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"What "sales" are going to be represented in the Q3 10K other than Rotman's furniture store?"
Maybe so - but the momentum is building on their other products and Press Releases, even for small wins on Rx400 portend significant growth ahead.
They air frighted 600+ units to distributors - I would say that is a SIGNIFICANT milestone - not a lot of volume but does demonstrate the need and the desire to fill orders.
Also remember they paid off some debt with CASH - something is going right.
They also re-located mfg for the RX3000 to a ISO Certified Mfg Facility for high volume production. You can say it was a delay and all the other stuff to try to question what was said in the past - but the bottom line is they saw a need, realized they couldn't satisfy the future demand with the old strategy, so they took bold action to set a different course, rationalize the supply chain and use a high volume ISO certified facility to guarantee quality and delivery - not sure how that is bad but hey what do I know.
Deny all you want and suppress the good news but the inevitable is going to drive this up. Is it a $1 stock - probably not in the short term - but it will definitely reach new highs in the near term.
After 4 inches of SNOW TODAY - OCTOBER no less - you are going to have some company in the warm weather.
Hell Trump was in TB yesterday and needed sun block - lol. FL looking real ggod these days.
Soon people will be shaking their heads saying - I could have bought that stock for a nickel - lol.
It's not a question of IF but WHEN. And when is coming down the pike sooner than later - JMHO.
That sprawling house on the beach in Fl could be in your immediate future and you can say goodbye to the high tax state you live in.
Viva freedom from tax hell.
And they have - your making my point
Well they aren’t shipping multiple containers and air freighting Rx400’s and cartridges for giggles.
I estimate ~3K ordered - someone is buying them
Assuming the RX400 is selling well and Rx3000 production imminent - I could see a corporate action of a small buyback or small dividend to shake things up.
JMHO
Wow - math - didn’t know that
Looking at the chronology of events for the Rx4000, management took an unprecedented step in delaying the production process to rationalize the supply chain, dedicate hours of engineering to improve the process and provide a facility that meets exceptional manufacturing standards that will produce the volume of output necessary to meet the demand.
Companies have a right and a duty to make strategic decisions in the best interest of the company.
Also in those containers are close to 3,000 replacement cartridges for ongoing maintenance - the annuity replacement factor is a significant ongoing revenue stream that will grow as the installment base grows.
This in only for the Rx400 - haven't even talked about the Rx3000 in this regard.
Ding, Ding, Ding.
Will be glad to pay up- lol.
That’s not news - lol
3 containers shipped plus 1 this week = 2,400 units - all sold - in addition they air shipped 600 units in two separate air shipments to 2 different distributors - that’s a total of 3K units SOLD - that’s around $2M in Revenue and its only October - still have November and December
That doesn’t not include the extra container that tge mfger did last week.
Have 3 year supply - lol
Looks like container availability is tight - mfger seems to be producing but containers tight - might see more air shipments - more expensive but demand is high and the orders are there
Start stocking up on necessities- in case
With Baker acting more like a liberal Democrat - the rino he is -
Probably
That’s why I do everything in NH - I live near the border
And the lower cost “consumer” model isn’t even included in these numbers yet
The home demand may exceed all the others - lol
October surprise - lol
Shut down oil and gas; citizenship for 10+ million illegals; free health care for millions; and we get back an admin that includes- Bernie, Warren, Rice, Mayor Pete, AOC, Klobuchar, Beto and possibly Kerry, Hillary, Holder and god knows who else.
And Harris would be president in 6 months or less- Jesus that is scary.
WTF - that would be an epic clown show
Let’s hope the American people are smarter than that.
It has been stated in the past that every one of these products could be $100’s of Millions in Revenue on their own – Rx3000, Rx400, Rx Consumer model, Latex Gloves – but the one that hasn’t really been discussed is Vytex tires – sure I hear the snickers in the audience – but hear me out.
I am going to assume that they can get to the commercialization stage – tire unit sales WW in 2019 were approximately ~3.2B – that’s with a B.
Cars and light trucks were ~1.8B by themselves.
It doesn’t matter if the Car/SUV/Truck/Trailer/Bike etc is gas, electric or hybrid – they all need tires.
Assuming 1/10 of 1% of tire market – tire unit sales would be 3.2M units – assuming profit of $20/unit under any type of arrangement and you would get $60+M in profit annually – talk about an annuity – figure whatever multiple you want – but this is 1/10 of 1%.
imarc - Tire Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025
4. What are the major tire industry trends?
The major trends in the market include the development of green, eco-friendly tires that offer improved performance.
The fun hasn't even started yet - wait for it - ding,ding,ding
Lets just say a new zip code would be in your future.
I wouldn't quite say it blew up. Lots more to come - daily swings are expected here in the Wild Wild West of OTC - cesspool for us gamblers - it's just the way it is.
I love last week that certain posters were pretty silent and today they come around saying I told you so - lol.
So predictable.
Add a zero
Just to show the potential of the Vytex Gloves:
I have a family member in the medical field - his group (Decent size Outpatient Surgery Center - multiple locations)uses 1000 Boxes of gloves a day. That would be 365,000 Boxes a year.
Assuming 10 boxes per case @ $150 a case - That is over $5M annually for 1 client - How many surgical centers, hospitals, labs etc are there in the US alone
I think the opportunity here is obvious.
Disposable item - almost would be an annuity - the recurring revenue is ridiculous.
More bad news for some and great news for most.
Doesn’t have to - just show progress, growth and where it’s headed - profit would be a bonus
You are speculating - no one knows for what reason - but to put your speculative spin is typical
The opportunity was always there- COVID accelerated it and added Explosive volumes
Being built brick by brick - Rome wasn’t built in a day - steady growth is sustainable growth - no flash in the pan
Boy that one had to hurt - grudging acknowledgement - lol.
Video more powerful.
This is one major contract away from nutsville.
Some will be disappointed but the faithful will get their reward.
Follow up text
We do too, it's great to see so much product shipping! We are starting to clear the backlog and customers are so happy to be getting the units.
It’s obvious some don’t read very carefully or want to post disinformation- the text said FIRST AIR SHIPMENT- in addition to ocean containers which have been discussed prior
So the air shipments are new not the ocean containers- come on get the facts and timelines in order
Only thing this means is that demand is so high that air ship is needed - works for me. And the payback is still viable to pay air costs- reduces lead times and still profitable- hmm sounds like we have a winner - ding ding
Some just need to give it up - the constant harangue on what did they sell, how much did Papa dump, when will we see this or that.
Jesus there are some who just can't let go of the fact THAT THEY MAY JUST BE WRONG.
Obviously not someone who posts this board regularly - lol.
He/She apparently is smart enough to ignore the noise.
Overplayed - lol - you doth protest too much