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I can only imagine how substantial sales can be with proper marketing. The products have a great selling point due to their safety and customer-friendly elements.
SKYX should quicken and plan to leverage these patents and the safety standardization effort to drive revenue growth and enhance shareholder value...
They have the products to change revolutionize the market. Just need to get them everywhere.
The company's assets are growing...and testing out $SKYX's products makes it crystal clear how they've simplified the installation of lighting.
In the profound words of the brilliant Benjamin Graham, the legendary author of 'The Intelligent Investor,' we are reminded that in the short term, the market may seem like a capricious voting machine, but in the grand tapestry of time, it reveals itself as a solemn weighing machine. This timeless wisdom reminds me that patience and discernment hold the keys to unlocking the radiant light at the end of the tunnel in our investment journey....
I reckon it's pretty straightforward to get a handle on what $SKYX is all about once you've had a go at testing out their stuff, especially when it comes to how they've made installing lighting a piece of cake.
Yes the currently have 77 patents which is great achievement.
That standardization approval will change everything here.
Does that take their patents to 77? Their technical team now need to back them up
Provide us with more context
projected growth to $338.28 billion by 2030, a good sign...and a bright future here
They have the potential to revolutionize the electrical installation landscape, and I'm excited to see where this journey takes us
You are right, they need to to improve sales drastically which I believe is something they can.
Maybe being the key word. Cut expenses and sell sell something
Maybe above $2 have you seen what they are bringing to the market, their plugs will change the electrical installation world.
If the market conditions were more favorable today, we would be trading at $1.50.
That loss is associated with Belami acquisition. Without it loss would have been around 5M.
In Q3 there's no reason why we shouldn't see a decline in cash burn
Cut expenses and greatly improve sales is my suggestion. They have products that can change the market I just want them to market more as they wait for that standardization approval which is also a great catalyst for sales.
Absolutely, they should definitely consider cutting unnecessary expenses like subletting the Miami office and reducing SGA. Managing cash flow is crucial for a company's sustainability my opinion though...
Last quarter they lost $12M on $15M revenue
SGA was $ 17M for the Quarter
$21M total Liabilities
$20M Cash on hand
They need to raise more capital or severely cut expences (Sublet Miami office $30M+ comitment not needed and cut SGA)
I see SKYX's recent patent milestone as a significant boost for shareholders. It not only safeguards the company's innovations but also strengthens its position in the market.
This is amazing news. I just want to see how they are doing on the sales front.
Check it out folks, they just scored five more patents, making it a grand total of 77 in their arsenal. What do you guys think?
Well it's not translating to more buyers which is what I want to see.
markets are ecstatic...I'm experiencing a sense of optimism all around
You are right but management needs to also increase marketing to reach more clients to drive the sales up.
Curious to see the gains from these collaborations.
I'm currently quite pleased with the recent decisions and actions that SKYX has been taking
Recent cooperation with top supplies of electric appliances like Material Bank recently make Q4 2023 interesting ..I wanna see how much they will milk from such deals
Possible as we are in a bear market but with potential upsurge in sales I don't see it staying this low for long.
Don't think anyone have read the financials. There's a lack of decisive IR/PR etc here. I'd wait
There's an opportunity to enter at a slightly lower price point at the moment. I recommend seizing this opportunity before it continues its upward climb
I suppose that their collaborations can be a game-changer. Here's to hoping for a successful boost in stock performance...
Thats the concern we all share. The deals they signed do offer wider platforms for them to reach more clients. It will be interesting to see how the sales will be impacted.
My concern is sales.If they nail them with help from any of their collaborators the fins will be give the stock a boost
Is anyone from our investor community attending the NECA Annual Convention and Trade Show today?
who had an opportunity to visit day 1 at the @necanet Convention and trade show?
Hoping we do, this level is boring I just want to see this to go back above $2.
How much do you want to own.
That sounds like a smart move... SKYX's global traction is a strong indicator of their potential for growth.
I'm considering rising my wager. The skyx products are rapidly gaining traction internationally.
With the current volume no. If we get more volume we will be on the way to $2
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