TSXV:RHT.H - Post by User
Comment by
xdmmdx3on Feb 22, 2018 1:28pm
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Post# 27603309
RE:RE:RE:RE:RE:CEO getting grilled on margins
RE:RE:RE:RE:RE:CEO getting grilled on marginsSukroro:
"The CEO may be trying to say that their projection for 2018 has them doing 80% which may be true since they are in Texas right now BUT as they scale outside of Texas they will incur marketing, support and R&D LIKE EVERY COMPANY HAS BEFORE THEM. especially with competition comming in." The mistakes your making is thinking that a company can't be first to come up with a great idea. Apple was one such company, the idea of the personal computer was never thought of before and many people laughed at the idea. Just because something is new and a brilliant idea, it doesn't mean it doesn't work.
The marketing isn't necessary because they have many word of mouth referrals now.
As much support isn't needed either because CEO stated they have full online tutorials that teach the home care providers how to do everything. She said it is very simple to use. All this was said during conference call. Did you even listen to it?
R&D isn't required really; it has been completed. they are at roll out stage.
I guess you really don't understand this company. But that's okay, let other people make multiples of their investment. You can just watch. It's only money after all...
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