@traderbbc1 In the long term, the share price will definitely rise, depending on the volume of sales.
My personal sales sample invoices:
Smart Mirror - Standard $ 699
Smart Mirror - Wardrobe/Fitness $ 899
Smart Mirror - Circular mirror Coming in 2022 $ ??
Smart Mirror - Rectangular Mirror Coming in 2022 $ ??
The average retail value per mirror variant sold and available in 2021 is $ 800.
- 10000 mirrors sold correspond to a sales volume of 8 million dollars.
With this annual turnover and a 5-fold valuation of the company on the stock exchange, the market capitalization reaches 40 million dollars.
With this annual turnover and a 10-fold valuation of the company on the stock exchange, the market capitalization reaches 80 million dollars.
- 50000 mirrors sold correspond to a sales volume of 40 million dollars.
With this annual turnover and a 5-fold valuation of the company on the stock exchange, the market capitalization reaches 200 million dollars.
With this annual turnover and a 10-fold valuation of the company on the stock exchange, the market capitalization reaches 400 million dollars.
- 100000 mirrors sold correspond to a sales volume of 80 million dollars.
With this annual turnover and a 5-fold valuation of the company on the stock exchange, the market capitalization reaches 400 million dollars.
With this annual turnover and a 10-fold valuation of the company on the stock exchange, the market capitalization reaches 800 million dollars.
- 250000 mirrors sold correspond to a sales volume of 200 million dollars.
With this annual turnover and a 5-fold valuation of the company on the stock exchange, the market capitalization reaches 1000 million dollars.
With this annual turnover and a 10-fold valuation of the company on the stock exchange, the market capitalization reaches 2000 million dollars.