RE:RE:RE:Apparently the codes have been approvedSmokey1958 wrote: I should have stated profit generating (instead of revenue generating) as the margins on these devices tends to be high. Most sources indicate anywhere between 20% to 30%. For THRM to move forward in the next 6 months to a year and establish even $2 million in sales with gross profits of $400 thousand to $600 thousand could reduce the requirement to ever significantly dilute the outstanding share count again. More importantly it would eliminate any discussion in the need for a R/S ....which has reared it's ugly head at times.
Let's hope Monday is the start of a significant change in fortune for the latter part of 2024!!!
And the "Profit Magins" for THRM are true Profit.Meaning this company isn't a mining expl/ co. or a manufacturing co.,, it has basicaly no overhead/little corp. expenses. It is true "Research & Development" co.,, farm out the manufacturing /sales staff, etc.,