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IVforlife

12/17/15 12:52 PM

#31120 RE: BigDaddy73 #31119

but selling the machines are just one of the many sources of income they are going to be generating.

$$$CTDT$$$

billiam321

12/17/15 1:21 PM

#31122 RE: BigDaddy73 #31119

You missed the point the milling machine sales while being a great and likely very profitable enterprise on its own is meant to provide the revenue to complete and support the diamond processes to completion. Hope you dig a little deeper and decide to come back. I doubt you would regret it.

bizops12

12/17/15 2:15 PM

#31124 RE: BigDaddy73 #31119

BigDaddy as others have pointed out the strategy on Magnatek has not changed. They fully intend to build their own machines and produce diamond themselves. They may license out the process to some industry groups depending on manufacturing needs. Either way they make money. The big change in strategy is the addition of the milling machines first (as mentioned to provide cashflow to move magnatek forward) and and because it is a synergistic product. Beyond that they will be looking to bring other products to market or develop strategic partnerships. The biggest challenge they face in my opinion is keeping a razor like focus and not going to broad or too big. The most lucrative and important process is magnatek. They are testing that process right now. Becoming the brick and mortar for the chip industry would be after they are producing diamond. But beyond just chips the current industrial diamond industry is more than enough to build a very large and succesful company. GLTU

Naval Nomad

12/17/15 6:11 PM

#31132 RE: BigDaddy73 #31119

BigDaddy,
Just to be explicitly clear, the AIG mill machines they intend to sell are different from the Magnateck technology that is the core of this company, it's another patent Snaper invented and is a means to generate cash flow.

ITStech

12/17/15 7:50 PM

#31133 RE: BigDaddy73 #31119

I don't think you were paying close enough attention BD.

The AIM crushers are NOT the machines that manufacture diamond material.

Further, the AIM machine production cost is $2000 the margin on the machine is like 10-12k !

As for the magnatek machines (diamond material) they will not be sold.