My bias take............ new stuff- expenditure of $145k on the mirrors last q for: "strong interest" but nothing booked due to concern of "complexity/reliability" direct marketing of mirrors to enhance core sale and "to prove reliability" summary: capc smart mirror channel is "bigger than they can chew" core or old stuff- led,functionality over brand names china-centric trap,near term to medium term buy in(expense) due to tariff war summary: only one customer is buying from them and expect subpar profit margin on the "$12 million" sure sale.
Questions everyone forgot to ask? Is the smart mirrors sourced out of China?with 25% tariff??how many smart mirrors to be inventoried for direct sale??? and pie in the sky statement: size of the smart mirror is "over 1 million strong".
I listen to the broadcast which always sounds positive but I would like to see some action in my opinion it looks like they’re going to sell the mirror over the Internet first which sounded like they were going to start very soon They mentioned if I heard right was as large as all of last years revenue. Also might be moving some manufacturing to Thailand. JMO
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