Replies to post #17746 on Redwood Scientific Technologies Inc (RSCI)

[gnosis]

thanks for the info. that is disappointing.

i did not think someone else was responsible for selling 200 units, i thought that never really happened and someone else was responsible for lying about it

i was under the hazy impression that these commercial units would bring in quite a bit of revenue, like $10k gross revenue per unit or something like that

if ben was in charge before and after, i can't dismiss the 200 units already sold info as a lie by previous bad management

if they sold very few in the last two years and most of them sold before then, that would not be a good trend at all

if the 200 units sold evenly through 5 years, that would be 40 a year. the last two years we only saw around 200k in gross revenue and some of that was residential units

a downward trend in commercial unit sales volume could explain why we dont see a lot of revenue in the last 2 annual reports, but that would not be good news

i thought these commercial units would bring in 10k in gross revenue or something around there, but it appears they bring in quite a bit less than 5k each

i guess that is not the end of the world
just need somewhat more than double or triple the volume of sales to produce the results i was expecting

i guess maybe the explanation could be that they had an earlier version that was less sophisticated and cheaper