TUCN is very real.. Sales could top $20mil this coming year with $5mil net net.. Cost to manuf is tiny..due to location in Istanbul..margins will soar with sales.
Compare TUCN with the 2 IWB leaders SMT on the NYSE and Promethean on the LSE... These 2 co's have approx 70% of the market that is growing at 30%+ per year.. and is expected to double thru 2012...
YET,
Promethean IWB's are pen based and hard wired.
SMT boards are touch based, and dry erase limited due to the softer porous surface. SMT's technology does not work with P3 Enamel steel (surface used in most dry erase boards). A special solvent is needed to erase and it never erases to a complete white.
TUCN - bouth touch based and dry erase capable.. P3 Enamel steel surafce.. TUCN gets incredible pricing due to the fact that 1 of the 3 partners also owns www.ee.com.tr ..the largest importer of P3 enamel in the EU and the biggest distributor of whiteboards in Turkey.
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