SEVU seems to be a VERY PROFITABLE play and a break from the Internuts...
Its "Secureview" Product has a Huge Potential, IMO... I am ordering one for my front door, so I can just flip a switch while sitting at my computer and see who's there on the monitor... All that for some $300.00, including 2-way communication... Might get one to monitor my car-park at night too... I could get another to remote check on the comings and goings at a rental Property a couple miles away, through the Internet in the comfort of home...
Potentially, every fifth house in the US could buy one or more and Commercial Buildings, particularly Banks are already clamoring for it, as there is virtually no installation cost and it looks like an ordinary flood light bulb screwed into an ordinary socket... Then, there are the International Markets and the Licensing to other manufacturers...
I believe some 50 Millions units could easily be sold over a ten year period... There is no competition, so SEVU could conceivably NET 20% of the retail price: $60.00 on an average selling price of $300.00... GEEZ!! that comes to ONLY $3 BILLIONS NET EARNINGS, or $300 Millions a Year!!! If that sounds too optimistic, let's divide the projection by a factor of 10 and it's still a lot of money!!...
I'd better buy some more today, as there is only 2.7 Millions in the Float and the "E" is a goner!...
Disclaimer: This is only my opinion, not a recommendation and no responsibility is accepted for errors or omissions... Potential investors should carry out extensive Due Diligence and only invest what they can afford to lose...
JMHO, F. Goelo + + + |