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Re: hotrodlincoln post# 3680

Tuesday, 11/27/2018 3:40:41 PM

Tuesday, November 27, 2018 3:40:41 PM

Post# of 4231
Last year there was a webinar with Blackberry

https://ir.vuzix.com/press-releases/detail/1575/vuzix-teams-up-with-blackberry-to-deliver-m300-smart

Obviously didn't help much, still languishing with losses growing faster and revenues can't keep up. The company raised a total of ~42.5 million in Dec/Jan and now that money is running out.

Meanwhile the Apples, Huwaeis, Googles, Magic Leaps, Microsofts and all the rest with billions on their balance sheets are looking to enter the market place where Vuzix has failed so miserably. Hololens reportedly has sold 50,000 units, and their price tag is about $3,000 USD.

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.

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