The quarterly production cost projection of $1m was pretty certainly for BOOSTS only as we stocked up on IQbuds earlier - in the Constant Investor interview in March Justin said we were holding $2m in inventory.
Was that $1m an underestimate?
Well the BOOSTS are pretty much the same product as the IQbuds so I'd expect you would get about 5,000 of them for your million dollars. If we need to produce more than that to meet "overwhelming demand" then I don't think anyone will mind us blowing the budget by a few $ - the more the better obviously.
In keeping with the thread - on a cash flow basis - a good proportion of the BOOSTS were pre-ordered online so with their high margin it should see us OK with the cash situation.
As to predicting the future re what happens at the two big US dates coming up - not my thing. Only prediction I'm willing to make is my Nuheara shares being worth a lot more than they presently are at some future date. Hence my investment.
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