InvestorsHub Logo
Followers 2
Posts 206
Boards Moderated 0
Alias Born 12/14/2012

Re: Sobek post# 1063

Thursday, 03/09/2017 11:15:20 AM

Thursday, March 09, 2017 11:15:20 AM

Post# of 1637
So, its likely there is a lot more going on behind the scenes than meets the eye. What strikes me is that it seems like they place an order, wait to get it, receive it and its sold out within 48 hours (which is AWESOME). But I can't help wonder, if the units go so quickly, why order in a bulk format instead of a situation where there are units becoming available on more of a weekly or even bi-weekly basis as it seems like the sales/rentals of the units could realistically become a daily thing--thereby generating revenue more quickly? Or is this just a startup problem (e.g., access to money to be able to place the orders) and, if being placed from a 3rd party manufacturer are required to place a minimum order? Right now it seems like they make a decision to order a few units to "see" if they can get them sold and then when the units arrive they go like wildfire and we're back to trying to get more units, as opposed to placing the next order midway through the development of the batch that is being waited on so that its not another 3 months before you get more inventory? I suppose it has to do with having the money on hand to place the orders so as not to have to borrow money to pay, but it leaves me wondering why they haven't gone ahead to a system where they are able to distribute at least 200 units on a weekly basis, as it appears the demand is definitely there. Perhaps that day will come soon! At any rate, it looks like they are making significant progress which is AWESOME....
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LTES News