SAMS down for now. I tend to agree with this decision and as an ocean enthusiast, I personally did not see these products really gaining traction.
SeaBin - continues to do well and this 20% stake alone is worth the current sm8 Market Cap in my opinion. Considering they have ~2,500 pre-orders at $3,300 pounds = $8,250,000 revenue. Here's hoping their manufacturer can scale fast! I am from NZ and we have one installed in a Marina in Northland. One currently getting installed in Aus also and getting strong PR around the world.
Clever Buoy - I like that they are focusing on their best lead in the U.S. . With any new product, securing one flagship customer can open up a number of doors. I am banking on these guys to pull through a couple of Clever Buoy contracts this year so am holding firmly. Anything that does not harm sharks is a plus in my books! Just noting that we could see multiple bags should we get the go ahead with the current U.S. discussions.
My two cents.
J
SM8 Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
