Thursday, June 06, 2013 1:16:23 PM
Do you think there is a contract for a certain number of watches to be developed, produced
and delivered or is the contract based on a small basis of orders and then re-orders if they sell?
Is there generally a minimum order?
They discussed 6% in the conference-- at $50/watch 100,000 could be 0.3 M and one million could be 3 M with the only overhead being Sloven's office and salary. That could be a nice boost in cash without any carrying costs or inventory.
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