Hi @kickit2me,
I would assume that production costs for this quarter will be well above $1m to supply our ever expanding retailers with Boost. The outgoings forecast for the March quarter would have been primarily for the Boost pre-order phase + a bit more, along with obviously another production run of IQBuds.
In December's quarter we had an anticipated $1m allocated to advanced inventory purchases of the Boost. We did a production run of $1.6m in the September quarter in anticipation for a big retail Christmas. Since then we have obviously continued to expand our retail presence. @kickit2me what would you guesstimate would be the cost to manufacture and ship the Boost to a retailer?
I also have a sneaky suspicion that product that Nuheara will commence selling the Boost at the AudiologyNOW! Convention in Nashville D2C simply based on the terminology used in the announcement "The webinars will be held in advance of Nuheara’s attendance at the AudiologyNOW! Convention (Booth 1050) in Nashville, USA from 18-21 April 2018, where the Company will officially launch IQbuds Boost", due to the fact the a HC had received notification from AUSPost about a delivery from Nuheara and by the way Nuheara's management have gone about doing business (under promise, over deliver). Also it was noted via Nuheara's Twitter feed, product of either 180 or 360 Boost buds had already made it to the "warehouse" by the 13.04.18.
Lastly, does anyone know of any big Audiology/Technology conferences held in South Korea this side of the year?
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