GREY:SXHHF - Post by User
Post by
brodanon Jun 26, 2008 4:03pm
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Post# 15234327
More questions and answers.
More questions and answers.Here are some questions from someone who is obviously out some $$$$
Question # 1: Why was the 500 % growth promised, and absolutly no sales? Laperle says if everyone would have keep their promises SHH would not be in the sad condition they are in. Who never keep their promises?
Once again, as i stated in my previous post, the distributors for SHH technology promised those numbers and did not deliver. When Aearo was bought out by 3M it put everything on hold for SHH.....reducing sales projections drastically. I feel that this company is a victim of circumstance and with a little reorganization this problem can be rectified.
Question # 2 : Casey keeps saying 6-8 quarters to get this company rolling, all right what is his earnings target for that time frame.
....25 million co by 2011 This is still considered as a disruptive technology because it changes the way hearing protection is going to be handled. When a new tech comes to market like this it must be fully explained to everyone in need and involved. This takes time, but at least its now being done.
Question # 3 : How does SHH expect any one to sell their ear buds or hearing protection when SHH is trying to invent a quick fit version. I would think why not sit back and wait.
All SHH is currently doing is trying to simplify the fitting process. They were even talking about a take home kit for the micro speakers. The hearing protection fitting will not change because once the fit has been made SHH uses its testing technology, which is the only one of its kind, to make sure proper protection is being given.
Question # 4 : Two years ago SHH had a inferior product, still the same today, running 30 % return rate. When will this stop and they quite inventing the product. After 45 million spent surely enough is enough!
sales return rate is wrong....auditor had to reverse some sales made it look like a return....moved to 2008 from 2007
Could you ask Jones when they plan on taking the MP3 earpiece globally? Europe and Asia where consumers actually have excess cash for these items.
He could not comment on that however if you go to the website you will see that they are moving towards a global distribution. They sealed a deal in the South Americas and Australia. I think thats a good start.
If you have any questions please post them and I will call Nick and ask.
Cheers
please do your due diligence
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