Replies to post #47730 on Bots Inc (BTZI)

[Ayles]

I agree, competition is one thing, selling your product is another.

Much potential here IMO.

GLTA

[ATCrunch]

While they have 50% margin they still are unprofitable.



Even if they grow revenue,they are still spending all the money running the company. Gross margin is completely different then operating margin.

This company is running negative operating margin the last 3 out of 4 qtr. The only good quarter they had was 85000 in revenue and $11000 profit.

This is a pipe dream. Too much competition in a niche market for me.

[D_A_N_]

When I read the press relase dated 10-21-2014

It reads they received a purchase order not payment .

Quote from press release

The agreement with Omnicam has been under negotiation for nearly three months. An initial agreement was signed by both parties on September 18, 2014. The company waited for confirmation of the first purchase order totaling $350,000, before making a public announcement

So that 350,000 revenue may not show up in till the 3Q.
As we all know the trems of the purchase order could be
7 days to 30 days after the items are shipped.

The bottom line here is they have the items in stores now.
Which we all hope will lead to many more largeer
purchase orders with them.

Once they get this thing rolling good . The PPS will take care of its self to make everyone on this board happy.


I have always said if you have the right product and be patient.
Good things will happen.