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Technologies Sonomax Inc SXHHF

Sonomax Technologies Inc engages in the development, commercialization and sales of intra-ear technology for earphones, hearing protection, hearing enhancement, and other communication applications.


GREY:SXHHF - Post by User

Bullboard Posts
Comment by commissionson Jun 28, 2007 12:10pm
220 Views
Post# 13013464

RE: Should I..

RE: Should I..Golf - I believe that to be the case - Nick has said before that they thought that they would be cash flow + by th Q4. I forget the exact figure mentioned but I believe that they have $2.4 million in the bank and the burn was 300k/month - however they now have rev coming that offsets the burn. The real imformation that I could not get was what the testing rev was going to be for the balance of this year, as well as 08 &09. Aearo has them tied up that way - however they have said before that all thses licencee's are on contracts and if they are not lived up to they can be re-written - in SHH's best interests - OR given to another entity!! Reading between the lines - if Aearo comes up short while not playing ball with us - I would think that MSA - would love to have the territory that Aearo currently has - that would be the end of Aearo if that were to happen. So perhaps the boys can get Aearo to loosen up and allow SHH some visibility - such that we can start to get some guidance. Guidance would put alot of gain on this stock as we are in the dark - we know rev flow is coming because of the deals that have been done and who Aearo's clients are but until we see it on paper the stock will probably trade in the .30 - .40 range. Having said that there are a number of catalysts that would cause people who are waiting to be very sorry that they do not own this company right now! Comms
Bullboard Posts