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clock Created with Sketch. 26/03/19
13:14
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Originally posted by herewegoagain1:
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Really ? Think about it KMart don’t set up 3 + acres of warehouses just because they can. There’s a lot more going on behind closed doors than any of us realise , imo they really don’t give a rats about the SP , they’re just committed to making this work and let out info when they need$$$ which is fair enough as long as I see results, which is what I’m seeing and I’m betting their next announcement will be a jaw dropper ! CR , Dilution will happen it’s happened with every successful company going forward , it doesn’t faze me as long as we are $2.00 in 2 years and this wouldn’t be out of the question if that Warehouse was full of HXs rolling out for work everyday , ever been to a shire depo where they park all their one arm Garbo trucks ? Now imagine the HX lined up row by row inside that warehouse ? Impossible ? Well let’s just wait and see , they are either crazy to pay $850,000 pa or bloody 100% confident revenue is around the corner ! they are thinking “we will build it and they will come” or the indication of orders to come for WaaS is so great in Australia that they need to act now ! Believe me if project builders could save $1000 on the build they will be jumping on board head first , I’ve see these guys drop good loyal contractors for 20c a square meter cheaper ! FBR target is project builders that turn out 1st and 2nd home buyers in their hundreds Australia wide ! If this happens first adaptor of HX will force all others to use the HX in order to stay competitive ! 2020 I believe the residential sector will pick up and by then We should have 50 HX machines built , just my opinion DYOR or worst case scenario is the Masters hardware saga , build it and bad management will destroy it ! Who knows , but so far I like what I see , although the market doesn’t agree doesn’t mean its going to fail , look at the market across the board , not a lot of green just a sea of red , it’s a correction we had to have and now it’s just a waiting game , it’s the best market for those with dollars to manipulate it atm ! believers will be rewarded in due coarse.
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I agree, however the "masters model" is exactly why we need to hold management to account for the lack of information and progress on these machines. Its why i have raved on so much regarding the lack of routing ability and the point not being communicated at all. Its why losing CAT and moving to a completely different business model was such a big problem for people. The tech is great, but the management team has a very real potential of messing it all up. A startup should be cautious with investors money. We are still a very small startup and $850k a year on just rent without a single binding deal in place that puts us toward revenue is a mistake.
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