The Venowave news/ Revenue of 10 million dollars IS THE MOST CONFUSING NR OF ALL TIME.
1) It doesnt say when is the 10 million for this year received.
2) It doesnt say how much we have in stock,
3) how much can Manufacture
The multi-year agreement provides Therma Bright with a $10 Million annual minimum purchase commitment, with the initial signing order of 5,000 units coming at a time when competitive mobile DVT prevention devices of the same product category are scarce, on back-order, or indefinitely unavailable in the US due to chip manufacturer shortages similarly affecting many other major industries.
What the fack does mean ?
an Intial signing order of 5000 units coming at a time when competitive Mobile DVT prevention of the same product category are scare, on back-order, or indefinitely unavailable in the US due to chip manufacturer shortages
------- SO they will only sign when there is a shortage -- i dont get this part cuz that shite confuses me.. Pardon my english
-- Maybe im having issues comprehending---- so fine
Next thing
WHEN THE HELL DO THEY EVEN MENTION when is this deal happening
What month? it was definitive agreement right? SO when is the first 5000 units being delivered..
When are we receiving the first 5 million dollars? the first revenue
WHat kinda of vague news report... and all the pumpers keep talkiong about how its De-risked now?? i only ask the question... cuz much as i hate bashers... I hater pumpers.
cuz pumpers will make you believe anything... So if i was thinking of selling a pumper might.. change my mind.
So anyone care to confirmmm if i missed anything -- cuz the venowave news.. is so vague.. Its like waiting or FDA EUA.. That it might come and reading too much into ROBS email to Germain on CEO... saying watch the newss
Like what else are we doing