue
2. SONY SONY SONY!!!! I am from Missouri, so I like 100% confirmation and Raouf clearly announce the Design WIN with their gaming asset to launch probably mid 2020 prior to XMAS 2020!
Sony sells about 1 million units annually with their PS VR 1 version...
Another potential $5 million but not until 2020
3. Launch with Asian DC OPERATOR, supporting possibly more than one new Data Center build out
Customer in second half 2019
4. Technology Ethernet switch mfg private labeling their own interconnects with S7 chips imbedded to roll out second half 2019
5. Another 1-2 operators / end user operators in the Asian market to place DC orders in 2020
Allright you guys, did I leave anything out on both the pros and cons of someone considering this company as an opportunity!
There are plenty of Elephants in the room, but is there a specific one hiding right under our noses that continues to hold this thing back????
All of this NON-sense is being directed from my opinion only and from a source of wanting some answers from someone much smarter than me!
Throw a guy a bone will somebody or a mouse to run up the elephants trunk and get him the heck out of the room!!!!!!
due your own due diligence, all my opinion and color