UUV 25.0% 0.3¢ uuv aquabotix ltd

Ann: Quarterly Update and Appendix 4C, page-10

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  1. 3,251 Posts.
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    focus is on building up the distribution network, ensure the Cirtronics facility is ready for surge in demand and stockpile a few for large PO. Retail side is not the priority right now. I prefer they focus on commercial sales because retail will be become a low margin, high volume game. Eventually yes, but right now I dont think we need to go to the market with a consumer drone. its a very crowded space. I know most are crap but selling to retail consumers means spending on marketing etc. Dont need to spend too much cash right now.
    Last edited by Inferno31: 02/11/17
 
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