if last year saw them selling 100s of the commercial units, this is the first i have heard about it, and i think the market would be excited to hear too
i think the commercial units are supposed to sell for 10 or 20K each. so that would be 1 or 2 million in revenue. i did not see that in the 10k, and i think if it was there, we would see a much higher stock value today.
i am calmly waiting for them to hit their first 100 units and a million or more in gross revenue, at which point i expect to see the stock rise to pennies if not a dime
sure, their website says they already sold 200 commercial units, but it has said that for several years. i find that kind of horrifying and said so. it seems like bullshit to me. but its legacy bullshit, from the old CEO and the levys not from ben.
and steve says it is not bullshit, they had a bunch of earlier versions of the commercial unit and other partners selling them or manufacturing them or something like that, like the sales are prior to their incorporation as GDGI or i dont know what other excuse.
anyway, i dont believe GDGI has sold more than a few of the commercial units yet, and i doubt they sold 200 commercial before they started doing very little business
again, the annual reports dont reflect that kind of revenue
do they?
am i missing something here?
re the commercial units - again, check the 10k
not that much revenue, however much units they sold
they are not emphasizign this part of their businesss at all on their site and have said in their PR they shifted their focus to commercial
a lot of their res units may have been sold by them in wholesale bulk and are trickling out through amazon but maybe adequate supply, no new production, no current revenue, despite continnued res sales
