RE: LUCY27 Mar 2024 11:59
Thanks CM22,
Oak uses a highly ambitious 8x growth forecast for 2024, which is close to $12 million in revenue!! Although, given the size and quality of LUCY's retail partners, it might be achievable.
A couple of interesting points I didn't know;
a) TEK has underwritten to lend $1,250,000 at 10% interest via a convertible note. (Not sure how Cliff's gonna find the cash?)
b) BOSE have withdrawn from the smartglasses market (although they've declined to comment as to why).