GREY:SXHHF - Post by User
Post by
brodanon Jun 26, 2008 3:25pm
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Post# 15233988
Ref questions asked....answers.
Ref questions asked....answers.the first question asked was
1 - How will the manufacture now since they laid off more than half the people, outsourcing to whom and what will be the production outcome per week/month?
This question, as with many of them, was answered by the comprehensive power point given by the management today. When they decided to reduce staff it was originally done to help reduce the burn rate. The company currently has enough stock to supply the demand for the next six months. When the cut was made they had almost a year worth of supply. If they need to manufacture more it is easy to hire and train new people. As for the production outcome...they will manufacture as the need comes, therefore reducing the overhead and inventory freeing up capital.
2 - How does SHH plan to get on the radar for 99.9 % of the population?
a- advertisement?....campain....moving towards an industrial side.
During the presentation they showed a 30 second commercial that will be out soon. It was sharp and to the point. But first Dan stated that they will focus on current clients to try and expand the sales there. Everyone must understand that the bread and butter of the earnings are going to be made on an industrial level.....not in retail.
3 - Earbuds, hearing aids and hearing protection are only being offered to who? Where?....a - industrial product, offered internationally.
Part of this question was answered above. As for an international presence, it was made very clear that it was well on its way. The deal with Rio Tinto in Australia is just the begining.
More to come
Cheers
please do your due diligence