RE:HighlightsAssuming these bullet point are from the Think Tank presentation made by Raouf today!
If so, did he use the words SONY or just a tier 1 console game OEM?
If they do a 10 to 1 reverse split that would push the share price up to .80 cents from today’s price, however I expect some price recovery prior to the listing application and may not need10 to 1, maybe 5 to 1 depending on the trading price required to list?
10 to 1 from today’s price would reduce the share count to about 30,000 from 300,000 which is a really small float. Just can’t see this, but I don’t know.
Slide 18 describing 2nd half 2019 and full year 2020 is really really looking strong.
They are currently going to book $5 million annually from the one Asian DC operator and mention adding 1-2 operators more coming on board in 2020. The operators could supply multiple DC owners! So probably a minimum of an additional $5-$8 million on top of the $5 million under contract! Awesome!!!
They also mention 2020 :
VR production launch with a Tier 1 gaming OEM. (SONY?). Good for a million units in sales based on 2019 sales. Another $5 million in annual revenue potential
Stable/expanding VR Base
2019 slide :
Expanding VR business with leading OEM into China ( any ideas who this might be?) NReal? I think they are AR based smart glasss....
Ethernet company with their own private label cables imbedded with S7 Chips going to market this year
Finally some forward looking information that looks like it could be really solid!
I believe we have all been waiting for this type of news and transparency in their future prospects !!!
Now, “Show me the money” so 2020 can finally become the year of the SPECTRA!!!!
All above my humble opinion and optimism)))