BUD 0.00% 4.3¢ buddy technologies ltd

Ann: Acquisition of LIFX and Share Placement, page-94

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  1. 97 Posts.
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    Thank you for your response.
    No I don't. Just trying to understand how the cost benefit eqation works.
    The LIFX Mini is the smallest bulb in the LIFX family, but it's roughly the size of a regular light bulb. It's 800 lumens, and it comes in three different models: white only, "Day & Dusk" (these offer a range of white tones, rather than a single white or a full colour pallete), and Colour. These are $34.99, $44.99, and $69.99 per bulb, respectively.The LIFX A19 is a larger, brighter bulb. It's 1,100 lumen and will set you back $89.99.The LIFX + A19 with Night Vision is almost identical to the standard A19, but it can emit infrared light at night. This can be used in combination with a security camera to increase its range. You'll pay $109.99 for this one.
    These bulbs are expensive add to that the ongoing cost of ohm and you would have to save gigawatts to make it pay.
    Again not nocking the Company, the product or anyone posting on here.
    I own BUD share so would like to understand this better. 
 
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