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Bullboard - Stock Discussion Forum Nexoptic Technology Corp V.NXO

Alternate Symbol(s):  NXOPF

NexOptic Technology Corp. is a Canada-based technology company. The Company is engaged in developing artificial intelligence (AI) and imaging products, which enhance how images are either captured, processed, experienced, transferred and/or stored. It is developing technologies relating to imagery and light concentration for lens and image capture systems. The Company's primary focus is its... see more

TSXV:NXO - Post Discussion

Nexoptic Technology Corp > How many Honor 50 phones out of the chute?
View:
Post by AUborealis on Jul 02, 2021 2:41pm

How many Honor 50 phones out of the chute?

Pricing and Availability
 
Starting from June 16th in China, the HONOR 50 and HONOR 50 Pro will go on pre-sale starting from RMB 2699 ($417.00USD) and RMB 3699 ($517.00USD), respectively.

Say $465.00USD Average between the two.

At a later date, the HONOR 50 will also be available in international markets outside of China, including France, Malaysia, Mexico, Russia, Saudi Arabia, and the U.K.

The first sales figure released of $70,000,000 USD equates to:
$70,000,000/465= 150,500 phones.

For fun/arguments sake let's say NXO's end is $0.10/phone.

So Revenue of $15,000USD...on June 16, in two minutes.

Double that by the end of June = $30,000.00

Annualized (x12) = $360,000.00USD

1 phone from 1 maker.


Feel free to edit this dartboard prognostication.

Still sideways...after all these years...lol!


 
Comment by Roadrunner71 on Jul 02, 2021 4:05pm
It's thoughts like this that keep me in this stock. One day it will happen and then I can buy back my first car. A 71 Roadrunner, btw. LOL