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Re: None

Monday, 11/16/2020 4:42:41 PM

Monday, November 16, 2020 4:42:41 PM

Post# of 18433
Talked with Robert. He did not tell me anything he should not of.

As noticed in Q the high pressure side, things like L&W were hurt by COVID. The Scuba shops have been hurt, training classes etc. But the Hookah side has not, except at very beginning of COVID. In Florida when bars and restaurants are shut down the water is not, being out on your boat is considered quarantining yourself. Says boats all over the water.

So the Hookah side even beyond Nemo is doing good. Both gas and electric (Sea Lion). He changed the dealer setup to make sure when a dealer sells a unit their shop still has units on the floor, it has worked. They sell more. Also seems Nemo has good overseas demand.

He will be focusing on boosting sales in the field. Everyone knows Robert in the dive industry. The new guy will run operations at HDQs. He did not say but am sure he will also keep his hand in the engineering side too.

My guess is the new setup will increase sales. They already are way up due to Nemo and Hookah side.

When vaccine is out, then scuba shops and high pressure side will come back, which means even more sales.

Cheers