Dear Michael,
Just discovered your company (courtesy of Danny Deadlock) and am very impressed with the principle of the product and the relatively short time it has taken to get F.D.A approval.
Regarding your previous statement of "We do not expect that this will take any more than the time required to deliver 120 - 150 units in field trials", I have a few questions that I hope you can help me with.
~How long is required to manufacture and deliver 150 units?
~What is required time wise and money wise to ramp up to full production?
~How many is full production?
~Realistically, what is your volume projection for this year?
~What volume is your projected break even point?
~When do you expect to reach break even?
Thanking you in advance,
Regards, Ray
BTW, I think you are to be commended for coming on S.I. and keeping your shareholders ( and future shareholders) informed, even though your hands are probably tied sometimes as to what you can and can't say about future plans.
It is refreshing for a senior officer of a company to make himself available for "question time". With due respect, it is nice to hear it from the horses mouth , so to speak.
Finally, I hope you also make yourself available when times are not so good and news isn't as frequent, just to keep in touch with what shareholders are thinking. |
