Innovative Eyewear Inc (LUCY)

[B RY]

"By connecting to ChatGPT with your voice on Lucyd smart eyewear, you can access a wealth of detailed research on just about any subject, making it one of the most powerful mobile learning systems available,’ said Harrison Gross, Innovative Eyewear’s CEO.

The Lucyd Lyte 2.0 line comprises 15 styles. The app can be downloaded in beta here, with a free trial. Customers can upgrade their eyewear at lucyd.co and receive the app for free."(2023 info, but still revealing)

I'm interested in holding this until next years 10k comes out. There are large companies like apple competing in this market space. Lucy's attachment to brand names will allow their sales to do just fine. Their easy access research capabilities with chatGPT will be used widely by college students, fast paced business workers and many productive on the go professionals. The direct offerings are a good way to access necessary operating capital as manufacturing expenses have been slowing their sales growth from the start. You can't sell a product you can't afford to produce. I think Lucy will do just fine over the next few years. After that we'll see if the competition either overtakes the marketplace, Lucy stays relevant, or someone buys Lucy for their proprietary technologies. Time will tell. Here is a 2023 StartEngine interview I think answers a few questions. Especially about addressing increasing manufacturing costs.

https://www.startengine.com/blog/interview-with-harrison-gross-ceo-co-founder-innovative-eyewear/