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Re: searcher18 post# 3725

Wednesday, 12/27/2000 6:21:42 PM

Wednesday, December 27, 2000 6:21:42 PM

Post# of 15369
My understandings are that there are lots of chips and other electronics parts that SEVU are purchasing with 16 weeks or more lead time. Those parts may come from outside of the country but you have to purchase them here. My understanding are that besides the camera and the light bulb there are lots of other electronics parts in the Secureview - like chips. That is why SEVU needs K-Byte as an assembly house for putting the chips on the boards.

Think hard. When you have a $9 million order at $349 each, then you have to manufacture at least 25,000 units at $80 manufacturing price. (I got all the above numbers from previous PR's and letters that were posted by SEVU). So, now you need a line of credit of minimum $2 million.

You are right, 90 days non-payments for parts are not a problem till you need to order more parts or other parts. So, we have a serious slow done on manufacturing.

But, you know what, from now on I will sit here and read your posts and wait till about middle of January when everyone will screem when SEVU will admit that production will not start in January nor in February.