It's a shame there's still a few naysayers providing negative commentary purely based on speculation and nothing else. The streamlined distribution channels have only been put in place along with a new CDO and people are expecting big material announcements already. Yeah the performance of the SP isn't what I expected but it provides opportunity for those who believe the fundamentals of the business are solid. It's damn cheap at the moment for those willing to back the company in. It wasn't long ago people were falling over themselves trying to get an allocation.
Anyway back to the announcement. I'm feeling pretty positive about this. Think back back to when the remote live view feature was announced. I can easily see how this feature would be desirable and applied in these types of events. Aquabotix are the only UUV manufacturer that provide remote viewing capability and I believe this could be a point of difference over any other potential UUVs deployed. Any sales from this will no doubt create a decent amount of exposure and will only enhance the company's reputation in the under water space. Hopefully they land some decent sales. We now sit and wait.
UUV Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held