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Saturday, December 14, 2013 7:26:05 PM
Sales revenue cannot be reported until the product/service is delivered to the customer. Any product which they are able to deliver before December 31 will appear as added Revenue on the 2nd Quarterly Report due in February.
As Foxconn increases production after Dec 31, and new/old orders are fulfilled- Nano can begin roll-out of a full scale advertising campaign with the mantra "ready to ship."
3rd Quarter FINS due early May 14' (4-5 months out) could very well reflect a huge increase in sales revenues for the company.
As new technologies hit the market, they will be able to establish their strategic placement within the industry- and begin establishing their brand value and association.
As an investor of start-ups, one may want to keep these things in mind when planning an entry. Due-Diligence from reliable sources, independent verification, industry analysis, a well thought-out plan, and patience are all necessary.
I'm Looking forward to watching this company as it navigates it's way through the development stage. They are operating in an exciting arena.
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