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Re: USAMade post# 10184

Thursday, 06/18/2020 4:30:13 AM

Thursday, June 18, 2020 4:30:13 AM

Post# of 10375
Btw, I did some back of the envelope calculations and found that Cemtrex wouldn't have averaged more than 50 (probably closer to 33) SmartDesk sales a month for fiscal 2018 and the first three quarters of fiscal 2019. My sources are the company's SEC filings and its press releases. Of course, by the end of the third quarter 2019, the desks were no longer being sold on NewEgg and were being shown as perpetually unavailable on the Cemtrex web site. They have only recently become available again, and the asking price is still heavily discounted (by up to 50%) from the original price of $4,999. I'd be happy to provide the gruesome details of the failed Cemtrex SmartDesk.
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