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Miniscule revenue from proprietary products. Revenue from website lighting sales around $15M. Hefty loss for the quarter
What is your expectation?
Revenues from their proprietary products is what I'm looking for, not from websites that sell lights
Imo, It's essential to have all the relevant data before making any recommendations...waiting for Q3 results is a prudent approach.
Very possible. I actually think we are headed to $2.
Yes, I am eagerly waiting for that to re-evaluate my position. I could add more when they come out revs are great.
$1.6 test today...
Wait especially on Q4
They're pushing. I think we should wait for Q3 before giving recommendations. Maybe they're ahead of us in planning
When should we expect it
Can get higher with good volume imo.
We need the cash burn to reduce and sales to start showing.
Hell yeah..and if that happens you know how further it can run? 2$ +
Cash burnout reduced if you look at the fins, and need to be cut further
I'm yet to be pleased. I need to see their decisions pay off in rev growth. Fins need a boost
I'm of your opinion, evaluating and optimizing expenses, including subleasing the Miami office space, could enhance profitability and shareholder value.
I agree with you revs and profits are what potential investors want to see.
Revenue and profit from their proprietary products needed, that's zero so far. Expenses are crazy, sublease the $30M+ Miami office space as it's not needed
It is possible, market are very unpredictable. Good news can create the spark needed to get the SP going again.
There's over 4M marketers on the road, no other car manufacturer has that many believers in their brand
Thanks. The company should intensify marketing to get the products everywhere.
Hello Chris, I'm of the opinion that if the 1.68 resistance fails 2.02 $ is the next significant level. If for instance Skyx give solid news this month by Mid November it's possible. JMHO
Thanks . Its intriguing to see how all the patent fit in the bigger picture
Good morning, everyone. Do you think SKYX is poised to reach the $2 mark soon?
I think this link will be of more help -->https://finance.yahoo.com/news/skyx-provides-business-including-5-123100228.html
Are all the 77 patents related to lighting?
When people ask, "Who is SKYX?" the answer is a company with a mission to transform our homes into safer, simpler spaces. #SmartHome.
buying it up if we see $1.2 this week...
Standard committee meets in January
Management should tell us when they are expecting any feedback on the standardization application.
They have the product to dominate the market they need to grow sales and cut the expenses.
By providing an extensive array of lighting and smart technology solutions, they're poised to become the ultimate destination for customers, fostering the potential for substantial market growth and increased profitability...very possible
Yes, institutions hold 29.05% and management and Insiders hold 22.22% which is pretty encouraging imo.
definitely a positive sign for the company's prospects...
Their products deserve all the recognition they can get, and I'm sure a well-executed marketing plan will only make them shine even brighter
I don't see this going below $1 but time will tell.
Possible with good volume.
Check financials
$0.80
To boost their sales revenue, they really need to focus on developing a solid marketing strategy. I must say, SKYX products are absolutely fantastic!
I've got my sights set on that $1.5 price level.
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