RE:Follow the NRs & See Where it LeadsI agree Topseeker and I also think the writing is on the wall for all to see if they take the time.
The part I am mostly excited about is... target 30 distribution agreements by March 31 with a minimum 250 order minimum.
Taking the minimums and the exclusive distribution agreement, that's 12,500 units annually. Some people can say that's not sales and sure one can pessimistically argue that point but my job is to do deals and negotiation terms and conditions. I do this every day. I can tell you no real company will sign up to anything they will be in breach of or fail to meet even if there is no penalty. They wound negotiate that term out of the agreement.
So I see the 12,500 as the minimum for 2021 not including direct sales or other distribution agreements after March 2021. At a conservative 50% or 8K CAD per unit to the distributor for 12,500 units over 12 months that's 100M in revenue which is about the market cap of the whole company.
With that I'll wish everyone a happy new year and all the best to you and your families in 2021!!