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Re: bbotcs post# 8773

Thursday, 08/08/2013 9:11:54 PM

Thursday, August 08, 2013 9:11:54 PM

Post# of 10804
bbotcs...SCKT....


It's going to work out. They post about new partners on their Twitter page all the time. They just got another reseller in Japan. International POS systems are building. It just needs some more time.

I e-mailed the CFO about the new 8ci scanner. They had 20 partners beta test it. The final design and software is set and it's starting production. They intend to send out the first 50 to existing app partners who signed up for it who are looking to integrate it into their product/software offering. I assume this is why the CEO said in the cc call that they figure the acceptance of this new product will be only a couple of months (vs 6-8 months for most new products that customers want to demo extensively). The scanner is really the exact same unit as the 7ci just in different packaging and integrates to the smartphone vs tablets. The units should start being available at distributors in early September.

7 series scanners are growing + large 7ci deals are imminent + the Somo will grow slowly + 8ci will add into mix + low expenses + low float + large tax loss carry forward = a winner in the end. It's been frustrating and painful but it will get there. Once it starts, then it'll be interesting to see how far it goes.

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