Nuheara have spent just a bit more than $20m in total since inception Feb 2016. That includes a "production line" that has produced over 15,000 pairs of IQbuds.
That doesn't seem to correlate to your figure of $45M for a "new production line". Would you like to justify your figure?
And also point to the news item or statement by management that a "new production line" is actually required. Are you aware that IQbuds and IQbuds BOOST are essentially the same product?
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