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Wednesday, December 27, 2023 5:33:18 PM
It the cost to produce the VOS is $150 then $199 is only $49 profit and $166 is only $16 profit. 1000 sold at that rate would only me $49K profit and $16K profit. You can't even justify a $3M market cap with that. At least at $299.99 you can say $149 profit and 1000 sold would be a $149K profit. Then a 10X from there would justify a $3M market cap.
If it was or is just an experiment then so be it and then price returns to $299.99 after Dec 31 or Jan 1 then I can watch BSR to see how it effects sales. The problem now will be people will wait for a sale for a $100 off the next time.
Also, if there are returns due to this sale, I won't be able to tell if those were unhappy customers who got the VOS as a gift due to not liking the product or just looking for the $100 off. Plus it could get difficult to calculate from BSR.
Anyway, 2 trading days left in 2023, looking forward to 2024. See what happens if I decide to reload SRMX again.
GO VOS 5G
GO SRMX(TCCI)$
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