Mind Solutions Inc (VOIS)

[User-65225]

Remember that 5000 pre-orders = $750k cash (@ $150 a pop).

That is not how business math works. Total revenues is not cash in the coffers. You have to subtract the manufacturing cost and all of the COGS (cost of goods sold) before you are left with NET profits (cash).

The odds of them making any net profits on the initial order is slim. This is how it is for all companies with products like this. Initial marketing could be millions, just to sell $750,000 worth of product.. Then after the products become known (via marketing/word of mouth), profits/margins improve and they could POSSIBLY swing into a cash flow positive position.

This is important stuff to understand if one wants to make money in the markets and/or run a business... Cash is KING at these early stages. Its what makes/breaks a company.

PS: No way are they going to have 5000 pre orders. Only investors know about it and there has been no credible reviews... Initially consumers will be skeptical and not willing to fork out the cash for this product. Lets be realistic