Replies to post #12468 on Ngen Technologies Holdings Corp. (fka NGRP)

[Penny Stocks 2.0]

Cost is $1500, Distributor price is $2500, Retails for $3999

[Det_Robert_Thorne]

No, really not that nice.

Sold five Guard Lites at wholesale for about $13K, making about $5K gross proft.

And the company is in such a cash poor situation that the customer has to pay in advance and wait six weeks for delivery.

Oh, and 90 potential customers are interested in seeing an actual, working Guard Lite. Maybe some will buy one.

Based on all the hype over the weekend, which surmised that the PR would announce the sale of dozens of units, this PR was a disappointment.