Re: Price move
in response to
by
posted on
Sep 08, 2010 08:03AM
Creator of award winning eers custom-fitted earphones
Whille Debt load is always a concern you should know a bit about managment of this company. These guys have been near bankruptcy serveral times and managment could have walked away effectivly screwing all share holders but they did not. Instead here they are today still managing the debt and still moving towards a mass production product that has IMHO massive upside potential. So, what I am saying is that anyone who is passing this company over based on the debt load you may want to reconsider. Everything is starting to come togeather. The company is turning profits, they are less than 1 years from a mass produced product that will be delivered to the retail consumer.
The product is unique to this company and they will be seeking to liscense it to players like Apple, RIM, Sony, Bose, etc, etc. Befor you blow that statment off stop and think... if one of these companies strikes a deal with Sonomax to have fully custom fit head sets offered with thier products do you really think the others will not to some extent be forced to follow suit? Additionally, if you were running one of these companies would you not want to be the first to deliver such a product?
Do your own DD and make your own call... but I like this one and I am in it for the long haul... unless they get taken out in the short haul ;)